Maple Finance
SYRUP Price
Maple Finance Rallies 14% as TVL Nears $3 Billion and Revenue Grows
Maple Finance Price Chart (SYRUP)
Switch & Compare
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 0.9% | 0.2% | 8.7% | 20.3% | 37.8% | 38.2% |
SYRUP Converter
Maple Finance Statistics
| Market Cap | $278.022M |
|---|---|
| Market Cap / FDV | 0.94 |
| Market Cap / TVL Ratio | 0.09 |
| Outstanding Token Value | $295.986M |
| Fully Diluted Valuation | $296.459M |
| Fully Diluted Valuation / TVL Ratio | 0.1 |
| 24 Hour Trading Vol | $30.602M |
| Total Value Locked (TVL) | $2.996B |
| Perps 24h Open Interest | $57.176M |
| OI / Market Cap | 20.57% |
| Perps 8h Funding Rate | 0.0107% |
| Perps / Spot 24h Vol | 38.2× |
| Circulating Supply | 1.167B |
| Outstanding Supply | 1.243B |
| Total Supply | 1.245B |
| Max Supply | ∞ |
SYRUP Historical Price
| 24h Range | $0.2210 – $0.2548 |
|---|---|
| 7d Range | $0.1986 – $0.2548 |
| All-Time High |
$0.6532 63.5%
|
| All-Time Low |
$0.08523 179.5%
|
Recently Happened to Maple Finance
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About Maple Finance (SYRUP)
Maple Finance is an on-chain institutional lending marketplace that provides expert-led financial products for individuals and sophisticated allocators.
- The protocol connects institutional borrowers with lenders to provide fixed rate, overcollateralized yields.
- Maple Finance utilizes a permissionless product called Syrup to make its institutional-grade lending marketplace accessible to the broader decentralized finance ecosystem.
- The system emphasizes industry-standard compliance and due diligence while leveraging blockchain technology for transparency and efficiency.
What Is Maple Finance
Maple Finance is a digital asset lending platform designed to bridge the gap between institutional capital markets and decentralized technology. It enables institutional borrowers to access capital on-chain while providing lenders with high-quality, overcollateralized yield opportunities. The protocol is a significant participant in the real-world assets (RWA) sector, bringing traditional financial instruments into the digital economy. Value moves through the system as borrowers pay interest on loans, which is then distributed to lenders after protocol service fees are collected.
The SYRUP token powers the Syrup product, which acts as the gateway for permissionless access to Maple's institutional lending engine. Users can put the token to work by participating in the lending marketplace or utilizing it within integrated protocols like Balancer and Pendle. As the ecosystem grows, the protocol scales by increasing the volume of loans issued and expanding its integration with other decentralized applications.
What Makes Maple Finance Unique
- Institutional Standards: Unlike many decentralized protocols, Maple Finance incorporates industry-standard compliance and rigorous credit practices into its lending operations.
- Expert Management: The protocol is led by former bankers and credit investment professionals who apply traditional financial expertise to digital asset management.
- Syrup Integration: The Syrup product allows for a liquid, accessible version of institutional yield that is integrated with major DeFi platforms.
- Transparency: Every loan, transaction, and collateral detail is recorded on-chain, allowing for full public verifiability of the protocol's health.
What Can You Use Maple Finance for?
- Institutional Lending: Sophisticated allocators can participate in professionally managed, secured lending pools to earn institutional-grade yields.
- Permissionless Yield: Individual users can access the Syrup marketplace to earn consistent yield from fixed rate, overcollateralized loans.
- Ecosystem Integration: The SYRUP token and its associated products can be used across various DeFi platforms for liquidity provision and yield innovation strategies.
- Capital Acquisition: Institutions and companies can contact the protocol to access tailored financing solutions and on-chain capital.
How Does Maple Finance Work?
Maple Finance operates as a marketplace where credit professionals manage lending pools. Institutional borrowers undergo a due diligence process and provide collateral to secure loans. These loans are executed using smart contracts that automate the movement of funds and the enforcement of loan terms.
The yield for lenders is primarily generated from the fixed interest rates paid by these institutional borrowers, as well as supplemental activities like futures basis trading and liquidity provision. The protocol collects protocol service fees for managing the infrastructure and facilitating the connection between capital providers and borrowers. By operating on decentralized finance (DeFi) infrastructure, the protocol reduces the friction and costs associated with traditional legacy capital markets.
Team Info and Investors
Maple Finance was founded in 2019 and is led by a team of former bankers and credit investment professionals. The project has established partnerships and integrations with notable industry players such as Anchorage Digital, BitGo, and Morpho. While specific early-stage venture capital investors are not detailed in the available source material, the protocol is trusted by a wide range of institutional participants and has facilitated billions in loan volume since its inception.
Where can you buy Maple Finance?
SYRUP tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Maple Finance is Binance, where the most active trading pair SYRUP/USDT has a trading volume of $5,969,419.66 in the last 24 hours. Other popular options include Coinbase Exchange and BingX.
What is the daily trading volume of Maple Finance (SYRUP)?
The trading volume of Maple Finance (SYRUP) is $30,602,492.15 in the last 24 hours, representing a 44.80% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.
What is the highest and lowest price for Maple Finance (SYRUP)?
Maple Finance (SYRUP) reached an all-time high of $0.6532 and an all-time low of $0.08523. It’s now trading -63.50% below that peak and 179.50% above its lowest price.
What is the market cap of Maple Finance (SYRUP)?
Market capitalization of Maple Finance (SYRUP) is $278,022,193 and is ranked #161 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SYRUP tokens (1.2 Billion tokens are tradable on the market today).
What is the fully diluted valuation of Maple Finance (SYRUP)?
The fully diluted valuation (FDV) of Maple Finance (SYRUP) is $296,458,733. This is a statistical representation of the maximum market cap, assuming total number of 1.2 Billion ETH tokens are in circulation today.
How does the price performance of Maple Finance compare against its peers?
With a price increase of 8.70% in the last 7 days, Maple Finance (SYRUP) is outperforming the global cryptocurrency market which is down -2.40%, while outperforming when compared to similar Base Native cryptocurrencies which are up 0.80%.
How to add Maple Finance (SYRUP) to MetaMask?
Adding Maple Finance (SYRUP) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import SYRUP as a token. You can copy SYRUP’s contract address (0x643c4e15d7d62ad0abec4a9bd4b001aa3ef52d66) and import it manually, or if you've installed MetaMask's chrome extension, add SYRUP to MetaMask with one click on CoinGecko.
Add SYRUP to MetaMask.
Maple Finance (SYRUP) Token Holders
Maple Finance Markets
| # | Exchange | Pair | Price | Spread | +2% Depth | -2% Depth | 24h Volume | Volume % | Last Updated | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
CEX
|
$0.2400 | 0.04% | $112,428 | $99,869.39 | $2,379,537 | 6.19% |
Recently
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| 2 |
CEX
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$0.2400 | 0.08% | $83,708.09 | $92,980.17 | $5,720,788 | 14.87% |
Recently
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| 3 |
CEX
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$0.2400 | 0.01% | $78,054.33 | $79,183.74 | $275,193 | 0.72% |
Recently
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| 4 |
CEX
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$0.2400 | 0.04% | $85,692.60 | $131,685 | $1,285,601 | 3.34% |
Recently
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| 5 |
CEX
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$0.2400 | 0.04% | $111,839 | $140,234 | $661,187 | 1.72% |
Recently
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| 6 |
CEX
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$0.2400 | 0.08% | $129,694 | $184,911 | $1,512,660 | 3.93% |
Recently
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| 7 |
CEX
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$0.2400 | 0.04% | $78,375.57 | $95,979.26 | $731,124 | 1.9% |
Recently
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| 8 |
CEX
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$0.2400 | 0.04% | $202,931 | $256,138 | $550,437 | 1.43% |
Recently
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| 9 |
CEX
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$0.2400 | 0.04% | $45,571.98 | $59,326.51 | $301,384 | 0.78% |
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| 10 |
CEX
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$0.2400 | 0.13% | $20,495.97 | $30,778.23 | $450,253 | 1.17% |
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