Maple Finance has experienced substantial growth over the past two years, launching three new product lines: Maple Direct Institutional, Syrup, and BTC Yield. Following the collapse of FTX, Maple's token valuation had dropped below $30 million fully diluted valuation (FDV) but has since rebounded strongly. The platform recently surpassed $1 billion in total value locked (TVL), marking approximately a tenfold increase within the last year. This milestone was accompanied by a surge in the $SYRUP token, which rose by 20-25% in a single day. Syrup USDC now holds $183 million in loans, and BTC-linked yield products are gaining traction. Institutional lending is playing a key role in driving growth within decentralized finance (DeFi). Maple Finance's liquidity growth is notable, with $260 in TVL growth per $1 of incentives, outperforming industry averages. Additionally, Maple has partnered with CoreDAO to enhance BTC yield products. In the broader DeFi market, Euler Finance continues to expand across multiple chains with an 18.4% TVL increase last week, while other platforms like Marinade Finance and Stakewise also posted double-digit TVL gains. New entrants such as Loopscale Labs on Solana have quickly attracted over $40 million in TVL through fixed-rate lending and modular vaults. Stablecoin-focused yield farms like Apple Farm are offering some of the highest yields, with TVL surpassing $20 million, supported by platforms like Superlend and Etherlink. Morpho Labs' integration of Level USD PTs has introduced USD yields up to 47% APY, highlighting ongoing innovation in stablecoin yield products.