Syrup USDC
Share in a Maple USDC lending pool (ERC-4626). Its value grows with interest from overcollateralized loans to crypto institutions and from Aave and Sky strategies. It is not a stablecoin.
Underlying Asset
What backs the token, and how likely is it to lose value?
99.3% is private credit or other risk assets, so losses depend on borrowers paying back.
99.3% is private credit or other risk assets, so losses depend on borrowers paying back.
99.3% is senior and secured by collateral.
Spread out: the largest borrower is 17.4% of the pool, across 27 borrowers.
No losses passed to holders since 2024.
- Holdings on 2026-09-23: Overcollateralized loans to crypto institutions 99.3%, Idle USDC 0.7%.
What backs the token
Holdings report as of 23 Sep 2026.
| Holding | Type | Share |
|---|---|---|
| Overcollateralized loans to crypto institutions | Secured loans | 99.3% |
| Idle USDC | Stablecoins · government or cash | 0.7% |
Source
Maturity and credit
- Weighted average maturity
- Not public · searched 25 Oct 2026 · Loans are open-term; borrower notice up to 30 days. Help us find it
- Senior and secured
- 99.3%
- Largest borrower
- 17.4% of the pool
- Borrowers
- 27
Track record
- History since
- 28 May 2024
- Losses to holders
- None found