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Maple Loan Book Grows 12% as DeFi Lending Contracts 29%

Maple Loan Book Grows 12% as DeFi Lending Contracts 29%

Photo: Crypto Economy

TL;DR Maple Finance ended Q3 with $1.7 billion in loans outstanding, up 12% year over year, while tracked DeFi lending contracted 29% since January. Quarterly revenue reached $4.4 million and year-to-date originations hit $8.3 billion, although outstanding loans fell 9% from Q2, showing growth was uneven. Maple also expanded syrup products and buybacks while pursuing ... Read more

Source: Crypto Economy

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