Maple Finance Up 25% AS Platform borrowing has exceeded $ 1B in TVL

Maple Finance reached the main turning point, to a great extent due to significant growth in his yield for StableCoin.
Maple Finance (Syrup) has seen significant growth in the past month, which has reinforced the value of tokens. On Wednesday, 16 April, syrup increased 25%, reached a daily basis of $ 0.1419, before stabilization at $ 0.13.
The price catalyst was the main milestone for the platform that reached a billion dollars in the total value of locked. According to data from Dina Analytics, the TVL platform is more than doubled since January, when it floated about 450 dollars from $ 450.

This growth was largely due to the growth of its stemlecoins who carry yields, as well as its yield provided by lending lending. Significantly, the USDC syrup has moved to supply $ 123 million to its current supply of 391 million dollars.

At the same time, lending in the USDC syrup has risen sharply from January. At that time, the token was near the Syrup parity, Tether’s version of Stablecoin. Since then, the USDC syrup achieved dominance, with $ 183 million outstanding loans, compared to only $ 20 million for USDT syrup.
USDC achieves market dominance
Both of these stablecoins offer retail users a way to access the platform to make it funded by borrowing according to institutional investors. The platform focuses on institutions with famous reputations, offering them loans on hand prices.
Maple Finance’s Bitcoin Prino Product He also achieved significant growth from his launch in January. This product, allowing users to earn the yield on their Bitcoin, reached TVL of $ 75 million.
Despite the growth of TVL platform, the Protocol’s income decreased by January. The income fell from $ 409,628 in January to $ 370,860 in March 2025. years.
https://crypto.news/app/uploads/2025/02/cropped-crypto-news-Ethereum-option50.webp
2025-04-16 21:17:00