A Tale of Market Share Theft
The following is a trade that backs innovation and is short complacency, outlining our thesis to bet on Euler’s $EUL outperforming a slow-moving incumbent like Compound’s $COMP. This idea seeks to capitalize on Compound’s structural decline while riding Euler’s upcoming growth catalysts. The former, once a DeFi lending pioneer, has stagnated due to governance failures, lack of innovation, and market share losses, while Euler’s revival is coming along with strong funda...