According to @PeckShieldAlert, several Euler Finance curated vaults are at 100% utilization on Ethereum, as shown on app.euler.finance, signaling that all supplied liquidity is currently borrowed in those markets. Source: @PeckShieldAlert; app.euler.finance At 100% utilization, withdrawals may be unavailable until borrowers repay or new deposits arrive, and variable borrow and supply rates move to the top end of Euler’s utilization curve. Source: Euler Finance documentation For traders, this setup can temporarily boost supply APY for new liquidity providers and sharply raise funding costs for borrowers, heightening sensitivity to collateral drawdowns and potential liquidations. Source: Euler Finance documentation Monitor utilization, borrow and supply APY, and on-chain liquidation activity on the Euler dashboard to gauge market stress and possible spillovers to related assets and the EUL token. Source: app.euler.finance