Kraken, Maple Bring Wall Street’s Credit Model Onchain
Kraken and Maple Finance launch a crypto-backed lending warehouse, porting Wall Street’s ABS model onchain, while syrupUSDC keeps yield open to any wallet.
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$4B Maple Finance Charges 70bps Vs Wall Street’s 2-and-20
Maple Finance runs $4B in on-chain credit at 70 to 90 bps all-in, undercutting Wall Street’s 2-and-20 and sending the gap to syrupUSDC lenders.
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BUIDL Loops $18.9M Through Morpho, 0.6% Of $3.1B Live
BlackRock’s BUIDL fund holds $3.1B AUM but only $18.9M cycles through Morpho, Pendle, and Aave. The DeFi loop stack that compounds tokenized Treasury yield.
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Maple Routes 25% Revenue To SYRUP Buybacks After $36M Scar
Maple Finance routes 25% of protocol revenue into SYRUP buybacks. syrupUSDC plugs DeFi wallets into institutional credit yield via Uniswap.
