The lending platform Aave has established a partnership with Maple Finance, an onchain credit service, to integrate Maple’s liquidity into Aave’s lending markets. This collaboration introduces yield-bearing stablecoins, specifically syrupUSDC and syrupUSDT, to Aave’s infrastructure. SyrupUSDC will be featured in Aave’s core market, while syrupUSDT will be part of its Plasma instance.

The stablecoins are supported by assets from Maple’s institutional credit pools, managing substantial amounts of capital. Maple aims for this partnership to help stabilize borrowing demand and enhance the capital efficiency of Aave’s ecosystem.

Aave allows crypto holders to earn yield or borrow funds through smart contracts, and with the inclusion of Maple’s collateral, it seeks to diversify its liquidity sources and balance borrowing activities, although the exact volume of institutional capital migrating through this integration remains uncertain.

Currently, Aave maintains over $39 billion in total value locked (TVL), while Maple Finance has approximately $2.78 billion in TVL, according to DefiLlama.

This partnership comes shortly after Aave announced plans to launch its V4 upgrade at the end of 2025, which will include a modular design promoting liquidity sharing alongside enhanced risk management and liquidation processes.

According to a Binance Research report, decentralized lending protocols witnessed a growth of over 72% from January to September, driven by an increase in institutional involvement with stablecoins and tokenized assets. This trend supports the facilitation of institutional participation in DeFi lending.

Maple Finance’s total locked value has surged from $296.9 million at the start of 2025 to $2.78 billion due to these market dynamics. They also expanded their syrupUSD stablecoin to the Solana blockchain earlier this year, launching with $30 million in liquidity.