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Maple
Lending
Maple is a decentralized lending protocol that earn yields from overcollateralized institutions.
Risk Rating
Average
Protocol Code Quality
Protocol Maturity
Protocol Design
What is Maple?
Information
Exploit/Hacks
None
- Documentation
- Auditors
- Please see our FAQ on experienced auditors
Info
- Website
- Token: SYRUP
- Tags: Lending
Key Metrics
- TVL: $2.1B (Rank #24)
- TVL Ranking by Lending: #7
- Blockchain: Ethereum, Solana
- Chain TVL
- Ethereum: $2.06B
- Solana: $0
Risk Assessment
Average
Protocol Code Quality
- Code reviewed by several experienced auditors including Trail of Bits, code4rena and PeckShield
- Public team promotes accountability
- No documented protocol hacks since launch
Protocol Maturity
- Latest protocol version launched in 2024; maturity over six months reduces technical risk as smart contracts are moderately battle-tested
- Top 20% by total value locked slightly reduces risk
- Multisig wallet controls protocol upgrades
- Multisig consists of at least 4 signers, which means the protocol is less susceptible to centralization risks
- No timelock exists or no information documented, which mean a malicious actor could approve upgrades without any delay
- Low voting power concentration reduces risk
Protocol Design
- Robust controls to mitigate oracle price manipulation
- Cross-collateral markets are exposed to systemic risks as each asset creates incremental risks for the platform as a whole
- Solid controls in place to prevent risky borrowing
- No reserves or no stability module
Things to know about Maple
Maple Pools
