Financial value tied to Maple Protocol surges to a two-year peak, fueled by Syrup.fi.
In the world of decentralised finance (DeFi), Syrup Finance, the yield platform arm of Maple Finance, has experienced a remarkable growth spurt. The total value locked (TVL) on Syrup Finance has soared from approximately $296 million at the start of 2025 to an impressive nearly $2 billion as of August 2025.
Launched in June, Syrup Finance has been a beacon of growth in the DeFi landscape. Since its inception, the platform has attracted institutional inflows and benefited from platform integrations, driving its TVL to new heights. One key factor in this growth was the launch of the SYRUP token in early 2025, which was designed to enhance institutional lending services and improve governance. This move contributed significantly to a surge in usage and valuation.
The SYRUP token replaced the MPL token and unified Maple Finance’s lending platform with the Syrup ecosystem, increasing utility through governance and staking rewards. This token incentive, along with the platform's competitive annual percentage yields (APYs) ranging roughly from 5.2% to 9.5%, has been instrumental in attracting liquidity providers and fueling TVL growth.
Syrup Finance offers a range of yield products, with the two largest pools being High Yield Secured and Blue Chip Secured, offering APY figures of 17% and 10%, respectively. These high returns are derived from Maple's overcollateralized loans to institutions.
The growth of Syrup Finance's TVL has been widely attributed to DefiLlama, a popular DeFi data aggregator. Syrup Finance's TVL has more than doubled since the beginning of August, reaching its highest level since the end of 2022 on August 30, at $83 million. The platform's daily inflows also hit a record $8 million on August 8.
Maple Finance, beyond Syrup Finance’s TVL, has also seen broader institutional adoption. The assets under management (AUM) reached over $3.2 billion by August 2025. The platform enables institutional and accredited investors to lend and borrow crypto, reporting over 80 institutional users borrowing against its pools.
Syrup Finance's success story doesn't end here. Early users of the platform are rewarded with additional "drip" rewards, providing an added incentive for continued participation. As Syrup Finance continues to expand and simplify its yield offerings and increase cross-chain accessibility, it aims to reach its goal of $2 billion TVL by the end of 2025.
Daily inflows to Syrup Finance reached a record $8 million on August 8, indicating strong investor interest in the platform's financial offerings. As technology continues to evolve, Syrup Finance's daily news and updates in the realm of decentralised finance (DeFi) and investing are highly anticipated by finance enthusiasts and tech aficionados alike.
