plinch

Tokenised private credit · Maple Finance

syrupUSDCMaple Syrup Lending Pool

Institutional lending pool extending USDC credit to over-collateralised counterparties. Higher yield than Treasury products at correspondingly higher credit risk.

CComposite rating

7-day yield

7.42%

AUM

$386M

AUM 30d change

+$54.0M

Holders on-chain

612

Overview

Asset class
Tokenised private credit
Jurisdiction
Cayman Islands
Inception
1 Aug 2024
Regulatory wrapper
Cayman EF
KYC required
No

Economics

7-day yield
7.42%
30-day yield
7.38%
Since inception
7.15%
Expense ratio
100 bps
Yield methodology
Pool APY
Distribution
Continuous

Scale

AUM
$386M
AUM 30d change
+$54.0M
Holders (on-chain)
612
Top 10 concentration
58%

Liquidity

Redemption
30-day notice
Min subscription
None
Secondary market
Limited
Avg daily volume
$1.1M

Transparency

Reserve attestation
Weekly ●
Last attestation
4d ago
Audit firm
Armanino
Smart contract audit
Trail of Bits

Plinch rating · methodology v1.0

how this is computed →

Composite

C

56 / 100

  • Custody14/30
  • Attestation18/30
  • Liquidity10/25
  • Smart contract14/15

Custody

46/100C-
  • Auditor: Armanino (Tier 3)14/30
  • Regulatory wrapper: Cayman EF / SIBA18/35
  • Jurisdiction: Cayman Islands8/25
  • Investor identification: No KYC6/10

Attestation

61/100C+
  • Cadence: Weekly55/70
  • Recency: very late2/20
  • Attesting auditor tier: Armanino (Tier 3)4/10

Liquidity

39/100C-
  • Primary redemption: Notice period10/40
  • Secondary market: Limited15/30
  • Holder distribution: Top-10 hold 58% — concentrated14/30

Smart contract

92/100A
  • Smart-contract auditor: Trail of Bits (Tier 1)70/70
  • Contract age: 1–2 years live22/30

Chain coverage

EthereumprimaryBaseSolana

Primary contract: 0x80ac24aA929eaF5013f6436cdA2a7ba190f5Cc0b

Updated 35m ago · From 8 sources · Methodology