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Maple’s syrupUSDC AUM Figure Shows a $320 Million Decline

The product’s AUM was $2.36 billion, compared with $2.68 billion on Oct. 19. Maple’s third-quarter loan balance was $1.67 billion, down 9% from Q2 but up 12% year over year.

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Employees enter an office building on Flinders Street in Melbourne, Australia. / EconoTimes.ai
Employees enter an office building on Flinders Street in Melbourne, Australia. / EconoTimes.ai

Maple Finance’s syrupUSDC product had $2.36 billion in assets under management (AUM), while the company’s broader loan balance showed a mixed quarterly and annual trend.

The syrupUSDC AUM figure was $320 million below the $2.68 billion reported on Oct. 19, a difference of about 12%. Maple’s outstanding loan balance at the end of the third quarter was $1.67 billion, down 9% from the second quarter but 12% higher than a year earlier.

The figures cover different scopes: the AUM comparison is specific to syrupUSDC, while the loan balance covers Maple’s overall loan book. EconoTimes previously reported that Maple originated $8.3 billion in loans during the first nine months, a lending-volume measure distinct from the amount outstanding. That coverage of Maple’s third-quarter loan balance also said the company’s loan book grew 3% from January through Q3 as loans in the tracked DeFi pool fell 29%; Maple accounted for 17% of that total.

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