Maple Finance TVL Surpasses $1 Billion

Maple Finance, a leading on-chain asset manager, has surpassed $1 billion in assets under management (AUM), signaling growing institutional interest in on-chain capital markets.

The figure—sometimes referred to as total value locked (TVL) in the context of decentralized finance (DeFi)—represents a 57% increase over the past month, according to DeFiLlama data.

Meanwhile, Maple’s native token, SYRUP, hit a daily high of $0.134 and is currently trading at $0.132, marking a 20% gain over the past 24 hours and a 36% rise over the past week, according to CoinGecko.

Rising Demand

According to the Maple Finance team, the growth is being driven by rising demand for the platform’s lending strategies and the rapid adoption of syrupUSDC—a liquid, yield-bearing asset backed by overcollateralized institutional loans.

Partnerships with capital allocators like Bitwise, along with protocol integrations with Spark, Morpho, and others, are also driving significant inflows into Maple-managed products.

“Crossing $1B in AUM is more than a milestone—it’s a signal that institutional capital is not just experimenting on-chain anymore, it's committing,” Sid Powell, the co-founder and CEO of Maple Finance, told The Defiant.

Powell explained that Maple has spent years building infrastructure that meets the standards of allocators. “Now, those same allocators are deploying serious capital into products like syrupUSDC and BTC Yield,” he added.

DeFi TVL Drops

Maple’s growth comes as the DeFi sector has been steadily shedding billions of dollars since December 2024. Currently, DeFi TVL stands at $111 billion, down 33% from the $166 billion recorded on Dec. 16, 2024.

Experts attribute the sharp decline in DeFi TVL to weakened investor sentiment, largely influenced by macroeconomic uncertainty following President Donald Trump’s inauguration.

The depreciation of major assets like Ethereum (ETH) and Solana (SOL) has further accelerated the contraction in DeFi TVL. As the leading platforms for decentralized applications, both are widely regarded as barometers of overall DeFi activity.

Ethereum has recorded a 38% decline in TVL since the Dec 2024 cycle high, currently hovering around $62 billion. At the time of writing, ETH is trading at $1,561.

Meanwhile, Solana experienced a surge in TVL throughout January, climbing 33% from December 2024 to around $12 billion. However, its TVL has since retreated to approximately $7 billion. SOL is currently trading at $127.