​​Euler Finance will release its token EUL together with the launch of the EulerDAO on June 23rd. According to the recent blog post EUL tokens will become transferable at around Thursday 5 PM (UTC). Euler is building an innovative DeFi lending protocol. The startup has raised in total around $40M from Paradigm, Lemniscap, Haun Ventures, Variant, FTX Ventures, Coinbase Ventures and others.