PERP.WIKI

Euler Finance vs Valantis

Hyperliquid ecosystem comparison · Lending & Borrowing

Best for Borrowers
Different Focus AreasVerified: Valantis

Quick Take

Euler Finance Modular lending protocol with permissionless market creation on HyperEVM on Multi-Layer, while Valantis Modular DEX with LST-optimized pools — acquired StakedHYPE on HyperEVM. They serve different niches in the Hyperliquid ecosystem.

Based on public data for Euler Finance and Valantis. Key differentiators: layer deployment, fee structure, liquidity depth, and community adoption. Last reviewed: Mar 2026.

Overview

Euler Finance logo

Euler Finance

Euler Finance is a modular lending protocol built on the Ethereum Vault Connector (EVC), enabling permissionless creation of isolated lending markets with customizable risk parameters. Unlike monolithic lending protocols, Euler v2 allows any token to be listed in a vault with fine-grained control over collateral factors, interest rate models, and liquidation logic. As HyperEVM adoption grows, Euler's architecture is well-suited to support the long-tail of Hyperliquid spot tokens as borrowable and collateralizable assets. Its EVC enables complex vault interactions—like using yield-bearing positions as collateral—that unlock advanced DeFi strategies. Euler's emphasis on security, with multiple audits and a sophisticated risk framework, makes it a strong fit for protocols building sophisticated credit markets on Hyperliquid. The protocol returned stronger than ever after its v1 incident, with v2's modular design learned from that experience.

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Valantis logo

Valantis

Valantis is a modular decentralized exchange protocol deployed on HyperEVM, designed to give liquidity providers and protocol developers unprecedented flexibility in how AMMs are constructed and customized. At its core is STEX — a next-generation AMM architecture purpose-built for liquid staking token pools, solving the persistent problem of capital inefficiency and high slippage that plagues standard AMMs when handling correlated or yield-bearing assets. Valantis separates exchange logic into composable modules: sovereign pools, HOT (Hybrid Order Type) AMMs, and pluggable liquidity management strategies — allowing developers to integrate custom pricing curves, fee tiers, and rebalancing logic without forking the entire protocol stack. For liquidity providers, this means substantially better capital efficiency and reduced impermanent loss on correlated pairs. For protocols building on HyperEVM, it means a flexible DEX infrastructure layer that can be tailored to specific tokenomics and use cases. Valantis fits naturally into the Hyperliquid ecosystem by providing foundational trading infrastructure that DeFi primitives — lending markets, derivatives vaults, and yield protocols — depend on for deep, efficient, and programmable liquidity.

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Feature Comparison

FeatureEuler Finance logoEuler FinanceValantis logoValantis
LayerMulti-LayerHyperEVM
CategoryLending & BorrowingDecentralized Exchanges
StatusActiveActive
Launch Year2025
Websiteeuler.financevalantis.xyz
Twitter@ValantisLabs
GitHubNot publicNot public
VerifiedUnverified✓ Verified
Tags
DEXmodularLST-poolsSTEX

Score Comparison

Euler FinanceValantis
Open Source
Euler Finance
Not public
Valantis
Not public
Verified
Euler Finance
Unverified
Valantis
Verified
Ecosystem Breadth
Euler Finance
0 tags
Valantis
4 tags
Maturity
Euler Finance
Unknown
Valantis
Since 2025

Feature Matrix

FeatureEuler Finance logoEuler FinanceValantis logoValantis
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Layer Architecture

Euler Finance operates on Multi-Layer (spans multiple hyperliquid layers), while Valantis runs on HyperEVM (evm smart contracts on hyperliquid l1). This affects composability, transaction speed, and the types of integrations each protocol supports.

Category Focus

Euler Finance is focused on lending & borrowing, while Valantis targets decentralized exchanges. They serve different user needs within the Hyperliquid ecosystem.

When to Use Each

Choose Euler Finance if you...

  • Want a lending & borrowing solution on Multi-Layer
  • Need: Modular lending protocol with permissionless market creation on HyperEVM

Choose Valantis if you...

  • Want a decentralized exchanges solution on HyperEVM
  • Prefer a verified and vetted protocol
  • Need features like DEX and modular
  • Need: Modular DEX with LST-optimized pools — acquired StakedHYPE

Ecosystem Integration

Euler Finance logo

Euler Finance

Euler Finance operates on Multi-Layer (spans multiple hyperliquid layers). Spanning multiple layers lets it combine the strengths of each, though integration complexity is higher.

Valantis logo

Valantis

Valantis operates on HyperEVM (evm smart contracts on hyperliquid l1). As a HyperEVM protocol, it can compose with other EVM-based DeFi primitives and leverage smart contract flexibility.

Community Verdict

Which do you prefer?

Share your experience with Euler Finance or Valantis to help others in the Hyperliquid community make better decisions.

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