5.08%
—
—
$86.3M
$11.2M
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Strategy overview
Hold syrupUSDC, a yield-bearing stablecoin issued by Maple Finance. Its value or balance grows as the issuer's underlying assets generate returns.
- How it works:
- We swap your USDC into the issuer's yield-bearing dollar (e.g. sUSDe, USDY). The token's value or balance grows over time as the issuer's underlying strategy — staking, T-bills, or a delta-neutral hedge — earns yield. You exit by swapping back.
- What you hold:
- syrupUSDC in your wallet; its balance or redemption value grows as yield accrues.
- Who runs it:
- Maple Finance — live since 2021 · audited by 7 firms · no known incidents
Position details
- APY Now
- 5.08%
- Issued (TVL)
- $86.3M
- DEX Liquidity
- $11.2M
- Max @ 0.3% Slip
- $984,390.00
- Token
- syrupUSDC
- Mint
- AvZZF1YaZDziPY2RCK4oJrRVrbN3mTD9NL24hPeaZeUj
- Current Price
- $1.1811
- Slippage @ $100k
- +0.00%
- Drift from $1
- +18.11%
Low–moderate risk · Grade B
30/100
- syrupUSDC's backing carries more risk than plain cash reserves — crypto-backed.
- A smaller token is easier to destabilize — syrupUSDC: ~$86.3M market cap.
- syrupUSDC's price history isn't tracked yet, so we can't verify how well it holds its value.
Strategy
- Strategy type15
More complex strategy type.
- Leverage0
No leverage.
- Yield source60
Yield comes from private credit (loans to vetted borrowers).
- Pool usage0
Not a utilization-driven product.
- Pool size0
Token hold — no pool.
- Lock-up & yield stability0
30d APR volatility 0.1pp.
What can go wrong
- Depeg risk: the token can trade below $1 if the issuer's backing or strategy comes under stress.
- Exit depends on DEX liquidity — thin liquidity means more slippage when swapping back to USDC.
- Yield and peg both depend on the issuer; many of these are off-chain RWA or synthetic-dollar issuers (see the protocol notes below).
The assets
What your deposit is held in, and how steady its value is.
syrupUSDC
- Backing model35
syrupUSDC: crypto-backed.
- Peg history · no data30
No peg history accrued yet (syrupUSDC).
- Issuer size58
syrupUSDC: ~$86.3M market cap.
- Exit liquidity16
syrupUSDC: ~$11.2M DEX depth.
- Token age33
syrupUSDC: live since 2024.
- Freeze authority35
syrupUSDC: issuer can freeze token accounts.
About syrupUSDC
Each asset in this position — what it is, how reliable it is, and any past depegs.
syrupUSDCSyrup USDCYield-bearing stable
Low RiskBy Maple Finance. Yield-bearing USDC backed by Maple's over-collateralized loans to vetted institutional borrowers. · Live since 2024
- ·Yield-bearing — price is designed to drift upward, so it has no fixed $1 peg.
- ·Price volatility: 0.01% (30d).
Volatility (7d): 0.0067%DEX liquidity: $11.2M
Audited: Yes — Multiple (protocol audits)
AvZZ…ZeUj
Token notes & warnings
- Freezable — The authority's owner has the ability to freeze your token account, preventing you from further trading
- Mintable — The authority's owner has the ability to mint more tokens
Who runs it
Maple FinanceXDocsDefiLlamaThe team and protocol behind this, and their track record.
Lends pooled USDC to vetted institutional borrowers; syrupUSDC accrues the interest those borrowers pay.
- Admin controls40
Documented EVM multisig/timelock governance (off-Solana).
- Exploit history0
No known exploits.
- Track record0
Live for ~64 months.
- Price feeds · no data55
Oracle setup unknown.
- Scale0
$3.0B TVL — battle-tested at scale.
- Safety reserves39
~$8.5M disclosed treasury/insurance backstop.
- Bug bounty15
Live bug bounty up to $500k.
- Audits0
Audited (Trail of Bits, Spearbit, Cantina, Three Sigma, 0xMacro, Sherlock, Dedaub).
How we rate risk
Stablecoin strategies get a 0–100 risk score (lower is safer) built from three areas — Protocol (audits, incident history, track record and admin controls), Strategy (leverage, lock-ups, pool size and yield source) and Asset (the token's peg record, backing, and exit liquidity) — weighted by strategy type — and the weakest area can push the overall number higher (riskier) on its own. The score maps to a grade: A ≤ 22, B ≤ 35, C ≤ 50, D ≤ 70, E above. Grades compare opportunities within our stablecoin catalog — an A is the strongest thing we list (blue-chip stablecoin lending), not a promise of safety. Live events (an active depeg, a reported exploit, a sharp deposit outflow) override the score immediately. Where we lack data, the factor says so and scores cautiously. Non-stablecoin opportunities are not rated. A comparison aid, not advice.
Risk levels are Akashi's own assessment to help you compare opportunities — not financial advice or a safety guarantee. Every DeFi position carries smart-contract and market risk.
Non-custodial · Akashi never holds your funds