BTC

“Maple's active loans were naturally affected by $BTC price performance and broader market conditions throughout Q1, but they're closing the quarter on a strong note with $350M in new loans issued in a single day. When we started covering them, they had way less than $350M in total active loans. Now they can deploy that same amount in under 24 hours. @maplefinance now stands at $1.2B in active loans and $4.6B in AuM, with syrupUSDT just crossing the $1B deposits mark. The largest onchain asset manager now has two overcollateralized billion-dollar assets generating yield at scale. Our Q1 report is dropping soon, and it's coming in a new format. Maple.”