Euler is a non-custodial protocol on Ethereum that allows users to lend and borrow almost any crypto asset.
It is a permissionless lending protocol custom-built to help users lend and borrow more Ethereum-based tokens than ever before. The purpose of this white paper is to describe how Euler works at a high level and highlight new features and innovations that help to set it apart from other popular lending protocols, like Compound and Aave.
