Euler Finance, a decentralized financial platform on Ethereum blockchain, is now live on Sonic, formerly known as Fantom.
Sonic Labs announced integration on February 17, declaring that the launch will further improve the growth of DEFI within the sound ecosystem. Euler Labs’ expansion aims to provide advanced loan capacities to the Sonic blockchain network.
This integration comes only a few days after the Defi Frax Finance protocol was put online on Sonic, offering new opportunities to users. Sonic’s price has increased in the middle of these developments, reaching summits of $ 0.60 with more than 38% of gains in the last seven days at the time of the editorial staff.
The integration of Euler with Sonic will offer features such as loop strategies, gas costs near zero and high -speed execution. By conducting online on Sonic, users can lend, borrow and make the main assets on the platform, including liquid tokens, wrapped STS, and USDC.E, a USDC Ponté token
Having rebounded from a harmful feat of $ 197 million with the launch of its Euler V2, the loan protocol is among the best winners by a total value locked in recent months.
On the market, Euler’s competitors include Aave, Morpho, Compound and Avalon Finance. Despite this, the DEFIL protocol TVL increased from $ 16 million on November 5, 2025 to more than $ 356 million.
A key engine of this growth was the introduction by the platform of the safe loan capacity with V2 and the launch of Reul, a 1: 1 token representing the locked version of the Eul, introduced in November 2024 .
According to Euler Labs, users can gain $ 100,000 in Reul incentives, with MEV Capital and RE7 as market preservatives.
