Maple Finance hits all-time high with $2B in active loans and $5B in assets under management

Maple Finance, the institutional-grade onchain lending protocol, has crossed two milestones simultaneously: $5B in assets under management and more than $2B in active loans. Both figures represent all-time highs for a protocol that has been steadily carving out its niche at the intersection of DeFi credit markets and traditional finance.

Robinhood’s credit backbone

Maple recently launched syrupUSDG on both the Robinhood Chain and Ethereum, enabling participation in Robinhood’s new Earn product. The asset uses USDG, a stablecoin issued by Paxos, as collateral.

Steakhouse Financial sanctioned syrupUSDG for use in Robinhood’s Earn vaults, placing Maple alongside other DeFi protocols like Spark and Ethena in the product’s backend infrastructure.

The numbers behind the growth