Maple Finance has continued to show incredible growth across 2025 commanding $4.18Bn in TVL with a $1.65Bn outstanding loan book.
Now consistently earning >$1.3M in revenue per month annualising $15.6M. Much of this growth has been dominated by the rise of syrupUSDC but in light of Plasma's mainnet launch and day 1 partnership syrupUSDT looks to have incredible growth tailwinds.
The $200M cap was filled in less than one minute and I expect this to scale significantly over Q4 2025. Plus the prospect of leveraged looping which drove significant USDe growth remains a strong growth tailwind for one of the highest yield bearing stablecoins in DeFi.
$SYRUP
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