Finance

Maple Finance Overtakes BlackRock in On‑Chain Asset Management

2 weeks ago
Bitcoin Ethereum News

With $2.9B AUM, Maple Leads the DeFi Charge as Institutions Swarm to On‑Chain Credit.

Maple Finance just made history. In Q2, the DeFi credit protocol surged to $2.9 billion in assets under management (AUM)—leapfrogging BlackRock’s tokenized BUIDL fund, which peaked at $2.3 billion. This is more than a leaderboard shuffle. It marks a shift in power. On‑chain finance is no longer niche. It’s competing with Wall Street—and winning.

Institutional demand for credit protocols is rising fast. Investors are chasing transparency, faster settlements, and better yields. Maple is delivering on all three. It processed record loan volumes in June and saw a spike in institutional borrowers throughout July. And it’s doing all this without slowing down.

BlackRock’s BUIDL fund made waves by tokenizing traditional strategies. It helped bridge the gap between legacy finance and crypto. But Maple didn’t just catch up—it pulled ahead. The $600 million gap now in Maple’s favor sends a clear message: DeFi has momentum, and it’s accelerating.

SYRUP Token Gains Traction

Maple’s native token, SYRUP, is rallying alongside the protocol’s growth. As of now, SYRUP trades at $0.554, with a market cap of $660.6 million and 24-hour volume of $880.4 million—up 8.4% in just the past day, according to CoinMarketCap. These numbers reflect growing investor confidence in revenue-generating DeFi protocols with real utility and governance power.

This week, that momentum gained another boost: Upbit, South Korea’s largest crypto exchange, announced it will list SYRUP. Trading pairs will include KRW, BTC, and USDT, opening access to millions of retail and institutional users across Asia.

With new fiat on‑ramps, deeper liquidity, and broader visibility, Maple’s positioning just got stronger.

On‑Chain Credit Isn’t a Dream Anymore, It’s Leading

DeFi’s institutional chapter is still unfolding, but Maple Finance is clearly writing the first few paragraphs. The protocol has shown that lending markets can function on-chain with institutional-grade transparency, efficiency, and risk control. That’s a huge leap from where DeFi stood even a year ago.

The success of SYRUP’s token also highlights a growing appetite for tokenized governance that aligns with protocol revenue. Investors want upside tied to activity, not empty speculation.

What’s Next for Maple?

Analysts are now watching for more listings, greater lending volume, and broader integrations across Web3. With institutions warming up to tokenized finance, protocols like Maple will likely define the playbook. The line between TradFi and DeFi is blurring, and Maple is at the center of that convergence.

For traders, the SYRUP listing on Upbit opens the doors to Asia’s largest crypto trading community. KRW pairs ease fiat access. BTC and USDT listings enhance global liquidity. And with high‑velocity volume, there’s plenty of opportunity for both swing and long-term positioning.

Once, DeFi credit was considered too risky—too wild. Today, legacy investors are scrambling to catch up. Maple didn’t wait for permission. It built the rails. It secured the capital. It welcomed institutions. Now, it’s ahead of the pack.

This quarter’s reshuffle proves one thing: on‑chain asset management isn’t emerging. It’s here, and it’s scaling. The smart money knows it. Now the market does too.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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Source: https://nulltx.com/maple-finance-overtakes-blackrock-in-on%E2%80%91chain-asset-management/