Maple Expands to Solana with syrupUSDC, Cementing $2B AUM and Onchain Leadership

Maple Finance has reached a major milestone with over $2 billion in assets under management (AUM), marking its return as a powerhouse in onchain asset management. This resurgence is highlighted by the successful launch of syrupUSDC on Solana, a move that deepens Maple’s multichain strategy and delivers institutional-grade yield to one of the fastest-growing blockchain ecosystems.

Within just 24 hours of launch, over $35 million syrupUSDC circulated on Solana, with $14 million deployed via Kamino Finance’s Multiply product alone. syrupUSDC is now natively available on Solana, offering ~6.5% stablecoin yield powered by Chainlink’s Cross-Chain Interoperability Protocol (CCIP).

Key Features of the Launch:

• 🍁 Institutional stablecoin yield (6.5%) now live on Solana
• 🔁 4x Multiply and looping available via Kamino Swap
• 💸 $30M in liquidity + $500K in ecosystem incentives
• 🌉 Native swap or Ethereum bridge supported

Kamino, a key DeFi player on Solana with over $600M in stablecoin TVL, has fully integrated syrupUSDC across its Lend, Multiply, and Liquidity vaults—making it the premier platform to tap into this new asset. The initial incentives include $15,000 per week each for Maple USDC and USDG supplies, alongside similar rewards for vaults and borrowing.

Maple’s Solana expansion aligns with its broader strategy: targeting high-capacity, low-latency ecosystems with thriving DeFi infrastructure. With syrupUSDC already adopted by platforms like Binance Earn, OKX Wallet, and Morpho, Solana is now positioned as the next major liquidity hub in Maple’s onchain journey.

As Maple eyes the next $2 billion milestone, syrupUSDC’s momentum on Solana underscores a broader shift toward scalable, yield-driven DeFi for institutional and retail users alike.