Maple’s SYRUP Nearly Halves as Lending Assets Shrink

Maple's SYRUP token nearly halved in price as the protocol's lending assets contracted. Total value locked sits at $2.22 billion, while syrupUSDC assets under management dropped to $2.36 billion from $2.68 billion reported on Oct. 19. The shrinking AUM signals capital leaving Maple's yield products, a direct hit to a token whose value is tied to protocol activity.