Latest news with #MapleFinance
Yahoo
3 days ago
- Business
- Yahoo
Crypto Lender Maple Finance Expands to Solana With Chainlink
Maple Finance, a cryptocurrency lending firm offering decentralized finance-like (DeFi) yields to institutions, has expanded into the Solana ecosystem with the help of Chainlink's Cross-Chain Interoperability Protocol (CCIP). To support the expansion, Maple's ecosystem has allocated $500,000 in incentives and coordinated over $30 million in liquidity, establishing a deep and stable foundation for lending, trading and collateral provisioning on the Solana blockchain. There's more than $10 billion in stablecoins circulating on Solana, making it one of the most liquid ecosystems in crypto and a growing hub for institutional DeFi. Maple's token, syrupUSDC, will be accessible on Solana-native platforms including Kamino and Orca. Robinhood-backed stablecoin consortium the Global Dollar Network (GDN) is also supporting the launch with USDG being a key supply asset into the market, according to a press release. 'Expanding to Solana unlocks a high-speed, high-capacity environment where Maple's products can reach a broader class of users — from institutions to advanced DeFi participants,' said Sid Powell, CEO and Co-Founder of Maple. 'With syrupUSDC now native to Solana, we're delivering yield, capital efficiency and liquidity to one of the largest stablecoin ecosystems in crypto.' Se produjo un error al recuperar la información Inicia sesión para acceder a tu portafolio Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información
Cision Canada
29-05-2025
- Business
- Cision Canada
HTX DeepThink: Rotation Signals Emerging--Crypto Credit and InfoFi Poised as New Market Focal Points
SINGAPORE, May 29, 2025 /CNW/ -- As May draws to a close, the crypto market continues its upward momentum, fueled by a renewed wave of macro liquidity. Bitcoin demonstrates resilience, with improved on-chain capital structure and a steady rise in risk appetite. High-beta assets and quality altcoins are drawing increasing attention, signaling an emerging rotation trend. This week, Chloe (@ ChloeTalk1) from HTX Research explores the evolving potential and structural value of crypto credit and InfoFi as key sectors in this next phase. Structural Shift Under Macro Support: Bitcoin Holds Firm as Altseason Builds Momentum As of May 21, 2025, the Federal Reserve's net liquidity has rebounded to 6,022.869, recovering strongly from its early-May low. Although it has not yet reached the key range of 6,100–6,200, this trend signals an initial return of liquidity, providing macro-level support for the crypto market. Despite last week's long-bond auctions disappointing on both sides of the Pacific—with the U.S. 20-year yield pushed above 5 %, and Japan's long-end rates setting 25-year highs—stoking global liquidity-squeeze fears, the impact is somewhat mitigated. The U.S. Treasury is primarily absorbing cash mainly via 3- to 6-month T-Bills, which tends to drain money-market funds rather than risk assets. Furthermore, the Fed retains the ability to pause quantitative tightening (QT) or open its repo facilities at will, capping potential spillover effects. Bitcoin has held firm. Spot ETFs continue to post modest daily inflows, over 70 % of Bitcoin supply has remained dormant for six months or more, exchange balances are falling, and Asian/Middle-East buyers continue to buy dips. Even if net Treasury issuance jumps to roughly $1.25 trillion in Q3, short-dated supply and repo backstops dilute the drag on high-beta assets, while ETF passive holdings and "hard hands" diffuse selling pressure; a weaker-dollar narrative adds further support. On-chain data shows that public chains like Solana and Base are seeing sustained increases in activity, with capital gradually shifting from BTC-dominated safe-haven assets to high-beta altcoins. BTC Dominance remains elevated and has not yet experienced a significant pullback, but if it drops below 52% in the coming sessions, coupled with further liquidity expansion, a new altcoin season could kick off. Analysis on Trending Sectors Wall Street Doubles Down on Crypto Credit: Maple Becomes the Institutional Capital Gateway Cantor Fitzgerald has launched a Bitcoin-collateralized credit program with a total size of $2 billion, signaling Wall Street's formal and large-scale entry into the crypto credit market. Initial recipients of this facility include crypto broker FalconX and the decentralized lending protocol Maple Finance. FalconX has already drawn over $100 million under this framework, and Maple Finance has completed its first loan issuance through the program. The $SYRUP token, associated with Maple Finance, is available on HTX through spot trading, perpetual futures, and earn products. Since its spot listing, $SYRUP has surged by 110%, with strong performance also seen in derivatives—underscoring growing market recognition and investor confidence in the project. Maple's newly launched syrupUSDC/USDT perpetual institutional credit pool offers 8–12% annual yields with high collateral transparency, rapidly attracting large volumes of idle institutional stablecoins. This month, the TVL surged from $800 million to $1.3 billion—markets are "voting with their feet," fully validating the appeal and growth potential of the SYRUP model. Based on current on-chain trends and macro liquidity data, $COOKIE is expected to be on the verge of explosive growth within the InfoFi sector. Compared to similarly positioned projects like Kaito, CookieDotFun's current market cap is just one-fifth. Once the Cookie leaderboard, ad slot bidding, and other InfoFi monetization mechanisms go live, $COOKIE' valuation ceiling could be lifted. HTX has launched COOKIE/USDT perpetual futures, while KAITO —previously featured in the HTX DeepThink column—has also been listed on HTX, with a remarkable 138% gain over the past 30 days. *The above content is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. About HTX DeepThink: HTX DeepThink is a flagship market insights column created by HTX, dedicated to exploring global macro trends, key economic indicators, and major developments across the crypto industry. In a world where volatility is the norm, HTX DeepThink aims to help readers " Find Order in Chaos." About HTX Research cryptocurrency, blockchain technology, and emerging market trends.
Yahoo
27-05-2025
- Business
- Yahoo
Wall Street Giant Cantor Debuts Bitcoin Lending Business With First Tranches to FalconX, Maple
Wall Street investment bank Cantor said on Tuesday it has executed the first transaction of its new bitcoin BTC lending business as part of the firm's plan to offer $2 billion in first firms to secure financing from the credit facility include Maple Finance, a crypto lender with over $1.8 billion of assets on its platform, and FalconX, a digital asset prime brokerage. The Wall Street giant announced its plan to launch the business in July, saying it wanted to build a platform to support bitcoin investors' financing needs. "Institutions holding bitcoin are looking to broaden their access to diverse funding sources, and we are excited to support their liquidity needs to help them drive long term growth and success," said Christian Wall, co-CEO and global head of fixed income at Cantor. Cantor Fitzgerald also manages stablecoin issuer Tether's stockpile of U.S. Treasuries that backs the value of the $142 billion USDT stablecoin. The firm's former CEO, Howard Lutnick, currently serves as the Secretary of Commerce and has been a vocal proponent of integrating BTC into traditional finance. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
SYRUP is fueling Maple's $1.6B on-chain credit machine
SYRUP isn't a meme coin. It's the incentive layer for Maple Finance, the on-chain credit platform managing over $1.6 billion in assets—and growing. In May alone, $60 million in new inflows have poured into the protocol, fueled by a rewards campaign that's equal parts gamified and strategic. Stake 1,000 USDC, and you're eligible for a 300K prize pool. But that's just the front-end. Behind it is a system engineered for capital efficiency and institutional appeal. 'The SYRUP community is built on trust and transparency—the same pillars as Maple,' says Sidney Powell, Maple's co-founder and CEO. Governance is real: $SYRUP stakers vote on protocol decisions. And 20% of all revenue goes toward buying back $SYRUP and redistributing it. One of the few DeFi tokens with an active, recurring buyback—backed by revenue, not hype. Maple's lending model is intentionally disciplined—loans are 172% overcollateralized, prioritizing capital preservation over unchecked growth. SYRUP trades across major venues—Binance, Coinbase, Kraken, KuCoin, Uniswap—giving the token broad reach. But accessibility isn't the challenge. The real value lies in how trust, risk, and governance are structured beneath the surface That trust is extending cross-chain. In a recent announcement from Chainlink, SYRUP-USDC was named among the first assets integrated into the Cross-Chain Token (CCT) standard. The move enables permissionless cross-chain transfers via CCIP, including full Solana support, and adds a new layer of composability to Maple's credit rails. Institutional confidence is growing. Spark allocated $50 million to Maple, reinforcing broader appetite. In Asia, Maple's BTC Yield product—5% APR paid in Bitcoin—is gaining traction with miners and family offices searching for yield without unnecessary complexity. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-05-2025
- Business
- Yahoo
Chainlink CCIP Is Officially Live on Solana, Supercharging the Growth of Solana DeFi by Unlocking Access to $19B+ of Assets
Solana's lightning-fast speed meets Chainlink's battle-tested security and reliability—creating the ideal cross-chain experience for Web3 developers, dApp users, and institutions. Launch partners include Maple Finance and other leading projects SAN FRANCISCO, May 19, 2025 /PRNewswire/ -- Chainlink, the backbone of blockchain, announced today that Chainlink's Cross-Chain Interopability Protocol (CCIP) is officially live on Solana Mainnet—the first non-EVM chain to feature CCIP's v1.6 upgrade. CCIP is the standard for cross-chain interoperability, supporting 57+ blockchains and enabling the secure transfer of value and data across the EVM and SVM ecosystems. This integration enables projects, including Solv, Backed Finance, Shiba Inu, and more, to expand their existing CCIP-enabled tokens into the Solana ecosystem, leveraging the Cross-Chain Token (CCT) Standard. Joining them are new teams planning to adopt the CCT standard, including ElizaOS, The Graph, Maple Finance, Pepe, Zeus Network, and more. Together, these CCTs coming to Solana via CCIP represent a collective market cap of $19+ Billion. The launch of CCIP on Solana unlocks new opportunities for users and developers by providing the secure cross-chain infrastructure required for institutional-grade blockchain applications. Powered by the same decentralized infrastructure that has secured $75B in DeFi TVL at its peak and enabled $20T+ in transaction value, CCIP will help scale Solana adoption while maintaining the highest level of security and reliability. Solana is now connected to Arbitrum, Base, BNB Chain, Ethereum, Optimism, and Sonic via CCIP, with more to come. CCIP-enabled bridging apps such as Interport, OpenOcean, Transporter, and XSwap are integrating support for Solana. "Launching CCIP on Solana is a pivotal milestone for the industry as Chainlink's highly secure and reliable infrastructure provides users access to one of the fastest-growing ecosystems in Web3. Solana's high throughput, low fees, and large developer community make it an ideal environment for building next-generation, cross-chain applications. With CCIP, leading projects representing billions of dollars in market cap can now move assets into the Solana ecosystem, laying the foundation for an asset-rich ecosystem that attracts institutional capital, deepens liquidity, and expands the footprint of tokenized RWAs." — Johann Eid, Chief Business Officer at Chainlink Labs. This integration enables institutions already leveraging Chainlink to enter the Solana ecosystem, accelerating the adoption of Solana's tokenized RWA economy. Many of the largest DeFi communities and token developers within the EVM landscape can now expand their presence to Solana, accessing new users. Maple Finance is among the launch partners exploring new opportunities enabled by Chainlink CCIP on Solana. "The launch of Chainlink CCIP on Solana unlocks new growth pathways across one of the world's most prominent blockchain networks. As a leading on-chain asset manager, Maple depends on secure and scalable infrastructure to expand our product suite across the digital asset ecosystem. Interoperability is essential to unlocking institutional participation at scale, and we're proud to integrate Chainlink's Cross-Chain Token (CCT) standard—bringing syrupUSD to Solana and other leading ecosystems." — Joe Flanagan, Co-Founder at Maple Finance. ElizaOS is leveraging Chainlink CCIP on Solana to expand the cross-chain capabilities of autonomous AI agents. "CCIP and the CCT Standard allow us to extend agent capabilities and assets across leading blockchain ecosystems, while continuing to leverage Solana's high performance and efficiency. This integration brings us closer to a future where AI agents can transact, coordinate, and deliver value across chains leveraging trust-minimized infrastructure." — Shaw Walters, Founder of elizaOS. Beyond Solana support and broader non-EVM compatibility, the CCIP v1.6 upgrade also delivers lower transaction costs for users and a streamlined architecture that will power rapid, cost-effective scaling to hundreds of additional blockchains. The Chainlink CCIP integration builds on the existing suite of Chainlink services available on Solana, with Price Feeds live since June 2022 and Data Streams launching in October 2024. Chainlink now powers leading protocols on Solana, including GMX-Solana and Kamino Finance, which recently integrated Chainlink Data Streams. About ChainlinkChainlink is the standard for onchain finance, verifiable data, and cross-chain interoperability. Chainlink is unifying liquidity across global markets and has enabled over $20 trillion in transaction value across the blockchain economy. Major financial market infrastructures and institutions, such as Swift, Fidelity International, and ANZ Bank, as well as top DeFi protocols including Aave, GMX, and Lido, use Chainlink to power next-generation applications for banking, asset management, and other major sectors. Learn more by visiting View original content to download multimedia: SOURCE Chainlink Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
