According to TechFlow, on May 28th, The Block reported that Ethereum DeFi protocol Euler announced plans to launch a decentralized exchange named EulerSwap, which combines automated market making with lending functions. EulerSwap supports Uniswap v4's hook architecture, enabling liquidity providers to earn lending yields, collateralize assets, and deploy trading strategies within a single system.
EulerSwap directly channels LP deposits into Euler's lending vault, allowing funds to be simultaneously used for trade support, yield generation, and loan collateralization.