Maple Finance is a decentralized finance platform specializing in on-chain asset management and institutional lending, offering stablecoin products like syrupUSDC.
| Product | Backing | Status | Market cap |
|---|---|---|---|
| SYRUPUSDCsyrupUSDC | Crypto Backed | Active | $973M |
| SYRUPUSDTsyrupUSDT | Crypto Backed | Active | $393M |
| Legal name | Maple Finance |
| Founded | 2019 |
| Stage | Private |
| Ticker | SYRUP |
| CEO | Sidney Powell |
| Founders | Sidney Powell, Joe Flanagan |
| Funding rounds | Round Seed · Amount $1M · Year 2021 · Investors: Framework Ventures, Polychain CapitalRound Strategic · Amount $5M · Year 2023 · Investors: BlockTower Capital, Tioga Capital, Room40 Ventures, Cherry Crypto, Spartan Capital, GSR Ventures, Veris Ventures, Maven 11, Framework Ventures |
| Key events | Date 2021-01 · Event Maple Finance protocol launched on Ethereum mainnet. unverified |
| Website | https://maple.finance unverified |
Maple Finance is a decentralized finance (DeFi) platform founded in 2019, with its protocol launching on Ethereum mainnet in 2021. It focuses on on-chain asset management and institutional lending and is known for its stablecoin products such as syrupUSDC and syrupUSDT.