Assets · Pool share · issued by Maple Finance
Maple syrupUSDT (syrupUSDT)New
Yield-bearing token for Maple's USDT lending pool, issued by Maple International Operations SPC for its Maple USDT Segregated Portfolio 1. Depositors lend USDT into the pool; Maple Direct lends it to crypto-native institutions against overcollateralised liquid digital asset collateral, with some capital in futures basis trades and DeFi liquidity. Not offered in the US.
Issued through Maple syrup lending pools (syrupUSDC, syrupUSDT, syrupUSDG) Live (scaled)
Classification · low confidence
- Legal form
- Pool share from issuance terms
- Underlying
- Private credit · Private credit 67%, Government debt 21%, Other 9%, Money 3% (27 Oct 2026)
- Value behaviour
- NAV · pays income
- Ledger role
- Native
Deposits of $321.57m on 27 Oct 2026 (Maple transparency page): overcollateralised lending $215.43m (67.0%), US Treasuries $68.18m (21.2%), DeFi $18.53m (5.8%), DEX liquidity pools $6.96m (2.2%), trading $3.21m (1.0%), idle cash $9.26m (2.9%). Overcollateralised loans are over half, so private credit. 'Other' is DeFi lending, DEX liquidity pool and trading positions (on-chain loans and LP positions, not held tokens); how the Treasury share is held (directly or via tokenised funds) is not stated. Issuer data only.
Sourced[6]. How assets are classified: methodology.
Contracts
Addresses as published by the issuer. Check them on the explorer before relying on them. Supply per network comes from the issuing deployment's on-chain figures.
| Network | Address | Standard | Supply here | Source |
|---|---|---|---|---|
| Ethereum | 0x356b8d…d5ba7d ↗ | ERC-20 | ~$312.31m | [1] |
| Plasma | 0xC43747…4F0771 ↗ | ERC-20 | — | [2] |
| Mantle | 0x051665…054ce0 ↗ | ERC-20 | — | [2] |
| BNB Chain | 0x8E9d4c…556c4e ↗ | BEP-20 | — | [2] |
| Ink | 0x8A76fe…3603d7 ↗ | ERC-20 | — | [2] |
Sources
- [1]Asset Integration: Ethereum Mainnet | Maple — Maple Finance. Accessed 17 Oct 2026. Lists the Ethereum mainnet token contracts for syrupUSDC, syrupUSDT and syrupUSDG..B
- [2]Asset Integration: Crosschain | Maple — Maple Finance. Accessed 17 Oct 2026. Token, pool and price-feed contracts per chain; tokens move between chains through Chainlink CCIP..B
- [3]Earning with syrupUSDC/USDT/USDG | Maple — Maple Finance. Accessed 17 Oct 2026. Pool contracts follow the ERC-4626 tokenised vault standard; lenders receive pool LP tokens..B
- [4]Powered by Maple | Maple — Maple Finance. Accessed 17 Oct 2026.B
- [5]Maple Q3 2026 Ecosystem Update: Loans grew as DeFi shrank — Maple Finance, 15 Oct 2026. Accessed 17 Oct 2026.B
- [6]Transparency | Maple Finance (deposit allocation by product) — Maple Finance, 27 Oct 2026. Accessed 27 Oct 2026. Read 27 Oct 2026 (page data timestamp about 20:09 UTC). syrupUSDT deposits $321.57m, allocated as overcollateralised lending $215.43m (67.0%), US Treasuries $68.18m (21.2%), DeFi $18.53m (5.8%), DEX liquidity pools $6.96m (2.2%), trading $3.21m (1.0%), idle cash $9.26m (2.9%). The same page gives the product's assets under management as $643.9m, a larger figure; the allocation adds up to deposits, not AUM..B