Objective Labs: Parameter Updates on Ethereum (2025-05-30)
| Market | Vault | Supply Cap | Borrow Cap |
|---|---|---|---|
| Euler Prime | tETH | 12K → 18K | No Change |
| Euler Yield | RLUSD | 100M | 9M → 13.5M |
- Rationale for tETH discussed in Gauntlet’s monthly risk recommendations.
- Euler Yield RLUSD has reached $40M in deposits and 100% borrow utilization after RLUSD incentives began a few days ago. Increasing the borrow cap increases the sustainability of the RLUSD vault after incentives end.