Maple Finance

Maple Finance operates an onchain asset management and lending platform that connects capital providers with institutional borrowers. Its products include a yield product offering up to 5.0% APY generated from overcollateralized loans and packaged as a single liquid asset available to non-US global investors, and Maple Institutional Secured Lending, a permissioned, professionally managed secured lending pool for sophisticated allocators quoted at 5.1% APY with $792M in pool AUM and a 150.1% collateralization ratio. On the borrower side, Maple arranges tailored financing for institutions, advertising funding within 24 hours.

The company positions itself around transparency (loans, collateral and transactions verifiable onchain), risk management combining financial services experience with systems controls, and global client support. Maple describes yield as primarily generated from fixed-rate, overcollateralized loans to institutional borrowers, supported by DeFi liquidity provision and futures basis trading, with short-duration loans intended to provide consistent yield and short-term liquidity. The SYRUP token is listed on public markets and tagged under real-world assets, DeFi and the Ethereum ecosystem.

Founding story

Maple was founded in 2019 by Sidney Powell and Joe Flanagan on the view that capital markets could be more transparent, efficient and accessible and that lending could move beyond legacy infrastructure and closed systems. Powell came from debt capital markets and institutional banking, having participated in over $3B of corporate bond issuance, established and run a $200M+ bond funding program, and managed treasury at a commercial lending fintech; the pair built Maple to bring debt capital markets onchain. The company says it launched during a period of institutional skepticism, market volatility and regulatory uncertainty.

Business model

Maple runs lending pools and yield strategies in which lenders supply capital that is deployed as overcollateralized, fixed-rate loans to institutional borrowers, alongside DeFi liquidity provision and futures basis trading; borrowers receive tailored institutional financing arranged onchain. Products span a permissionless-access yield asset for non-US global investors and permissioned institutional secured lending pools with delegated/professional management.

Traction

Maple reports $4.82B in assets under management and $24.76B in cumulative amount borrowed, with 100+ total borrowers and 400+ total loans issued; its institutional secured lending pool holds $792M in AUM. As of August 2023, pools launched in May 2021 had facilitated over $2 billion in loan originations and served 1,500 lenders, 87 borrowers and 8 pool delegates across 15 pools on Ethereum and Solana. The SYRUP token had roughly 23,060 holders and $9.6M of 24-hour trading volume.

Latest developments

Maple brought its onchain credit engine to Robinhood Chain with syrupUSDG, live on both Ethereum and Robinhood Chain. The company continues to publish regular investor-facing updates, including its Maple Memo series through August 2026.