Maple Finance Loan Book Grows 12% to $1.7B as DeFi Lending Shrinks 29%
- —Loan book at $1.7B, up 12% YoY and 3% since January
- —Maple's share of tracked DeFi loans rose to 17%
- —Quarterly revenue $4.4M; YTD originations $8.3B, up 75%
- —Outstanding loans fell 9% QoQ; October AUM reported at $4.8B
Why it matters: Institutional credit is expanding even as DeFi lending contracts, strengthening Maple's position, though the quarterly decline in its loan book signals uneven demand.
Source: Crypto Economy