So @maplefinance has quietly become the largest onchain asset manager with over $3B in assets under management.
➠ Users deposit USDC/USDT
➠ Get yield bearing syrupUSDC in return
➠ Maple lends to institutional borrowers
➠ Interest flows back to depositors
They’re getting good traction👇
> Monthly revenue over $1M for three consecutive months
> Pool utilization above 90% (high demand)
> Annual recurring revenue jumped from $5M to $15M in Q1
We’re looking it from the institutional lending angle. While most DeFi focuses on retail users, @maplefinance created a bridge to TradFi through structured lending to institutions.
Tho $SYRUP benefits from this revenue growth, the real story is building sustainable yield in a market where most projects struggle to generate consistent income.
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