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Euler
Lending markets
Value held$186k388.3%30 days
Share of DeFi<0.1%
Tokens4
Explained49.2%
Issuers
Ondo Global Markets
Chains
Ethereum, BNB Chain
Euler EVK vaults lend against Ondo stock tokens; Ondo's card notes PYUSD borrowing against tokenized stocks, curated by Sentora (Feb 2026). The indexer finds Euler vaults for SPYon, SLVon, INTCon and OKLOon on Ethereum and three more on BNB; Euler is also named for Coinbase tokens.
- What it does
- Lending vaults: borrow (e.g. PYUSD) against stock tokens
- Tokens it uses
- Ondo stocks on Ethereum (SPYon, SLVon, INTCon, OKLOon) and BNB
- How we find it
- Factory lineage: Euler EVK GenericFactory 0x29a56a1b on Ethereum; BNB vaults by review
- Chains
- Ethereum, BNB Chain
- Addresses
- 4 of its contracts or accounts hold tokenized stocks
- Issuers' KYC stops at
- Mint and redeem (Ondo Global Markets)
- History
- Positions charted from Feb 28, 2026
Sources
- sentora.com/the-next-big-unlock-borrowing-against-tokenized-stocks
- Sumcap research (5)
Value held
By
Its positions
 SPYonSPDR S&P 500 ETF (Ondo Tokenized) | 1 | 0.2% | $95.6k51.5% | 3.3% | ||
 SLVoniShares Silver Trust (Ondo Tokenized) | 1 | 1.2% | $52.2k28.1% | n/a | ||
 INTConIntel (Ondo Tokenized) | 1 | 0.3% | $30.6k16.5% | n/a | ||
 OKLOonOklo (Ondo Tokenized) | 1 | 1.6% | $7.26k3.9% | n/a |
1 to 4 of 4 tokens
Collateral vaults
| eSLVon-1 | SLVon | $52.2k | USDT | |
| eINTCon-2 | INTCon | $30.6k | USDT | |
| eOKLOon-1 | OKLOon | $7.26k | USDT | |
| eSPYon-3 | SPYon | $93 | PYUSD |
1 to 4 of 4 vaults