How does Euthyphro dilemma relate to relativism vs objectivism?

The Euthyphro dilemma, originating from Plato's dialogue, questions whether something is good because the gods command it or if the gods command it because it is good. This dilemma relates to relativism and objectivism by highlighting the tension between subjective moral standards (relativism) and the existence of universal moral truths (objectivism). If morality is based solely on divine command (relativism), it becomes arbitrary; if it exists independently of divine will (objectivism), then moral truths exist beyond cultural or individual beliefs. Thus, the dilemma underscores the philosophical debate over whether moral values are absolute or culturally contingent.