Euphoria

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

Counts tokens in the treasury for tvl and staked WAGMI for staking

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

Euphoria's governance or utility token carries a market capitalisation of 8 $ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (8 $) above the protocol's on-chain TVL (0 $) — a mcap/TVL multiple of 1085.37× implies investors are paying for expected future fee flows rather than current deposits alone.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. Nov 11, 2021
   Auf DeFiLlama gelistet

Euphoria is a Reserve Currency issuance protocol — it mints stable units against collateral (crypto, RWA, or off-chain reserves) and uses redemption or rebalancing mechanisms to hold the peg. It is deployed on Harmony.

Euphoria is a single-chain protocol, deployed exclusively on Harmony — this concentrates execution risk but simplifies the trust model. Its token market cap (8 $) currently exceeds total value locked (0 $) — a mcap/TVL ratio of 1085.37 suggests the market is pricing in more growth than current deposits support.

Verified external resources for Euphoria — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Euphoria is one of 7 Reserve Currency protocols Mantapex tracks in this category. Direct peers ranked by total value locked include The Idols, Nirvana V2, Rezerve Money, and 3 more. These peer protocols collectively secure 10,2 Mio. $ in deposits, giving you a frame of reference for whether Euphoria's own TVL is at the top, middle, or tail of the category.

The Idols

TVL 6,3 Mio. $ · 24h +0.19%

Nirvana V2

TVL 2,7 Mio. $ · 24h -0.06%

Rezerve Money

TVL 728.792,5 $ · 24h +1.16%

FlareBank

TVL 325.759,2 $ · 24h -1.97%

Eggs Finance

TVL 67.371,6 $ · 24h +2.78%

BakerDAO

TVL 50.114,5 $ · 24h -2.74%