Maple expands to Avalanche with syrupUSDC, offering $500K in launch rewards and targeting sustainable on-chain yield.
Maple Finance has announced the deployment of syrupUSDC on Avalanche, accompanied by $500,000 in launch incentives and over $10 million in initial liquidity. The expansion brings Maple’s on-chain asset management infrastructure to one of DeFi’s fastest-growing ecosystems, following a string of recent milestones for the platform.
The integration features a syrupUSDC/USDC liquidity pool, collateral support on Euler and Benqi lending markets, and listing on Spectra. These components are aimed at seeding adoption and supporting long-term participation in yield-generating opportunities across Avalanche. Users can access syrupUSDC directly via Maple and integrated Avalanche applications from 8 July 2025.
This marks Maple’s second cross-chain deployment, following the rapid uptake of syrupUSDC, which surpassed $60 million in supply shortly after its original launch. The move to Avalanche aligns with Maple’s goal of expanding its yield-bearing stablecoin into high-performance blockchain environments, especially those focused on real-world asset tokenisation and regulated DeFi.
Avalanche has become a preferred destination for financial infrastructure, with recent projects including BlackRock’s tokenised Treasury fund sBUIDL and SMBC’s stablecoin pilot. Maple’s entry further contributes to the ecosystem by introducing a new yield-bearing asset designed for transparency and capital efficiency.
“We are building an asset management ecosystem that allows capital to move freely and efficiently across chains,” said Sid Powell, Co-Founder and CEO of Maple.
“syrupUSDC is central to that vision. It gives DeFi participants a stable, transparent, and composable asset to access sustainable yield on-chain. Expanding to Avalanche brings syrupUSDC to a high-speed, developer-rich environment and unlocks new opportunities for capital deployment across lending, trading, and structured products.”
The announcement follows Maple’s recent crossing of $2 billion in assets under management and its partnership with Cantor Fitzgerald to bring Bitcoin-backed financing into on-chain credit markets. These moves reinforce Maple’s positioning at the intersection of traditional finance and decentralised infrastructure.
Commenting on the integration, Eric Kang, Head of DeFi at Ava Labs, said, “Maple’s deployment of syrupUSDC on Avalanche brings a new bluechip asset backed by accessible, sustainable on-chain yield to the ecosystem. Avalanche’s institutional-grade infrastructure makes it an ideal environment for capital-efficient lending, structured credit, and the next generation of stablecoin-based finance.”
Maple’s deployment aims to capitalise on Avalanche’s expanding role in compliant DeFi, while offering developers and users a stable, yield-bearing asset for use across trading, lending, and structured financial products.
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