Ask about Maple · free
Maple
Active AUM
$1.345bKey Metrics
Onchain AUM$1.586b
Change (24h)-1.35%
Active / Onchain84.8%
DeFi Active TVL$943.01m
Change (24h)-1.92%
Utilization70.1%
Largest ProtocolCCIP$446.49m
Net Flows 30d—
Net Flows 7d—
Live Assets2
Issuers1
Asset rankings
| Name | Chains | Asset Type | AUM | DeFi | Flows | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Credit Pool | $1.039b | $1.039b | -3.99% | $406.7m | 39.13% | -4.76% | $1.19 | |||
| Credit Pool | $305.29m | $546.54m | -4.09% | $536.31m | 175.67% | -4.21% | $1.02 | |||
About Maple
Maple Finance is a credit protocol connecting institutional borrowers with on-chain lenders, enabling RWA-backed loans secured by real-world collateral. It structures private credit access through DeFi infrastructure.
Entity
Legal entityMAPLE LABS PTY LTD
Founded2019
Primary chainEthereum
Entity structure
Maple Labs Pty Ltd develops the protocol and operates the interface. The syrupUSDC, syrupUSDT and syrupUSDG products are issued through Maple International Operations SPC with bankruptcy remote segregated portfolios. Governance and treasury run through the onchain MapleTreasury contract and the SYRUP token.
Registry
Maple Finance (Maple Finance Inc., Cayman Islands; operating entity in Australia). Institutional lending protocol launched 2019 by Sid Powell & Joe Flanagan. Pivoted from crypto-backed undercollateralized lending to RWA-focused after 2022 events. SYRUP governance token. Issues Cash Management Token (Maple) backed by US Treasuries via BlockTower & Cantor Fitzgerald custody.
Regulation
Maple is not a licensed asset manager and describes itself as a technology services provider. The interface is operated by Maple Labs Pty Ltd, an Australian entity. The syrup products are issued by Maple International Operations SPC, a Cayman Islands segregated portfolio company, with a MiCA whitepaper for EU distribution and US persons excluded from syrup products.
Compliance
Of 2 assets
Attested0 of 2
KYC to mint or redeemunknown
Allowlisted to holdunknown
Transferable2 of 2
Self custody2 of 2
Redeemable2 of 2
Attestation frequencyMonthly
Fees & revenue
Revenue modelInterest Spread
ConfidenceIssuer-Disclosed
Performance Fee0%
Mint Fee33 bps
Fees Last Verified2026-07-09
No published lender fee schedule. Maple monetizes management, service, and origination fees deducted from gross borrower interest, a net interest margin of 0.85 percent over the last 12 months per its transparency page, with 22.02 million dollars LTM protocol revenue funding the treasury and SYRUP staking.
Milestones
- 2026-07AUM reached 4.45 billion dollars with 22.97 billion cumulative loans originated
- 2024-11SYRUP token launched replacing MPL at 1 to 100
- 2024-06Syrup platform launched opening institutional secured lending yield to DeFi users
- 2023-04Cash Management Pool launched
- 2019founded by Powell and Flanagan