Binance Alpha Lists Euler Finance (EUL): Airdrop Opportunity Sparks DeFi Buzz in October 2025

On October 10, 2025, Binance Alpha unveiled the listing of Euler Finance's EUL token, igniting excitement in the DeFi space amid the $191 billion flash crash recovery. This move allows eligible users to claim a limited airdrop of EUL, the governance and utility token powering Euler's non-custodial lending protocol on Ethereum. As a resilient DeFi lender known for risk-isolated markets and dynamic liquidation engines, Euler's integration boosts Binance's ecosystem, offering seamless borrowing and lending for assets like ETH and stables. With crypto trends leaning toward compliant platforms post-volatility, this listing enhances liquidity for EUL, potentially drawing institutional flows into yield farming and collateralized loans.

What Is Euler Finance and EUL Token?

Euler Finance is a permissionless DeFi protocol enabling users to lend and borrow crypto assets with advanced risk management, including tiered liquidation thresholds to prevent cascades like those in the recent liquidation storm. EUL serves as its governance token, allowing holders to vote on upgrades and earn protocol fees, with a deflationary supply via buybacks. Launched in 2021, Euler recovered from a $200 million hack in 2023 through community-driven fixes, now boasting $500M+ TVL. In practical terms, it's ideal for leveraged yield strategies—borrow against staked ETH for perps trading—blending security with high APYs in 2025's modular blockchain era.

• Core Features: Isolated lending pools; reactive interest rates for stability.
• Token Utility: Governance votes; fee shares up to 20% of revenue.
• Ecosystem Fit: Integrates with LSDs like WBETH for efficient yields.
• Security Edge: Post-hack audits by top firms, emphasizing wallet safeguards.

Airdrop Mechanics: Claim EUL on Binance Alpha

To snag the airdrop, users need 200+ Binance Alpha points for 5 EUL claims on a first-come, first-served basis, deducting 15 points per success—fostering quick engagement without snapshots. Announced via X, this ties into Binance's loyalty push, rewarding HODLers amid post-crash caution. No trading volumes or prices detailed, but EUL's recent 15% pump signals alpha potential, urging compliant claims to dodge scams.

• Eligibility: 200 Alpha points minimum; instant deductions.
• Claim Limit: First-served; monitor official X for portals.
• Risk Note: Adhere to regs; avoid unsolicited advice.
• Implication: Boosts EUL liquidity, eyeing 20% TVL growth.

In summary, Binance Alpha's EUL listing and airdrop revitalize DeFi lending access—claim via secure wallets, diversify yields, and track Euler upgrades. Explore protocol docs for borrowing edges in this rebounding blockchain landscape.