# Markets

**URL:** https://forum.euler.finance/c/euler-dao/markets/40.md

[Latest](https://forum.euler.finance/latest.md) · [Categories](https://forum.euler.finance/categories.md) · [Tags](https://forum.euler.finance/tags.md)

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## [About the Markets category](https://forum.euler.finance/t/about-the-markets-category/1231)

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**Author:** [@ayana](https://forum.euler.finance/u/ayana)\
**Replies:** 0

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## [efixDI/USDC on Base — tokenized Brazilian DI fund, D+0 NAV redemption (governedPerspective whitelist)](https://forum.euler.finance/t/efixdi-usdc-on-base-tokenized-brazilian-di-fund-d-0-nav-redemption-governedperspective-whitelist/1850)

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**Author:** [@Ernesto711](https://forum.euler.finance/u/Ernesto711)\
**Replies:** 19\
**Last updated:** [August 28, 2026, 2:45pm UTC](https://forum.euler.finance/t/efixdi-usdc-on-base-tokenized-brazilian-di-fund-d-0-nav-redemption-governedperspective-whitelist/1850 "2026-08-28T14:45:41Z")

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We’re requesting governedPerspective whitelisting for our self-governed efixDI/USDC lending market on Base. The market is live on mainnet and has a full supply→collateral→borrow→repay cycle proven on-chain. efixDI is a …

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## [kUSD / USDC market on Euler (Base): a redeemability-verifiable synthetic dollar](https://forum.euler.finance/t/kusd-usdc-market-on-euler-base-a-redeemability-verifiable-synthetic-dollar/1849)

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**Author:** [@Kerne](https://forum.euler.finance/u/Kerne)\
**Replies:** 19\
**Last updated:** [August 10, 2026, 2:11am UTC](https://forum.euler.finance/t/kusd-usdc-market-on-euler-base-a-redeemability-verifiable-synthetic-dollar/1849 "2026-08-10T02:11:49Z")

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Summary We are Kerne. We are building kUSD, a delta-neutral synthetic dollar on Base, and we would like to open an isolated Euler v2 market with kUSD as collateral and USDC borrowable. We are posting here because Euler i…

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## [kUSD/USDC isolated market on Euler Base: deployed, ungoverned, and an underwriting packet for curators](https://forum.euler.finance/t/kusd-usdc-isolated-market-on-euler-base-deployed-ungoverned-and-an-underwriting-packet-for-curators/1862)

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**Author:** [@Kerne](https://forum.euler.finance/u/Kerne)\
**Replies:** 0\
**Last updated:** [August 9, 2026, 2:34am UTC](https://forum.euler.finance/t/kusd-usdc-isolated-market-on-euler-base-deployed-ungoverned-and-an-underwriting-packet-for-curators/1862 "2026-08-09T02:34:47Z")

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The isolated kUSD/USDC market on Euler Base is deployed. It is permissionless, so this is a notification and an underwriting packet, not a governance request. Nothing here needs a vote. Addresses USDC vault,…

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## [Sunsetting of DAO-Managed Market and Vaults](https://forum.euler.finance/t/sunsetting-of-dao-managed-market-and-vaults/1828)

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**Author:** [@EulerLabs](https://forum.euler.finance/u/EulerLabs)\
**Replies:** 1\
**Last updated:** [April 28, 2026, 2:19pm UTC](https://forum.euler.finance/t/sunsetting-of-dao-managed-market-and-vaults/1828 "2026-04-28T14:19:58Z")

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Sunsetting of DAO-Managed Market and Vaults Summary This proposal recommends that Euler DAO vote to sunset all directly managed markets and vaults currently operated under DAO governance. Euler Labs believes this step is…

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## [\[Mar 2026\] Non-critical Parameter Updates by Risk Stewards](https://forum.euler.finance/t/mar-2026-non-critical-parameter-updates-by-risk-stewards/1825)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 2\
**Last updated:** [April 2, 2026, 1:33am UTC](https://forum.euler.finance/t/mar-2026-non-critical-parameter-updates-by-risk-stewards/1825 "2026-04-02T01:33:56Z")

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This is the monthly continuation of CapRiskSteward updates. Previous update threads: \[April 2025\] Non-critical Parameter Updates by Risk Stewards \[May 2025\] Non-critical Parameter Updates by Risk Stewards \[Jun 2025\] N…

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## [\[Gauntlet\] Implementation of Adaptive IRM on Euler Arbitrum (03-02-2026)](https://forum.euler.finance/t/gauntlet-implementation-of-adaptive-irm-on-euler-arbitrum-03-02-2026/1824)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 0\
**Last updated:** [March 2, 2026, 2:47pm UTC](https://forum.euler.finance/t/gauntlet-implementation-of-adaptive-irm-on-euler-arbitrum-03-02-2026/1824 "2026-03-02T14:47:22Z")

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Simple Summary Gauntlet proposes implementing Adaptive Interest Rate Models (Adaptive IRMs) across Euler DAO markets, beginning with Arbitrum. These dynamic rate curves automatically adjust to market conditions, reducin…

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## [\[Gauntlet\] LLTV & Max LTV Revisions on Euler Base](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-base/1822)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 0\
**Last updated:** [February 19, 2026, 11:44pm UTC](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-base/1822 "2026-02-19T23:44:03Z")

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Simple Summary Gauntlet has conducted a review of current Loan-to-Value (LTV) parameters across Euler Base. Based on market comparisons and internal modeling, we recommend modest upward adjustments to maintain competitiv…

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## [\[Gauntlet\] LLTV & Max LTV Revisions on Euler Unichain](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-unichain/1821)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 0\
**Last updated:** [February 19, 2026, 11:40pm UTC](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-unichain/1821 "2026-02-19T23:40:51Z")

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Simple Summary Gauntlet has conducted a review of current Loan-to-Value (LTV) parameters across Euler Unichain. Based on market comparisons and internal modeling, we recommend modest upward adjustments to maintain compet…

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## [Offboard expired Pendle Token from Euler Yield (2026-02-19)](https://forum.euler.finance/t/offboard-expired-pendle-token-from-euler-yield-2026-02-19/1819)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 0\
**Last updated:** [February 19, 2026, 7:40pm UTC](https://forum.euler.finance/t/offboard-expired-pendle-token-from-euler-yield-2026-02-19/1819 "2026-02-19T19:40:05Z")

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Summary This proposal recommends offboarding the following expired Pendle PT from Euler Theo: PT-pUSDe-16OCT2025. Expired Pendle PTs stop accruing yield and become simple 1:1 wrappers of the underlying. Offboarding thes…

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## [Offboard expired Pendle Token from Euler Theo (2026-02-19)](https://forum.euler.finance/t/offboard-expired-pendle-token-from-euler-theo-2026-02-19/1818)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 0\
**Last updated:** [February 19, 2026, 7:39pm UTC](https://forum.euler.finance/t/offboard-expired-pendle-token-from-euler-theo-2026-02-19/1818 "2026-02-19T19:39:05Z")

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Summary This proposal recommends offboarding the following expired Pendle PT from Euler Theo: PT-thBILL-19FEB2026. Expired Pendle PTs stop accruing yield and become simple 1:1 wrappers of the underlying. Offboarding the…

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## [Integrate new maturity for PT-thBILL on Euler Theo](https://forum.euler.finance/t/integrate-new-maturity-for-pt-thbill-on-euler-theo/1817)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 0\
**Last updated:** [February 19, 2026, 7:36pm UTC](https://forum.euler.finance/t/integrate-new-maturity-for-pt-thbill-on-euler-theo/1817 "2026-02-19T19:36:55Z")

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Summary Gauntlet recommends onboarding PT-thBILL-18JUN2026 on Euler Theo. Cap Recommendations The existing listing has ~$4.54M supplied. There is roughly ~$14.53M in the Pendle pool for this token currently. Given this,…

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## [\[Feb 2026\] Non-critical Parameter Updates by Risk Stewards](https://forum.euler.finance/t/feb-2026-non-critical-parameter-updates-by-risk-stewards/1807)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 5\
**Last updated:** [February 19, 2026, 4:51am UTC](https://forum.euler.finance/t/feb-2026-non-critical-parameter-updates-by-risk-stewards/1807 "2026-02-19T04:51:11Z")

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This is the monthly continuation of CapRiskSteward updates. Previous update threads: \[April 2025\] Non-critical Parameter Updates by Risk Stewards \[May 2025\] Non-critical Parameter Updates by Risk Stewards \[Jun 2025\] N…

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## [\[Gauntlet\] LLTV & Max LTV Revisions on Euler Arbitrum](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-arbitrum/1815)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 0\
**Last updated:** [February 12, 2026, 11:26pm UTC](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-arbitrum/1815 "2026-02-12T23:26:23Z")

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Simple Summary Gauntlet has conducted a review of current Loan-to-Value (LTV) parameters across Euler Arbitrum. Based on market comparisons and internal modeling, we recommend modest upward adjustments to maintain compet…

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## [\[Gauntlet\] LLTV & Max LTV Revisions on Euler Arbitrum Theo](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-arbitrum-theo/1814)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 0\
**Last updated:** [February 12, 2026, 11:25pm UTC](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-arbitrum-theo/1814 "2026-02-12T23:25:32Z")

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Simple Summary Gauntlet has conducted a review of current Loan-to-Value (LTV) parameters across Euler Arbitrum Theo. Based on market comparisons and internal modeling, we recommend modest upward adjustments to maintain c…

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## [Offboard expired Pendle Token from Euler Theo](https://forum.euler.finance/t/offboard-expired-pendle-token-from-euler-theo/1811)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 0\
**Last updated:** [February 11, 2026, 9:04pm UTC](https://forum.euler.finance/t/offboard-expired-pendle-token-from-euler-theo/1811 "2026-02-11T21:04:19Z")

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Summary This proposal recommends offboarding the following expired Pendle PT from Euler Theo: PT-thBILL-27NOV2025. Expired Pendle PTs stop accruing yield and become simple 1:1 wrappers of the underlying. Offboarding the…

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## [\[Gauntlet\] LLTV & Max LTV Revisions on Euler Yield](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-yield/1810)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 0\
**Last updated:** [February 5, 2026, 3:22pm UTC](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-yield/1810 "2026-02-05T15:22:32Z")

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Simple Summary Gauntlet has conducted a review of current Loan-to-Value (LTV) parameters across Euler Yield. Based on market comparisons and internal modeling, we recommend modest upward adjustments to maintain competiti…

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## [\[Gauntlet\] LLTV & Max LTV Revisions on Euler Prime](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-prime/1809)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 0\
**Last updated:** [February 4, 2026, 4:29pm UTC](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-prime/1809 "2026-02-04T16:29:03Z")

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Simple Summary Gauntlet has conducted a review of current Loan-to-Value (LTV) parameters across Euler Prime. Based on market comparisons and internal modeling, we recommend modest upward adjustments to maintain competiti…

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## [\[Curator Onboarding Proposal\] Maxshot’s AI-Driven, Risk-Constrained Capital Allocation](https://forum.euler.finance/t/curator-onboarding-proposal-maxshot-s-ai-driven-risk-constrained-capital-allocation/1805)

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**Author:** [@Maxshot](https://forum.euler.finance/u/Maxshot)\
**Replies:** 0\
**Last updated:** [January 28, 2026, 11:03am UTC](https://forum.euler.finance/t/curator-onboarding-proposal-maxshot-s-ai-driven-risk-constrained-capital-allocation/1805 "2026-01-28T11:03:29Z")

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1. Simple Summary Maxshot AI proposes to onboard as a whitelisted curator on Euler, creating and managing Maxshot-curated Euler vaults that route capital into approved Euler markets using an AI-assisted, rules-based allo…

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## [\[Gauntlet\] Offboard Low Demand Tokens from Euler L2s](https://forum.euler.finance/t/gauntlet-offboard-low-demand-tokens-from-euler-l2s/1792)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 7\
**Last updated:** [January 27, 2026, 2:30pm UTC](https://forum.euler.finance/t/gauntlet-offboard-low-demand-tokens-from-euler-l2s/1792 "2026-01-27T14:30:52Z")

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Summary This proposal recommends offboarding the following assets from Unichain, Base, Arbitrum, and Linea across Euler due to low demand i.e. less than 100K in supply volume. Unichain: UNI, ezETH, rsETH, PT-cUSD-29JAN…

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## [Offboard expired Pendle Tokens from Euler Yield (2026-01-20)](https://forum.euler.finance/t/offboard-expired-pendle-tokens-from-euler-yield-2026-01-20/1796)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 0\
**Last updated:** [January 20, 2026, 10:11pm UTC](https://forum.euler.finance/t/offboard-expired-pendle-tokens-from-euler-yield-2026-01-20/1796 "2026-01-20T22:11:55Z")

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Summary This proposal recommends offboarding 2 expired Pendle PTs from Euler Yield: PT-srUSDe-15JAN2026 and PT-jrUSDe-15JAN2026. Expired Pendle PTs stop accruing yield and become simple 1:1 wrappers of the underlying. Of…

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## [\[Jan 2026\] Non-critical Parameter Updates by Risk Stewards](https://forum.euler.finance/t/jan-2026-non-critical-parameter-updates-by-risk-stewards/1790)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 5\
**Last updated:** [January 20, 2026, 10:09pm UTC](https://forum.euler.finance/t/jan-2026-non-critical-parameter-updates-by-risk-stewards/1790 "2026-01-20T22:09:16Z")

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This is the monthly continuation of CapRiskSteward updates. Previous update threads: \[April 2025\] Non-critical Parameter Updates by Risk Stewards \[May 2025\] Non-critical Parameter Updates by Risk Stewards \[Jun 2025\] N…

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## [\[Gauntlet\] Offboarding Low Demand Tokens from Euler Prime and Euler Yield](https://forum.euler.finance/t/gauntlet-offboarding-low-demand-tokens-from-euler-prime-and-euler-yield/1789)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 1\
**Last updated:** [January 12, 2026, 4:16pm UTC](https://forum.euler.finance/t/gauntlet-offboarding-low-demand-tokens-from-euler-prime-and-euler-yield/1789 "2026-01-12T16:16:28Z")

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Summary This proposal recommends offboarding the following 9 assets from Euler Prime due to low demand: syrupUSDC, cbETH, RLUSD, sUSDe, wM, USDS, rETH, USDe, sUSDS Similarly, we recommend offboarding 9 assets from Euler…

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## [\[Gauntlet\] Integrate new maturities for PT-jrUSDe and PT-srUSDe on Euler Yield](https://forum.euler.finance/t/gauntlet-integrate-new-maturities-for-pt-jrusde-and-pt-srusde-on-euler-yield/1788)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 0\
**Last updated:** [January 6, 2026, 11:20pm UTC](https://forum.euler.finance/t/gauntlet-integrate-new-maturities-for-pt-jrusde-and-pt-srusde-on-euler-yield/1788 "2026-01-06T23:20:14Z")

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Summary Should the community choose to onboard PT-jrUSDe-02APR2026 and PT-srUSDe-02APR2026 to Euler Yield, Gauntlet recommends the following parameters: Cap Recommendations The current maturities support ~8M and ~20M s…

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## [\[Dec 2025\] Non-critical Parameter Updates by Risk Stewards](https://forum.euler.finance/t/dec-2025-non-critical-parameter-updates-by-risk-stewards/1757)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 12\
**Last updated:** [December 24, 2025, 1:25am UTC](https://forum.euler.finance/t/dec-2025-non-critical-parameter-updates-by-risk-stewards/1757 "2025-12-24T01:25:19Z")

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This is the monthly continuation of CapRiskSteward updates. Previous update threads: \[April 2025\] Non-critical Parameter Updates by Risk Stewards \[May 2025\] Non-critical Parameter Updates by Risk Stewards \[Jun 2025\] N…

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## [\[Gauntlet\] Integrate Bridged PT-cUSD-29JAN2026 on Euler Unichain](https://forum.euler.finance/t/gauntlet-integrate-bridged-pt-cusd-29jan2026-on-euler-unichain/1783)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 0\
**Last updated:** [December 19, 2025, 10:17pm UTC](https://forum.euler.finance/t/gauntlet-integrate-bridged-pt-cusd-29jan2026-on-euler-unichain/1783 "2025-12-19T22:17:39Z")

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Summary Gauntlet recommends integrating PT-cUSD-29JAN2026 as a collateral-only asset on Euler Unichain with the following parameters. Note: PT-cUSD-29JAN2026 is already listed on Euler Yield and has demonstrated demand.…

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## [\[Gauntlet\] Offboard thBILL from Euler Arbitrum Yield](https://forum.euler.finance/t/gauntlet-offboard-thbill-from-euler-arbitrum-yield/1782)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 0\
**Last updated:** [December 19, 2025, 8:26pm UTC](https://forum.euler.finance/t/gauntlet-offboard-thbill-from-euler-arbitrum-yield/1782 "2025-12-19T20:26:23Z")

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Summary Gauntlet recommends delisting thBILL on Euler Arbitrum Yield. Demand for this vault has been weak and with the recent listing of thBILL on Euler Theo, it has become duplicative. Description thBILL on Euler Arbit…

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## [Integrate PT-cUSDO on Euler Yield Market](https://forum.euler.finance/t/integrate-pt-cusdo-on-euler-yield-market/1366)

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**Author:** [@Objective](https://forum.euler.finance/u/Objective)\
**Replies:** 5\
**Last updated:** [December 4, 2025, 5:13am UTC](https://forum.euler.finance/t/integrate-pt-cusdo-on-euler-yield-market/1366 "2025-12-04T05:13:05Z")

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Summary This proposal seeks approval to integrate PT-cUSDO-19JUN2025 as collateral on the Euler Yield market. We believe this will allow Euler DAO to strategically expand its competitive stablecoin yield offering, captur…

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## [\[Gauntlet\] Euler Arbitrum Theo Market Listing Recommendation](https://forum.euler.finance/t/gauntlet-euler-arbitrum-theo-market-listing-recommendation/1742)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 0\
**Last updated:** [November 25, 2025, 3:24am UTC](https://forum.euler.finance/t/gauntlet-euler-arbitrum-theo-market-listing-recommendation/1742 "2025-11-25T03:24:18Z")

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Summary Gauntlet recommends re-listing the Frontier Theo market as an isolated market on Arbitrum to be risk-managed by Gauntlet and Objective Labs. LTVs We recommend aligning Borrow LTVs & LLTVs with those in the exist…

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## [\[Gauntlet\] Supply Cap Revisions for syrupUSDC](https://forum.euler.finance/t/gauntlet-supply-cap-revisions-for-syrupusdc/1741)

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**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\
**Replies:** 0\
**Last updated:** [November 20, 2025, 10:03pm UTC](https://forum.euler.finance/t/gauntlet-supply-cap-revisions-for-syrupusdc/1741 "2025-11-20T22:03:14Z")

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Supply Cap Revisions for syrupUSDC Simple Summary Market Vault Supply Cap Borrow Cap Euler Prime syrupUSDC 20M→2.5M N/A Rationale Gauntlet recommends reducing the caps on syrupUSDC in light of recent concerns…

[Next page](https://forum.euler.finance/c/euler-dao/markets/40.md?page=1)
