Euler's AMM sources liquidity just in time from its lending vaults, so it holds no TVL of its own and volume is the only measure of it. This page is short because the data is: the venue traded hard for five months, then went quiet.
Volume 24h$20Kacross all listed chains
Volume 30d$190Ktrailing
Peak month$1.1BSep 25
Share of peak0.011%last full month vs peak month
Volume all time$4.3Bsince June 2025
Fees all time$350Kswap fees paid
What happened
Swap volume by monthDaily volume from DefiLlama's EulerSwap adapter, summed into calendar months. The in-progress month is kept rather than dropped: on a venue this quiet, hiding it would obscure the current state instead of tidying the chart.
USD
Every calendar month since launch · all chains · through Sep 2026
Source: DefiLlama@datumlabss
Sep 25 did $1.1B. Sep 26 has done $94K. DefiLlama still reports the adapter as live on 4 chains, so this reads as the venue going quiet rather than an indexing break, though that cannot be ruled out from the public feed alone.
Cumulative volume since launchRunning total of daily volume. The curve is the clearest single view of the venue's life: a steep climb through late 2025 and a flat line ever since. The all-time figure is real and worth stating; so is the fact that almost none of it is recent.
USD
Every dollar ever swapped on EulerSwap · June 2025 onward
Source: DefiLlama@datumlabss
$4.3B traded in total, and the line has been effectively flat since November 2025.
Volume by chainDaily volume split by chain. Only chains that ever traded are drawn. Chains the adapter lists but that never recorded a swap are named in the footnote rather than given an invisible band.
USD
Chains that recorded any volume at all · weekly, monthly or quarterly
Source: DefiLlama@datumlabss
Ethereum carried nearly all of it, with Unichain contributing during August and September 2025. BSC and Monad are listed by the adapter but have never recorded volume.
What it earned
Swap fees by monthSwap fees per calendar month. Shown as fees rather than as a fee rate on purpose: in the quiet months the ratio of a few thousand dollars of fees to a few million of volume swings wildly and would read as a repricing when it is noise.
USD
Fees paid by swappers · all chains · through Sep 2026
Source: DefiLlama@datumlabss
$350K in fees on $4.3B of volume. At the Sep 25 peak the effective take was 0.008% of volume, which is stableswap-thin and consistent with what the venue was trading.