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Euler (EUL) is a decentralized finance (DeFi) protocol that focuses on providing users with a platform to lend, borrow, and trade various cryptocurrencies in a secure and efficient manner. By leveraging smart contracts on the blockchain, Euler aims to enhance financial accessibility and empower users to take control of their assets without the need for traditional financial intermediaries.
Magic Eden (ME) is a decentralized marketplace primarily focused on non-fungible tokens (NFTs) on various blockchain networks. It allows users to buy, sell, and trade NFTs seamlessly, providing a platform for creators and collectors to engage in the growing digital asset space.