01 /
Brief
~$2.5B+ private credit protocol. SyrupUSDC (~$1.8B) is the flagship product. Per CoinGecko Q1 2026 RWA report, Maple holds 93.1% of the tokenized private credit market. Institutional lending with real underwriting.
02 /
Snapshot
Key terms and identifiers.
- Asset classes
- Private credit
- Token standards
- erc-20
- Regulatory
- singapore-mas
- Jurisdiction
- APAC
- Analytics
- defillama.com/protocol/maple
03 /
Milestones
How this player got here.
- 2026Q4 2025 ARR hit $30M; targeting $100M by end of 2026, with SYRUP buyback model
- Dec 2025AUM grew from $516M to $4.59B (767% increase); originated $11.27B in loans
- Jan 2025Crossed $500M AUM
- 2025Binance and OKX integrations broadened institutional distribution
- Jun 2024Syrup (retail product) launched
04 /
Connections
Who they build with, build on, integrate with.
Flow
Capital, products, and distribution moving outward.
Dependency
Where this player builds on, integrates, or relies on others.











