London-based Euler is a DeFi lending protocol with reactive interest rates to address the long-tail of the crypto market. Recently, the company has raised $8 million (nearly £5.8 million) in a Series A funding round.

Founded by Michael Bentley, Jack Prior and Doug Hoyte, Euler provides a capital-efficient permissionless lending protocol that helps users to earn interest on their crypto assets or hedge against volatile markets without the need for a trusted third-party. London-based Euler is a DeFi lending protocol with reactive interest rates to address the long-tail of the crypto market.

London-Based Euler Grabs $8M Series A Funding To Launch Its Product

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