Credit · SYRUP
Maple Finance runs onchain lending pools to vetted borrowers (institutions, funds and businesses), closer to a blockchain-based credit marketplace than open overcollateralized DeFi lending.
Onchain institutional / private credit.
SYRUP price
$0.1511
-1.3% 24h
Latest data · 15 min delay
Curated asset listings joined to their typed risks, with oracles and parameters.
Data collected Sunday, July 26, 2026. All values below were read from pages fetched in this research session and are linked at the value.
Share of curated asset listings by chain (count, not value).
| Asset | Role | Maturity | Implied APY | Oracle | ||
|---|---|---|---|---|---|---|
BTC Held in qualified custody, not on-chain | Loan collateral | Per loan | — | Three separate price feed sources, 24/7 monitoring, 24 hour margin call window | MTCG | |
ETH Qualified custody | Loan collateral | Per loan | — | Three separate price feed sources | MTCG | |
SOL Qualified custody | Loan collateral | Per loan | — | Three separate price feed sources | MTCG | |
BNB Qualified custody | Loan collateral | Per loan | — | Three separate price feed sources | MTCG | |
XRP Qualified custody | Loan collateral | Per loan | — | Three separate price feed sources | MTCG | |
FIL Qualified custody | Loan collateral | Per loan | — | Three separate price feed sources | MTCG | |
ADA Qualified custody | Loan collateral | Per loan | — | Three separate price feed sources | MTCG | |
AVAX Qualified custody | Loan collateral | Per loan | — | Three separate price feed sources | MTCG |
Full narratives on the Risks tab.
Risk-linked assets with no row in this entity's asset table: BTC collateral, BTC collateral posted against syrupUSDC, HYPE (1.05%), Maple cash management pool, USDC, USTB, XRP collateral marks, all Maple pool contracts, syrupUSDC on non Ethereum chains, syrupUSDT loans, weETH (1.06%). These are real dependencies that sit outside the curated top 20, so render them as text in the risk drill down rather than as a clickable asset row.
| Asset | Role | Maturity | Implied APY | Oracle | ||
|---|---|---|---|---|---|---|
syrupUSDC Ethereum, plus Solana, Arbitrum, Base, Ink, Monad, Tempo via Chainlink CCIP | Pool asset (ERC-4626 style receipt token) | Open ended, no fixed maturity; withdrawals via FIFO queue, normally instant, maximum 30 days | 4.727% latest weekly pool APY from the protocol API (`syrupGlobals.apyTimeSeries`), versus a 3.52% USD benchmark | Pyth feed syrupUSDC/USDC id `0x2ad31d1c4a85fbf2156ce57fab4104124c5ef76a6386375ecfc8da1ed5ce1486`; Chainlink feeds per chain | MTCG Reg | |
syrupUSDT Ethereum, plus Plasma, Mantle, BNB, Ink via Chainlink CCIP | Pool asset | Open ended, FIFO withdrawal queue | n.a. (per-token APY not published on the pages fetched) | Pyth feed syrupUSDT/USDT id `0x7e10170c23d7df62d301b2ade26854200ee584f3f3b84cb2e5195adf35c5b97f`; Chainlink syrupUSDT/USDT on Plasma `0x89a0e204591Fce2611e89CA7634c12B400d347fe` | MTCG Reg | |
syrupUSDGFlagged Ethereum | Pool asset | Open ended, FIFO withdrawal queue | — | n.a. (no Pyth or Chainlink feed listed for syrupUSDG on the integration page fetched) | MTCG | |
USDC (Maple Institutional, Blue Chip Secured) Ethereum | Underlying / loan asset | Open ended pool; withdrawals FIFO, average under 24 hours | n.a. (APY determined by loan terms, not published as a target on the docs page fetched) | Three separate price feed sources used for 24/7 collateral monitoring | MTCG | |
USDC (Maple Institutional, High Yield Secured) Ethereum | Underlying / loan asset | 30 day liquidity per the fact sheet | Target net APY 15% plus 3% MPL rewards per the fact sheet | Three separate price feed sources; 24 hour margin call cure window | MTCG | |
SOL (SOL Secured Lending) n.a. (chain not stated on the fact sheet) | Underlying / loan asset | Withdrawals serviced end of next month | Target net APY 10% plus 1.5% MPL rewards | Three separate price feed sources | MTCG | |
USDC (Cash Management pool) Ethereum | Underlying / loan asset | Weighted average maturity capped at 30 days; daily liquidity, request 24 hours ahead and no later than 13:59 ET | Targets net APY of SOFR less fees and expenses | n.a. (no market price oracle; NAV based) | MTCG | |
BTC Held in qualified custody, not on-chain | Loan collateral | Per loan | — | Three separate price feed sources, 24/7 monitoring, 24 hour margin call window | MTCG |
Full narratives on the Risks tab.
Risk-linked assets with no row in this entity's asset table: BTC collateral, BTC collateral posted against syrupUSDC, HYPE (1.05%), Maple cash management pool, USDC, USTB, XRP collateral marks, all Maple pool contracts, syrupUSDC on non Ethereum chains, syrupUSDT loans, weETH (1.06%). These are real dependencies that sit outside the curated top 20, so render them as text in the risk drill down rather than as a clickable asset row.
Pyth
Pull-based price feed; Pyth contract on Ethereum `0x4305FB66699C3B2702D4d05CF36551390A4c69C6`
Chainlink
Push price feeds on the destination chains; Chainlink CCIP also used for bridging the tokens
ERC-4626 style on-chain conversion
`convertToAssets` and `convertToExitAssets` read directly from the token contract; Maple's recommended pricing method
Three undisclosed price feed sources (internal risk stack)
24/7 monitoring feeds used to trigger margin calls, not on-chain liquidation
CoinGecko and CoinMarketCap
DEX-derived market price, listed by Maple as option 3 and explicitly not recommended
Backed by Secured Loan Segregated Portfolio 1; protocol-wide syrup collateral ratio 147.1%
Backed by Maple USDT Segregated Portfolio 1
Backed by Maple USDG Segregated Portfolio 1
Eligible collateral restricted to BTC and ETH only, held in qualified custody
Eligible collateral BTC, ETH, SOL, BNB, XRP, FIL, ADA, AVAX; target collateralization 150% to 500%; custodians Anchorage, BitGo, Coinbase
Eligible collateral BTC, ETH, USDC; target collateralization 100% to 150%
Sole borrower is the Room40 SPV; investments restricted to T-bills and fully collateralized reverse repo
Accepted by Blue Chip Secured and High Yield Secured; High Yield target collateralization 150% to 500%
Accepted by Blue Chip Secured and High Yield Secured
Eligible collateral for High Yield Secured only; target collateralization 150% to 500%
High Yield Secured only, 150% to 500% target collateralization
High Yield Secured only, 150% to 500% target collateralization
High Yield Secured only, 150% to 500% target collateralization
High Yield Secured only, 150% to 500% target collateralization
High Yield Secured only, 150% to 500% target collateralization
Accepted against SOL loans, target collateralization 100% to 150%
A default reduces pool value by outstanding principal plus accrued interest and triggers collateral sale; impairment is a partial writedown ahead of default
The published fact sheet still quotes MPL rewards (3% for High Yield, 1.5% for SOL Secured), which predate the MPL to SYRUP token conversion, so the headline "15% plus 3%" and "10% plus 1.5%" figures should not be treated as current
These sit in the High Yield Secured eligible collateral list, which is explicitly the wider and riskier basket versus Blue Chip Secured's BTC and ETH only policy; liquidation is executed OTC or on CEX rather than atomically
Withdrawals run through a FIFO queue that is normally instant but can take up to 30 days, so the tokens are not unconditionally redeemable on demand
No Pyth or Chainlink feed is listed for syrupUSDG on the asset integration page, unlike syrupUSDC and syrupUSDT
SYRUP governance + Maple pool delegates / managers.
SYRUP governance + Maple pool delegates / managers.
EVM deployments plus Solana exposure; treat as cross-ecosystem (Support - Eco).
Audit / exploit history
Audited; has experienced and worked out borrower defaults historically.
Curated list ranked by size and strategic importance; not the exhaustive on-chain asset universe. Data as of 2026-07-26.
