Syrup Price, Live Chart & Market Cap

Syrup: A Top DeFi Protocol for Under-Collateralized Loans, Staking, and Rewards

Name: Syrup
Brand: Syrup
SKU: SYRUP
Price: 0.392193 USD
Availability: InStock

Syrup Overview

Syrup drives Maple’s undercollateralized lending. It merges institutional credit with DeFi to offer transparent funding options. Syrup token holders earn a portion of protocol fees and guide Maple’s governance, securing a stake in the future of decentralized finance. By staking Syrup and supporting pool delegates, users help expand a global lending market built on trust and smart contracts.

Utility & Use Cases SYRUP

Staking Rewards

Syrup holders stake tokens to gain fee-based income from Maple’s lending operations. This mechanism aligns community incentives and rewards long-term participation.

Lending Pools

By depositing stablecoins, lenders earn yield through institutional loans managed by expert delegates. Syrup’s protocol automates tracking and payouts.

Asset Management

Syrup users diversify their crypto portfolio, accessing real-world borrowers. This fosters steady returns that traditional overcollateralized lending often lacks.

Syrup Technologies Overview

Fast Transactions

Syrup uses Ethereum and Layer-2 solutions, ensuring quick settlements and reduced gas costs.

Smart Contracts

Audited and upgradeable contracts manage loans, repayments, and staked rewards securely.

Community Governance

Syrup holders vote on protocol settings, fees, and roadmap proposals, guiding Maple’s future.

Funding

Syrup evolved from MPL, which was launched via a Balancer LBP in 2021. That public sale raised over ten million USDC for Maple development. Early private funding rounds drew noted crypto VCs, building the foundation for the institutional DeFi platform. After its rebrand in 2024, Syrup continued attracting new capital and major exchange listings, fueling protocol growth.

Roadmap

Phase 1: Syrup Launch

Deployed the new SYRUP token, replacing MPL in November 2024. Introduced permissionless lending pools with Drips rewards.

Phase 2: Integrations

Expand to more stablecoin assets, deepen AMM liquidity, and support new chain deployments to boost adoption.

Phase 3: Institutional Scaling

Enhance credit products, partner with large funds, and grow to billions in lending volume, bridging TradFi and DeFi.

Syrup Security & Audit Reports

Syrup’s contracts are thoroughly audited by firms like Trail of Bits and Three Sigma. Maple employs multi-sig governance, emergency pause, and cover reserves, mitigating risks in undercollateralized lending.