Maple Finance

Credit · SYRUP

NetworkCreditRWA5 coinsVerified

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.

Protocol TVL

$2.26B

+14.8% 24h

Latest data · 15 min delay

Asset coverage

Collateral, oracles, risk parameters, and deployment facts.

Asset coverage & risk

Collateral assets

BTCETHTokenized T-billsUndercollateralized (vetted)

Loan assets

USDCUSDT

Stablecoin exposure

USDCUSDT

Stablecoin exposure (% TVL)

95% of TVL in stables (curated estimate).

Oracles

Off-chain underwriting + Chainlink for onchain collateral

Risk parameters

Borrower quality, repayment history, collateral ratio, defaults, pool managers and loan terms — credit-market metrics, not pure overcollateralization.

Liquidations

Workout/recovery process on default rather than instant onchain liquidation.

Liquidations (30d)

Workout/recovery on default rather than instant onchain liquidation.

Bad debt

Most important metric here — tracked via defaults and loan-loss history per pool.

Governance activity

SYRUP governance + Maple pool delegates / managers.

Governance notes

SYRUP governance + Maple pool delegates / managers.

Audit / exploit history

Audited; has experienced and worked out borrower defaults historically.

Chains · EVM: mixed

EthereumSolanaBaseArbitrum

Deployment notes

EVM deployments plus Solana exposure — treat as cross-ecosystem (Support - Eco).

Member coins & supported assets

SyrupSYRUP

Governance / staking token (ex-MPL)

Token

SYRUP (OFT)SYRUP

OFT bridge token on Base

Token

stSYRUPstSYRUP

Staked SYRUP receipt

Token

syrupUSDC poolsyrupUSDC

USDC lending pool token

Token

syrupUSDT poolsyrupUSDT

USDT lending pool token

Token
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