Euler Price Surges 27%, Eyes New All-Time High as EulerSwap Volume Grows

Summary: The price of Euler (EUL), the native token of the Euler Finance ecosystem, has increased by 27% in the past 24 hours, buoyed by a significant rise in trading volume on the decentralized exchange, EulerSwap. As trading volume reaches $230 million over three weeks, investors are optimistic about potential new all-time highs.

Key Takeaways

Euler (EUL) price has seen a 27% increase, surpassing $11.
Trading volume on EulerSwap has surged, reflecting strong market interest.
EUL is currently just 14% below its previous all-time high of $12.97 from 2022.
EulerSwap continues to grow rapidly while still in beta, aiming to improve efficiency in trading, lending, and borrowing.
Overall altcoin market sentiment is bullish, with many investors showing increased interest.

Euler price jumped 27% on Friday

Euler Price Surge

The price of Euler (EUL), the native token of the Euler Finance platform, has surged by 27% over the last 24 hours, pushing its value above $11. Current data indicates that the token reached an intraday high of $11.05. This increase has been fueled by an impressive 236% rise in daily trading volume, which has hit $2.65 million, signaling renewed interest in the market and improved liquidity.

With these gains, EUL is now trading just 14% below its former all-time high (ATH) of $12.97, which was achieved in 2022. If the upward momentum continues, there is a possibility that Euler could surpass this resistance level and enter a price discovery phase.

Impact of EulerSwap

Euler’s price increase aligns with higher trading activity on EulerSwap, the platform’s decentralized exchange that has shown remarkable growth since its inception. Despite being in the beta phase, EulerSwap has facilitated substantial trading volumes, fostering investor confidence and sparking speculation about future highs.

On June 26, 2025, Euler Labs announced the success of EulerSwap, highlighting that it had generated over $230 million in cumulative trading volume within just three weeks. The company also shared information about user interface improvements and upcoming features to enhance the platform.

"Proof of Swap. EulerSwap has done over $230 million in volume in just three weeks, all while still in beta," tweeted Euler Labs.

Innovation and Integration

Launched in late May, EulerSwap combines trading, lending, and borrowing functionalities, ultimately addressing inefficiencies in the DeFi space. As noted by Euler Labs, the DEX connects directly with Euler's lending vaults, aiming to tackle issues surrounding idle capital and costly rebalancing.

A significant part of Euler’s strategy involves its integration with Arbitrum, a rapidly growing ecosystem in the decentralized finance (DeFi) market. The rollout of the Euler Super App on Arbitrum allows users to lend, borrow, and cycle through multiple tokens, including ARB, USDC, and USDT, as well as wrapped versions of Ethereum and Bitcoin like WETH, wstETH, weETH, and WBTC.

The recent 27% surge in Euler’s price also mirrors a broadly positive sentiment in the altcoin market, where numerous smaller cap coins are gaining traction as investors prepare for potential accumulation opportunities.