EulerSwap:- Cantor, Stripe, Neon are few of the names that have entered crypto lending business in just a single month of 2025.
This race aligns with the market trend that is witnessing a rebound in crypto lending market with its volume reaching as high as at $36.5 billion – up 157% from the last year.
Now, in a latest instance to this, another lending entity has made its foray into the sector. Announced on Thursday by Eular Finance, EularSwap has launched to offer the combination of lending and trading together.
It is noteworthy that while Cantor and Stripe are offering Bitcoin-backed loans, EularSwap aims to lend against more diverse crypto assets and Stablecoins including Ripple’s (RUSD)
EularSwap – New Player in the Crypto Lending Market
EulerSwap is launched on Uniswap V4 consisting of lending vaults. It implies that Euler plugs into existing DEX routing routes while extending functionality with lending-backed boosts.
As traditional AMMs grapple with fragmented liquidity and idle capital, EulerSwap fuses an automated market maker with Euler’s modular lending vaults and Uniswap V4 hooks.
Liquidity providers will be depositing assets into Euler vaults. According to its blog announcement, Interesting part is that users can simultaneously swap tokens, earn lending yield, and collateralize positions for on-demand borrowing.
EulerSwap is designed to unlock new ideas.
This extends to builders everywhere, as we’ll soon launch a $50,000 builder competition.
The repo is now open. Start prepping.https://t.co/K19Hss6JXa
— Euler Labs (@eulerfinance) May 30, 2025
Fierce Race in the Market
The sector has been witnessing an unprecedented scale of entries not only from new projects but also from leading financial institutions.
Stripe’s Patrick Mallers is trying to beat up the competition by offering Bitcoin-backed loans at “single digit interest rate.”
Cantor Fitzgerald officially launched its $2 billion Bitcoin-backed financing arm in late May, executing its first loans to FalconX and Maple Finance. It is calling Bitcoin as a means of bringing “scale, structure, and sophistication to the digital asset industry”.
The company is also making fierce Bitcoin purchases with the formation of its new treasury-focused vehicle, Twenty One Capital. Its launch was already mark by over 42,000 BTC on its balance sheet.
Thus, as the sector continues to witness claims and competitive offers, the entry of another new player is bound to make it witness more growth and significance.
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Disclaimer: The content may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
