We explore the significance of physical theories set in Euclidean spacetimes. In particular, we explore the use of these theories in contemporary physics at large, and the sense in which there can be a notion of temporal evolution in these theories. Having achieved these tasks, we proceed to reflect on the lessons that one can take from such theories for Knox’s ‘inertial frame’ version of spacetime functionalism, which seems to issue incorrect verdicts in the case of theories with Euclidean metrical (...) structure. (shrink)