Institutional borrowers can now unlock USDC liquidity using weETH and earn ETHFI rewards.
On-chain asset manager Maple announced support for EtherFi’s weETH as collateral for its lending platform, allowing qualified borrowers to access USDC loans while earning ETHFI incentive.
Loans are overcollateralised, carry a 2-month term, and require a $5 million minimum size—designed for allocators, treasuries, and professional market participants engaging in Ethereum’s evolving staking economy.
weETH has emerged as one of the most widely used restaked assets in DeFi, with over $5.3 billion in total supply and more than 65,000 unique holders. Approximately 75% of its deployed value is currently used as collateral in protocols such as Aave.
With Maple, institutional holders of weETH now have a tailored pathway to put those assets to work more efficiently. The launch also marks the first step in Maple’s broader roadmap to support Ethereum staking and restaking assets across its product suite.
“As staking continues to mature, we’re seeing restaked assets like weETH take on a more central role in how institutional capital allocates on-chain,” said Sid Powell, CEO and Co-Founder of Maple. “This integration reflects our long-term view that staking is not just a yield source, but a foundation for the next generation of collateral and credit markets.”
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