Syrup Finance
Institutional-grade yield through syrupUSDC
Maple Finance's syrupUSDC offers high-yield opportunities through innovative DeFi integrations. With $3B AUM and 300% growth in 3 months, syrupUSDC combines real-world yield with on-chain leverage through partnerships with Pendle, Morpho, and Spark.
Current Yields
10-22% APYon USDC
As of Sep 1, 2025 - Check Maple Finance for latest rates
Key Features
✓$428M deployed in Spark Liquidity Layer
✓Integration with Pendle for yield tokenization
✓Morpho leverage up to 86% LTV
✓Stable borrowing rates through Spark integration
✓Professional treasury management
✓Pending Aave collateral listing
How It Works
1Deposit USDC to receive syrupUSDC tokens
2syrupUSDC generates base yield through institutional lending
3Advanced strategy: Split syrupUSDC into PT+YT on Pendle (12% APY)
4Collateralize PT on Morpho to borrow USDC (7% cost, 86% LTV)
5Repeat up to 9 cycles to achieve 3x leverage
6Final APY = (12% × 3x) - (7% × 2x) = 22%
Safeguards for Depositors
🛡️Institutional-grade underwriting and due diligence
🛡️Professional risk management framework
🛡️Diversified lending portfolio
🛡️Real-world asset backing
🛡️Transparent on-chain reporting
Risk Considerations
•Smart contract risk across multiple protocols
•Leverage amplifies both gains and losses
•Liquidation risk when using Morpho leverage
•Dependency on institutional borrower performance
•Complexity risk from multi-protocol strategies
📊 Rates as of September 1, 2025: APYs change frequently based on market conditions. Visit Maple Finance for current rates and to start earning.
Yield Amplification Strategy
Click to enlarge
Visual breakdown of the 22% APY strategy using Pendle PT/YT split and Morpho leverage