Maple Finance is a decentralized capital marketplace that connects institutional borrowers with liquidity providers. Learn more about how it works here.

 (DeFi) has transformed lending and borrowing, yet many platforms struggle to deliver sustainable yields without excessive collateral requirements or speculative token incentives. This structural weakness has hampered DeFi's maturation and limited its appeal to both institutional capital and everyday users seeking reliable returns.

Maple Finance is responding to this need with a decentralized capital marketplace that brings professional credit standards to blockchain lending. This article examines Maple Finance's innovative features, its investment potential as it bridges institutional finance with the broader DeFi ecosystem and the tokenomics of its native governance token, SYRUP.

 is a decentralized capital marketplace that connects institutional borrowers with 

. It delivers transparent fixed-rate yields through professionally managed lending pools while maintaining rigorous credit standards and comprehensive risk management.

Maple Finance was founded by Sid Powell and Joe Flanagan, former banking and finance professionals who identified significant inefficiencies in legacy capital markets. Powell, now the CEO, brings expertise in institutional banking and structured credit, while Flanagan contributes operational knowledge from previous roles, including as CFO of Axsesstoday.

 Mainnet in May 2021, with Orthogonal Trading becoming the first pool delegate to manage Maple's initial 

 pool of $15 million. Since then, Maple Finance has originated over $4 billion in loans and established itself as a trusted DeFi lending platform.

Maple Finance targets the inefficiencies plaguing both traditional finance (TradFi) and DeFi lending markets. Conventional financial systems involve numerous intermediaries that inflate costs and restrict capital access, while most DeFi platforms tend to depend upon excessive collateralization. Its protocol aims to bridge this divide by bringing institutional credit standards to blockchain lending. 

By implementing professional underwriting, transparent 

 and proper governance, Maple Finance creates a lending ecosystem that satisfies both TradFi requirements and DeFi principles.

Maple's ultimate goal is to create a marketplace in which lenders earn sustainable yields derived from real economic activity, while qualified borrowers gain efficient capital access without traditional banking limitations. This creates a capital marketplace whose sophisticated financial practices operate alongside blockchain's inherent transparency and accessibility advantages.

Maple Finance operates through a sophisticated lending infrastructure that connects qualified borrowers with capital providers in a secure, transparent environment.

Maple's lending ecosystem consists of four main roles:

Central to Maple Finance's infrastructure are lending pools that are implemented as 

 following the ERC-4626 tokenized vault standard. This architecture ensures transparency while maintaining security for all participants.

The lending cycle begins when borrowers apply for loans and undergo evaluation. Maple Direct then performs due diligence and establishes suitable terms. Approved borrowers submit formal loan requests on-chain, receive capital upon final approval and maintain scheduled interest payments throughout the loan’s term.

Maple Finance maintains robust security with overcollateralized loans backed by high-quality digital assets in institutional-grade custody solutions. The platform's advanced monitoring system tracks collateral values around the clock across multiple price feeds.

If collateral values decline to predetermined margin call thresholds, borrowers receive automatic notifications, and must restore appropriate collateralization within 24 hours. Failure to meet this requirement triggers Maple Finance's liquidation protocols in order to protect lender capital.

Maple Finance often implements yield optimization strategies with borrower collateral to enhance overall returns, including 

 approaches. A portion of these additional yields flows back to lenders, boosting their effective returns beyond base interest rates.

Maple Finance offers a comprehensive financial product suite that’s designed to serve institutional and retail participants across the DeFi ecosystem.

Through its Blue Chip Secured pool, Maple Finance offers specialized Bitcoin yield opportunities accepting only BTC and ETH as collateral. Developed in 

, this product enables accredited investors to generate yield on Bitcoin while maintaining strong security, with collateral held by qualified custodians such as BitGo and Copper.

Maple Finance delivers institutional-grade lending opportunities that combine security with attractive returns. It features fixed yields of 10–20% APY that consistently outperform traditional DeFi markets. The platform ensures complete transparency in loan structures and collateral requirements while implementing rigorous professional credit assessment by experienced analysts. Diversified pool options allow lenders to select their preferred risk exposure balance and potential returns.

SyrupUSDC and syrupUSDT, Maple Finance's permissionless stablecoin lending products, represent deposits into institutional-grade lending pools. Launched in May 2024, these 

 allow users to earn high yields from secured loans to crypto institutions without 

 verification. With target APYs of approximately 15%, these products enhance returns through collateral staking strategies and commitment periods that boost rewards via commitment multipliers (1.5x for 3 months and 3x for 6 months). 

Maple Finance's borrowing service caters exclusively to institutional clients who pass rigorous approval processes. Qualified borrowers can access on-chain capital without traditional banking constraints, with fixed interest rates providing budget certainty.

The platform offers flexible collateral options and refinancing opportunities while maintaining transparent terms throughout the loan life cycle. Borrowers manage the entire process — from application to repayment — through Maple's streamlined web app interface.

Maple Finance has established itself as a leader in DeFi lending, facilitating over $5 billion in loans and growing its 

 beyond $1 billion. The protocol has successfully distributed nearly $60 million to liquidity providers, launched Syrup for permissionless access and unified its ecosystem through the SYRUP token.

For 2025, Maple aims to enhance token utility for stakers, scale institutional adoption through new credit products and grow Syrup.fi to $2 billion in TVL. Its road map includes expanding infrastructure to support lending in any asset (including 

), with the ambitious target of managing $100 billion in annual loan volume by 2030.

 unifying Maple Finance's ecosystem across its institutional and DeFi products. Launched through proposals MIP-009 and MIP-010, the token creates alignment between stakeholders while incentivizing platform participation.

Following implementation, 1.15 billion SYRUP tokens were minted at a 100:1 conversion rate from MPL, its legacy token, with supply projected to reach 1.228 billion by September 2026. The token enables staking for protocol revenue shares, exclusive governance rights, value capture from lending activities and conversion of earned 

This staking mechanism operates without lockup periods through a decentralized contract. Rewards come from both protocol revenue and 5% annual inflation, with 5 million SYRUP distributed to early stakers in the first 90 days. The Drips rewards program enhances earnings through compounding rewards, commitment multipliers and integration boosts.

Looking to trade Maple Finance tokens? Bybit now offers the SYRUPUSDT Perpetual contract for trading. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

While Maple Finance demonstrates strong institutional adoption and growing integration within DeFi, investors must carefully weigh its potential against several risk considerations.

SYRUP may appeal to investors seeking exposure to institutional DeFi lending and the expanding RWA ecosystem. Its value proposition derives from actual financial activity rather than purely speculative mechanics, potentially providing some stability. However, investors are advised to consider their 

 before committing capital to this evolving protocol.

Maple Finance exemplifies the way that traditional financial expertise can thrive within decentralized systems. With its professional underwriting standards and transparent operations, the protocol demonstrates remarkable potential as institutional capital flows accelerate and the expansive RWA market continues its integration with blockchain technology.

Intermediate

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Maple Finance (SYRUP): Tapping into sweet yields with DeFi lending

Learn how to complete the Bybit KYC process step-by-step. Unlock full features, higher withdrawal limits, and ensure secure, compliant crypto trading.

If you're new to trading with Bybit or just getting started with crypto, you've probably come across the term 

, short for "Know Your Customer." But what exactly is KYC, and why is it necessary?

, a set of identity verification procedures that financial institutions and crypto exchanges — like Bybit — are legally required to implement. The goal of KYC is to confirm users' identities and assess their risk profiles. This practice enhances platform security in order to reduce risk of fraud or abuse, and ensures compliance with global regulations to prevent criminal activities such as money laundering and terrorist financing.

The Bybit KYC process is crucial for maintaining a safe and compliant trading environment. Completing your KYC verification on Bybit enables a more secure and streamlined trading experience, offering you access to full platform features, including the following:

Individual KYC is for personal users who want access to full features on Bybit, such as withdrawals, Earn products and Launchpad participation. It's fast and is usually fully processed within 48 hours. Business KYC is for corporate entities needing higher withdrawal limits or institutional access. It involves more rigorous checks, including UBO (Ultimate Beneficial Owner) identity and proof of business legitimacy. You cannot have both KYC types on the same account. If you switch to Business KYC, your Individual KYC will be removed.

This is designed for private users who trade or invest using their personal accounts.

When you complete Individual KYC on Bybit, you’re verifying your identity as an actual person. The process typically involves uploading a government-issued ID (like a passport or driver's license), a Proof of Address (such as a utility bill or an official bank statement) and a selfie or live video verification.

Bybit offers three different Individual KYC levels: 

. In order to gain access to all Bybit products and services, you'll need at least a Standard level of KYC (daily withdrawal limit ≤ 1M USDT). However, an Advanced or Pro level verification will grant you higher withdrawal limits (daily limit ≤ 2M USDT). Only one account per user can be utilized for KYC verification. The following are the different verification requirements according to each tier.

After completing KYC verification, you’ll have different withdrawal limits and benefits, depending upon your VIP level, with higher tiers unlocking higher 

 up to a daily limit of ≤ 30M USDT for VIP PRO 6 users and various 

 access to special products like Launchpad or Bybit Earn.

The process is usually fast — anywhere from 15 minutes to 48 hours, depending upon the tier and the quality of the documents submitted.

However, once you've verified as an individual, you cannot convert the same account to a business account later, as you would need to register a new one for KYB.

This is intended for legal entities, such as companies, funds or organizations.

Bybit's Business KYC is a more complex and formal process. It doesn’t just verify the entity — it also requires details about the people behind it, including the following:

The business’s jurisdiction and structure will influence how straightforward or complicated the process is.

Verification can take several days (3–5 business days), especially if follow-up documents or clarifications are required. The due diligence is stricter because Bybit must confirm both the entity's legitimacy and that of its owners.

Business accounts on Bybit have higher withdrawal limits, starting from a minimum daily limit ≤ 4M USDT. Just as for Individual account users, a higher VIP tier unlocks a higher limit, with a daily limit of ≤ 30M USDT for PRO 5 and PRO 6 users. However, certain services aren’t available for Business KYC users: 

Again, once a business KYC is completed, the account is locked in as a business account, and you cannot switch it to an Individual account.

How to complete Individual Identity Verification on Bybit

Step 1a: Access the Identity Verification page

Step 2: Proof of Identity (POI) — Required for Standard Verification

2. Select the country or region that issued your ID and the type of identity document (passport, ID card, driver’s license).

3. Upload a clear photo of your ID showing your full name and date of birth.

4. Complete your facial recognition using your laptop camera, or by scanning a QR code with your mobile device.

: If facial recognition fails repeatedly, wait 30 minutes and try again. Please contact Customer Support if issues persist.

Step 4: Proof of Address (POA) — Required for Advanced Verification

Enhanced Due Diligence (EDD) — Required for Pro Verification

Bybit’s Individual Identity Verification is divided into three levels — Standard, Advanced and Pro — each one progressively unlocking more features and higher withdrawal limits. The process begins with submitting your Proof of Identity and facial recognition (Standard), followed by Proof of Address (Advanced) and finally Enhanced Due Diligence for proof of income (Pro).

Completing these verification steps allows you to access Bybit’s full suite of services securely and in compliance with regulations. Remember to select your residence accurately, and submit clear, authentic documents to ensure smooth and timely approval.

For corporate users, separate Business KYC applies with additional requirements, so please refer to the 

Beginner

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How to get started with KYC on Bybit

This article explores Bybit TradFi, the key benefits of using Bybit for stock CFD trading and how you can get started trading the top global stocks in a few easy steps.

In May 2025, Bybit launched an innovative feature: stock contracts for difference (CFDs) trading using USDT as collateral on its TradFi platform. This bridges the gap between traditional equities and crypto, enabling traders to access leading global stocks directly with their digital assets.

Bybit’s platform offers the flexibility of traditional markets while allowing traders to use USDT as collateral, streamlining the trading experience without requiring fiat conversions.

This article explores Bybit TradFi, the key benefits of using Bybit for stock CFD trading and how you can get started in a few easy steps.

Bybit TradFi is a unified platform that offers trading in stocks, gold, forex, commodities and indices, all accessible through the advanced MetaTrader 5 (MT5) interface. Designed for both beginners and experienced traders, it provides professional-grade tools within a single platform.

A standout feature is the use of USDT as collateral, allowing traders to access traditional markets, such as stocks and commodities, without converting cryptocurrency to fiat. This simplifies trading and makes portfolio management more seamless.

Bybit TradFi combines the best of traditional finance and Web3, providing a streamlined trading experience across stocks, gold, forex, commodities and indices via the MT5 platform.

Here’s why traders are choosing Bybit TradFi:

 in 2025, reflecting its growing trust and popularity among investors in both crypto and traditional markets.

Get started with Bybit TradFi in a few simple steps:

 its TradFi platform to include stock trading via CFDs, offering new opportunities for crypto-native traders.

 a curated selection of 78 top US stocks, including household names such as 

, Apple and NVIDIA, directly from the MT5 platform. 

Traders can open long or short positions with up to 5x leverage using USDT as collateral. This expansion connects digital assets with global stock trading.

What are contracts for difference (CFDs)?

 let traders speculate on asset prices without owning them. You can trade long or short and use leverage to control larger positions with a smaller deposit. While leverage can increase potential returns, it also increases the risk of losses.

Bybit TradFi makes it easy for crypto traders to access global stock markets without converting their digital assets into fiat currency. Here’s why it’s a smart choice for traders of all levels:

Bybit TradFi bridges the gap between digital and traditional markets, providing traders with a simple and flexible way to explore new opportunities using familiar assets.

What stocks can you trade on Bybit TradFi?

Bybit TradFi offers access to 78 of the most popular US stocks via CFDs, spanning key sectors such as technology, energy, healthcare, fintech and AI. These include prominent companies such as 

Bybit TradFi offers competitive and transparent fees for stock CFD trading:

Bybit TradFi offers access to a diverse range of global stocks, all directly available from the same platform you use for crypto trading.

Whether you’re expanding beyond crypto or exploring stock CFDs for the first time, Bybit TradFi offers a seamless, secure and efficient way to trade. Don’t miss this opportunity to 

 today and enjoy 50% off trading fees for a limited time!

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Wall Street meets Web3: Why trade stocks on Bybit

Circle has increased both the size and price range of its upcoming IPO, now aiming to raise up to $896 million at a $7.2 billion valuation by offering 32 million shares at $27–$28 each. 

Daily top performer — Sophon Network (SOPH)

The S&P 500 rose 0.41% Monday despite US-China trade tensions, with markets eyeing upcoming data and a potential Trump-Xi call. Gold rose 2.5% to a 3-week high on a weaker dollar and rising geopolitical and trade tensions. The Coindesk Indices, which tracks the broader crypto market, rose 2.33%, with Bitcoin down 0.66% and Ether up 0.52%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today’s top performer is SOPH, up 40.2% after Sophon teamed up with Octane to secure launches for its Canvas crypto app program.

Sophon Network (SOPH), launched on December 18, 2024, is a consumer-focused Layer 2 ZK chain offering low fees and high throughput. Built on ZKsync, it uses the SOPH token for gas and node rewards to support mainstream crypto apps. Sophon has 

 with Octane Security to provide AI-driven security reviews for all projects in its $4M Canvas launchpad program, ensuring safer launches for upcoming consumer crypto apps.

Check out the latest prices, charts, and data of 

Circle has increased both the size and price range of its upcoming IPO, now aiming to raise up to $896 million at a $7.2 billion valuation by offering 32 million shares at $27–$28 each. The move signals strong investor demand ahead of its NYSE debut under the ticker CRCL. The update follows a rejected $4–$5 billion acquisition offer from Ripple. Circle is the second-largest stablecoin issuer globally and remains committed to regulatory compliance for USDC in the U.S.

Yesterday, BTC spot ETFs saw $137.1M in net outflows, with $16.5M from GBTC and $120.6M from non-GBTC funds.

 is a DeFi protocol on Hyperliquid’s HyperEVM offering fixed and variable yields via an AMM, with features like borrowing and leverage. Early users may qualify for both the Hyperdrive and Hyperliquid Airdrop 2 by bridging USDe from Arbitrum and depositing it into Hyperdrive. Though the points program isn’t live yet, user activity may already be tracked, making this a low-noise, early opportunity.

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Circle targets $7.2B valuation in upsized IPO amid rising investor demand

Bybit Learn

This article covers the market performance of Alphabet (GOOG) in 2025, diving into the bullish catalysts and major headwinds that could impact the company’s outlook. We'll also show you how to gain exposure to GOOG through stock contract for differences (CFDs) trading on Bybit.

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Few brands in the world are as well-known as Google. The US-based search giant is so famous that “Google it” has become a synonym for looking something up online. Alphabet Inc. (NASDAQ: GOOG), is the parent company of Google, the dominant player in search engine and online advertising. The technology conglomerate, the third largest technology company by revenue, also owns numerous subsidiaries in other cutting-edge technologies, including 

In this article, we’ll take a look at the market performance of Alphabet (GOOG) in 2025, diving into the bullish catalysts that could propel the stock performance. We will also analyse the major headwinds that could impact the company’s outlook, and show you how to gain exposure to GOOG through stock contract for differences (CFDs) trading on 

Alphabet (GOOG) market performance in 2025

Like most of the tech sector, GOOG has been quite volatile in 2025. The stock reached a record high of $208.70 in February 2025, only to retrace to $170 by the end of May. However, it is worth noting that the reason for this volatility has little to do with the company itself and more to do with broader economic and geopolitical concerns.

 remains bullish, with a consensus “buy” rating and an average 12-month price target of $198.62, suggesting potential upside from current levels. 

 from Alphabet beat market expectations, with revenue increasing 12% year-over-year (YoY) to $90.2 billion and net income jumping by 46% to $34.5 billion. Google Cloud grew 28%, showing strong AI-driven demand, while paid subscriptions surpassed 270 million. CEO Sundar Pichai emphasized Gemini 2.5’s rollout and remarked that Gemini attracts 

Alphabet’s core business remains strong, and its emerging enterprises are set to undergo robust growth. Google Cloud continues to be a significant growth driver, with 

 YoY in Q1 2025. AI integration with Google’s advertising platforms has also enhanced ad targeting and user engagement, contributing to an 

 in total ad revenue, which reached $66.9 billion in the same quarter.

The company’s efforts to monetize YouTube are also bearing fruit. Advertising revenue for the video-sharing platform increased by 

, driven by the growing popularity of YouTube Shorts and the platform’s expanding subscription base.

Meanwhile, Waymo is scaling its autonomous ride-hailing services. It’s currently offering over 

 weekly across multiple US cities and planning further expansions.

Alphabet also faces serious challenges in 2025. The company is battling escalating regulatory pressures, intensifying AI competition and macroeconomic uncertainties. The US Department of Justice is pursuing structural remedies against the company, including proposals to 

. This could disrupt Alphabet’s integrated ecosystem, which has been central to its market dominance.

Economic headwinds are also impacting digital advertising budgets, with brands becoming more cautious in their spending. This could potentially affect Alphabet’s primary revenue stream.

At the same time, there is increasing competition in the AI space. Rivals like Microsoft and OpenAI are rapidly advancing in this sector, and open-source AIs like DeepSeek and Llama continue to narrow the gap with proprietary models.

Both macroeconomic situations and geo-strategic developments like the tariff war are likely to have the biggest impact on GOOG in the coming months. On the positive side, if Gemini AI models become smarter than Open AI’s models, we could see a large revaluation of both these companies by the market.

On May 19, 2025, Bybit became the first crypto exchange in the world to offer direct global 

. With Bybit TradFi, verified users can now trade up to 78 stock CFDs in the US market using USDT. Here’s how:

Note that users can trade with leverage of up to 5x. Bybit charges a trading fee of $0.04 per share and a minimum commission of $5 per order.

To celebrate this launch, from Jun 2 to Jun 15, all users will receive a 50% discount on trading fees for stock CFD trades made through Bybit TradFi. Go to 

 now to explore the future of finance at half the cost.

Alphabet (Google) stock outlook in 2025: How to trade GOOG on Bybit

Compete for 2,500 USDT USDT Every Week

Alphabet (Google) stock outlook in 2025: How to trade GOOG on Bybit

Grab Up to 5,000 USDT in Rewards

Compete for 2,500 USDT USDT Every Week

Grab Up to 5,000 USDT in Rewards