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GLC
@GLC_Research
Crypto Research & Reporting | Contributing @maplefinance & @HyperliquidR | &
加入 May 2024
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Outstanding loans just reached a new ATH of $1.835B, up $110M in the past 24 hours. Versus the Q1 2026 close ($1.18B, March 31): +55.5% Versus the Q1 trough ($799M, March 18): +130% The loan book has more than doubled off its March lows and now sits well above pre-drawdown levels from earlier in the quarter. Origination momentum is coming back ? Q2 closes tomorrow, full breakdown in upcoming Q2 report.
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New Outstanding Loans ATH for Maple, and $SYRUP is up 25% today. @maplefinance has reached a new all-time high in active loans, climbing to $1.725B, up 6.2% from its previous peak of $1.623B, recorded in December. Since bottoming at $772.9M in April 2026, active loans have rebounded by 123.2%. Loans are Maple's primary revenue driver, and now you can expect revenue to follow in the coming months. It's also worth remembering that Maple managed to reach a new all-time high while $BTC price action has been horrific. Their TAM has effectively been cut in half, and somehow, they still managed to post a new loans ATH. We've been quite vocal lately about how underpriced and underappreciated Maple and $SYRUP are. In a single day, they added more than $200M in loans, which once again confirms just how resilient this team is. Onwards, Maple. More below.
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