Euler to Launch EulerSwap on Unichain With Support From Uniswap Foundation on July 9th

Euler Labs has announced that EulerSwap, a new decentralized exchange (DEX), is supported by the Uniswap Foundation. The platform will integrate lending, swapping, and leverage into a single protocol with full compatibility for Uniswap v4 hooks. The launch is planned on the Unichain network, aiming to push the next wave of DeFi innovation through advanced modular functionality.EUL InfoEuler operates as a non-custodial, permissionless lending protocol on Ethereum, allowing users to accrue interest on their cryptocurrency assets or mitigate potential market volatility, all without the necessity for a trusted intermediary.The protocol introduces a set of unprecedented features in the DeFi sector, including permissionless lending markets, dynamic interest rates, safeguarded collateral, MEV-resistant liquidations, and stability pools with multi-collateral capabilities among other advancements.