Serotonin's capital arm 5HTP holds an investment position in Maple Finance as part of its portfolio launched on 2026-01-13.

SYRUP/USD perpetual swap trading pair launched on GMX across Ethereum, Arbitrum, Base, and BNB Chain networks on January 9th, 2026.

Obex Star acquired $400 million in syrupUSDC over a six-week period ending in late December 2025.

Partnered with Bitwise and Cantor in 2025 to bridge institutional capital markets with onchain asset management products.

Paid approximately $60 million in interest to lenders.

Reached all-time high in outstanding borrows as of December 23, 2025.

Nominated for "Best In Yield" award by The Rollup, with the winner to be announced on 2025-12-30.

The token trades at a forward PE ratio of 6x with a $300MM market cap and projects $50MM+ in earnings for FY 2026 while growing earnings 200% year over year.

Total cross-chain deposits exceed $3B through Chainlink integration.

syrupUSDC is adopted as yield-bearing perpetuals collateral on Drift, offering mid-single-digit to high-single-digit APY on margin positions.

The protocol achieves $600M+ in total deposits on Aave across Ethereum and Plasma within two months of integration.

The protocol implements a 25% revenue allocation to SYRUP token buybacks following MIP-019, generating $900K+ in protocol revenue in the first 11 days of December.

The protocol generates $3.90M in fees and cashflow for the past week, ranking 8th among top DeFi protocols by this metric.

Maple Finance becomes available on Robinhood App in the United States.

The protocol records $4.1M in 30-day revenue with +300% YTD growth, ranking third among RWA projects by revenue in December 2025.

The protocol completes integration with Plasma alongside the Aave integration, expanding its partnership ecosystem.

The protocol goes live on Aave Mainnet.

Maple Finance enters the top 20 DeFi protocols by TVL at rank #14 in December 2025, up from outside the top 20 in December 2024.

syrupUSDC and syrupUSDT reach $2.2B in deposits (new ATH) with $340M+ net inflows over the past 7 days, ranking as the #5 and #6 yield-bearing dollar assets by AUM.

syrupUSDC is recovering after a dispute with Core BTCFi in November.

The protocol allocates 25% of revenue to SYRUP buybacks via MIP-019 and targets $100M in annual recurring revenue for 2026, up from current ~$25M ARR.

syrupUSDC looping strategies are available on Kamino and Morpho platforms.

syrupUSDT launches on Aave with a $50M cap that fills completely, and expands to Aave's Plasma Core Instance due to strong demand.

The protocol targets $5.5B in AUM and $30M+ in ARR by end of Q4 2025, claiming tenfold scaling throughout 2025.

A wallet, potentially Wintermute, accumulates 20.4M SYRUP tokens worth $5.59M within a month.

Fluid launches syrupUSDC vaults with Maple Finance on Base chain.

SYRUP trades at 10x revenue with 5-10x YoY revenue growth.

November monthly protocol revenue reaches $2.11M (second highest of year, $25M annualized run rate). The protocol records $159MM in new loan issuance in a single day, representing 10.2% growth, while SYRUP token jumps 16% following the November buyback announcement.

syrupUSDC goes live on Jupiter Lend powered by Fluid protocol, enabling an 8.3x multiply loop earning 11.55% APY compared to 5.9% native yield.

The protocol executes its first buyback under the new MIP-019 policy, purchasing 2M SYRUP tokens using 25% of November revenue, which at this pace removes over 2% of total supply annually.

Maple Finance ranks among top coins by LunarCrush AltRank for social momentum, engagement, and community activity.

syrupUSDT on Aave fills its $50M cap completely at 90% LTV, earning 5.2% native yield with looping strategies reaching up to 16.5% APY through AaveChan/Merkl incentives. The asset also launches on Plasma network via Aave with 13M capacity still available for deposits.

Q4 revenue reaches $4.67M as of December 3rd, already 10.6% higher than Q3's total revenue of $4.22M.

syrupUSDT goes live on Aave as a yield-bearing dollar asset earning interest from institutional borrowers, enabling new yield loops through 1-tx DFS zap functionality.

MIP-019 introduces major protocol changes: 25% of protocol revenue redirects to DAO-owned treasury for buybacks and growth, governance expands to all SYRUP and stSYRUP holders, and the protocol shifts away from emissions-driven staking. Balance sheet shows $15M in cash and liquid digital assets plus 106.2M $SYRUP held by DAO and Syrup Strategic Fund.

Loan book decreases to $1.5Bn from previously reported $1.7Bn, with borrow demand reducing in current market conditions.

syrupUSDC on Kamino surpasses $100m and raises cap again as protocol sees $150m inflows over 3 days.

Maple Finance rejects allegations from CORE regarding its BTC product.

Maple secures 4th place in the CeFi crypto lending league table for Q3 2025 and climbs to #11 on DefiLlama by TVL, continuing to gain market share despite the broader market pullback.

New Withdrawal Manager contract upgrade enables users to submit multiple withdrawal requests, increasing flexibility for liquidity management within the protocol.

Q4 2025 performance shows +836% AUM growth reaching $1.7Bn loan book with $25M ARR across >65 institutional entities and zero losses. Protocol executes $6M in buybacks since inception, directs 25% of revenue to buybacks, targets $20Bn AUM and $100M ARR for 2026, and prepares syrupUSDC listing on Aave for leveraged looping plus a securitization facility for BTC loans.

$62.4MM in syrupUSDT mints completed by 9am EST across three large transactions ($24MM, $20MM, $18.4MM), tracking toward an all-time high revenue month.

$SYRUP ranks among top crypto performers YTD with +97.11% gains, one of only three tokens with positive returns compared to major losses across other leading cryptocurrencies.

Maple Finance denies Core Foundation's allegations as misleading and commits to pursuing all legal remedies in the dispute over BTC Yield program and syrupBTC development.

$SYRUP declines 19.73% on November 21, ranking among biggest crypto losers. Maple officially rejects all Core Foundation claims, pursues legal remedies to enforce the binding hedge agreement, and confirms other products remain ring-fenced and operating without disruption.

MidasRWA launches msyrupUSDp vault on Equilibria platform, utilizing syrupUSDT strategy as underlying mechanism with Pendle yield boosting.

BTC LST product from Maple and Core impairs users' BTC holdings.

A Cayman court blocked the token launch after Core Foundation filed a lawsuit alleging Maple Finance stole trade secrets and breached a 24-month exclusivity agreement to build the project.

SyrupUSDT achieves highest CCIP volume almost daily through Chainlink's cross-chain interoperability protocol.

Core Foundation obtains injunction from Grand Court of Cayman Islands, alleging breach of 24-month exclusivity clause and misuse of confidential information to develop competing product, with subsequent judicial proceedings pending.

All margin calls issued to borrowers during recent market-wide decline were cured within minutes, with no open margin calls remaining and loan book continuing healthy performance.

Legal dispute with Core Foundation over BTC Yield pilot program with no claimed impact to broader operations. Analyst call revises 2025 ARR guidance to $30MM (from $25MM) and releases 2026 forward guidance of $100MM ARR, while protocol reaches all-time highs in revenue, TVL, and loans issued with $51.4M in deposits recorded in a single day.

Apollo Capital purchases 712k tokens while Framework, Borderless, and CMT maintain combined holdings of $13.8M despite price decline.

SyrupUSDT Plasma vault is now accepting deposits with 16% expected APY over the next 30 days, managed by Edge Capital and sourced from Aave and Fluid.

Active loans increase 15% month-to-date with October revenue crossing $2.3M, and SyrupUSDC deployment reaches $610M via Spark and $15M via Pendle.

Q4 Ecosystem Call on November 19 will reveal roadmap, and protocol metrics show distributed asset value at $1.94B (+20.31% monthly), monthly transfer volume at $3.29B (+86.89%), and active addresses at 1,120 (+18.14%).

SYRUP token trades up +20% showing relative strength despite broader altcoin weakness, with price approaching key resistance at $0.53-0.54 region that previously rejected price twice.

Protocol executes token buybacks using revenue, and investor tokens are fully unlocked with no remaining unlock overhang.

SYRUP listed on Bitstamp by Robinhood for US trading. Maple's assets on Fluid generate $500M in inflows and syrupUSDT cap on Aave's Plasma instance increases to $300M, filling in minutes.

Deposits increase 729% to $1.8B year-to-date, with SyrupUSDT growing 26x to $643.7M.

Shows positive momentum month-over-month while most other protocols experience negative fundamental shifts.

$syrupUSDC and $syrupUSDT both reach Top 100 tokens by market cap on CoinGecko, and a team representative spoke at SmartCon conference.

Platform reaches $5B+ AUM with $2.16M monthly revenue all-time high (~$26M annualized). syrupUSD stablecoin will be available as collateral on Aave.

Winners selected for $500K USDC incentive campaign that helped scale the platform.

Featured in the top 12 TVL rankings in The Daily Degen HQ newsletter.

MIP-019 proposes ending staking rewards and redirecting 25% of protocol revenue into a DAO-owned treasury that compounds into SYRUP, BTC, and stables, with buybacks executed through the Syrup Strategic Fund (tokens held, not sold) and governance expanding to all SYRUP and stSYRUP holders.

25% of protocol revenue goes to SYRUP token buybacks and staker rewards.

Team member presents at Chainlink's SmartCon conference, outlining onchain asset management approach and sharing 2026 strategic plans.

Active loans increase over the past 30 days while the rest of the lending market sector declines, marking outperformance against competitors.

Q3 performance shows AUM reaches $4.19B (+66% QoQ), Active Loans at $1.75B (+45% QoQ), and quarterly revenue hits $4M (+41.5% QoQ, representing $30M annual run rate), with year-to-date AUM up 10x and revenue up 425%.

Q4 Ecosystem Call scheduled for November 12th.

Token delivers +200% year-to-date returns, ranking first among buyback tokens ahead of $HYPE (+67%), $PUMP (+3%), $AAVE (-35%), and $JUP (-58%).

Smart Money holdings in $SYRUP grow +0.95% to 49.1M with new institutional entrant Apollo Capital adding 712K tokens in 7 days, while Framework Ventures, Borderless, and CMT Digital maintain steady positions with zero selling from major funds.

$SYRUP attracts +$168K in Smart Money inflows over the past week, ranking #2 among top tokens for smart money attention.

Maple gains market share among lending protocols since October 10th due to USDe-related borrows unwinding from Aave, and onboards SyrupUSDT on Aave.

Maple Finance allocates 25% of revenue for $SYRUP buybacks and $stSYRUP rewards distribution.

Maple Finance enters Top 12 DeFi Protocols by TVL ranking after achieving 10x growth in TVL/AUM over the past year.

After 2 months of Arbitrum's DRIP incentives, syrupUSDC lenders and USDC borrowers benefit while USR records zero borrowing despite receiving ARB incentives.

Technical analysis warns $SYRUP faces downside risk with bearish chart patterns, noting price must trend above 50 or risk further decline, and deviation above 99smma presents danger for additional downside.

Ecosystem call scheduled for November 12 at 11 AM ET to share latest milestones, unveil Q4 releases, and discuss 2026 plans.

Syrup is listed among winners in capital flows to RWA looping infrastructure including T-bills and tokenized funds. A 30-day transparency initiative is underway (Day 3) featuring a transparency dashboard with detailed exposure data.

SYRUP exhibits strength amid recent market sell-off.

Maple experiences the smallest loan outflows across all lending protocols during two major volatility shocks last month, demonstrating resilience alongside Morpho.

Grayscale lists the project among cryptos under ETF consideration. TVL reaches $5.1B with 8.4% growth over the last 30 days.

A large fund exits DeFi positions including SYRUP over recent days, causing downward price action and lack of rebound across multiple DeFi protocols.

syrupUSDT and syrupUSDC rank #2 and #6 respectively for 90-day supply growth among yield-bearing stablecoins.

Maple holds the #12 spot by TVL among all DeFi protocols as of November 4th, 2025, and gains recognition as a new blue-chip project in the DeFi space.

TVL stands at $4.9B with $SYRUP up 5%, ranking as a top performer among lending protocols.

Assets on Fluid protocol surpass $500M across all chains through the Maple Finance integration.

Partnership between Aave and Maple Finance goes live on Plasma network.

PT syrupUSDT and syrupUSDT offer yields of up to 49.62% and 41.87% respectively on Plasma blockchain via Gearbox Protocol Leverage Farming.

syrupUSDC goes live on Gearbox Protocol on Plasma network, enabling leveraged yield looping functionality.

The world's largest asset manager publicly advocates for tokenization roadmap on a daily basis.

Maple Finance expands to Solana blockchain as announced by CEO in podcast discussion on "Solana Is Global."

SyrupUSDC ranks among top performing assets on Arbitrum lending markets through DRIP initiative distributed by Merkl and funded by Arbitrum DAO.

SyrupUSDC launches in new Morpho Labs market paired with USDC on Ethereum mainnet via DFS platform with 1-transaction looping available.