Michael Bentley

Chief Executive Officer
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Michael Bentley is the Co-Founder and CEO of Euler Labs, the team behind the Euler Finance multi-chain lending protocol, a position he has held since founding the company in 2020. In January 2025, Bentley announced his intention to step down from the CEO role and move into an advisory and product-focused position, with Jonathan Han, previously senior vice president of business development and partnerships at The Tie, appointed as his successor. During his tenure, Bentley co-led the rebuild of Euler Finance following a March 2023 flash loan exploit that resulted in approximately $200 million in losses, growing the protocol to over $4 billion in total deposits within a year of its relaunch. Ahead of his departure, Bentley acknowledged that the fully permissionless model he and co-founder Doug Hoyte originally pursued in 2020 did not achieve strong product-market fit, and identified serving fintech and institutional participants through bespoke credit markets as the protocol's next strategic direction.

Prior to founding Euler Labs, Bentley held postdoctoral research positions at the University of Oxford, where his work focused on dynamical systems and evolutionary game theory, at UCL, where he researched evolutionary theory, bioinformatics, and machine learning, and at the University of Leeds, where his research covered cancer evolution, bioinformatics, and machine learning. He also worked as a Pricing Analyst at Royal Bank of Scotland Business. Bentley holds a PhD in Mathematical Biology from the University of Oxford, a Master's degree in Computational Biology from the University of Leeds, and a Bachelor of Science in Biology from Newcastle University.

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14
Oct

Banks and Protocols: The new credit architecture

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