Maple Finance said deposits in its syrupUSDC stablecoin have exceeded $2 billion, underscoring growing institutional demand for on-chain yield products. The company added that Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has so far handled about $130 million in syrupUSDC transfers, removing the bridge risks and slippage that typically accompany multi-network transactions. To draw additional liquidity, Maple on 14 August opened a new syrupUSDC market on Pendle Finance. Liquidity providers receive a 7% native yield that can be amplified five-fold through “Drips” for a 1% premium—down from the 5% historically charged for the booster. Combined with a 2.5× liquidity-pool multiplier and optional staking on Equilibria, Maple estimates total returns of roughly 27% annualised, with the potential to reach 250% when fully compounded. The token has also been listed on the Drift exchange, where syrupUSDC deposits reached $3 million within the first day. Drift advertises passive yields of up to about 30% for lenders, while borrowers pay a 1% annualised rate. Chainlink’s CCIP is gaining traction beyond Maple. Algorand-based Folks Finance announced it will use the protocol to enable cross-chain stablecoin lending, and Vision has extended CCIP support to connect Hyperliquid’s high-frequency trading platforms, HyperCore and HyperEVM. The string of integrations highlights a broader push to standardise secure settlement for tokenised assets across disparate blockchains.
The rails for the tokenized economy are being laid today. Chainlink is building them.
Hundreds of trillions in assets from traditional finance are moving onchain. In his EthCC keynote, @SergeyNazarov explains why builders should be focused on this opportunity ↓ https://t.co/5M9ubDdIaB
The integration of Chainlink into capital market infrastructure represents a paradigm shift in how value, data, and execution logic traverse heterogeneous environments. Ignoring its trajectory at this stage is akin to overlooking TCP/IP in the early 1990s.