1 天前
Based on the P/F of top lending protocols → @eulerfinance is one of the juicy protocols that should be considered. Among the top lending protocols in DeFi such as Aave, Compound, Morpho, and Maple → Euler is currently showing the strongest capital efficiency based on its P/F ratio ➢ P/F = Market Cap / Annualized Fees A lower P/F suggests that a protocol is generating more fees relative to its market cap, meaning it could be undervalued compared to others. ➥ Euler has a P/F of just 1.0, meaning its annual fee revenue nearly matches its entire market cap. This is the lowest P/F among all major lending protocols, suggesting that Euler is possibly the most undervalued compared to the revenue it generates. Euler brings in $134M in annualized fees with a market cap of $138M, making it one of the most revenue-efficient protocols on the list. Euler is the bankification of DeFi
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