Maple tokens are now tradable on 1inch

Maple’s syrupUSDC and syrupUSDT bring tokenized lending positions closer to everyday DeFi trading.

Stablecoins are useful. But they can also sit still. Hold USDC or USDT in a wallet, and you hold a dollar-pegged asset. That is simple. But in institutional credit markets, stablecoins can also become productive capital. That is the idea behind Maple.

Maple is an on-chain lending platform for institutions. Trading firms can borrow stablecoins through Maple and post crypto assets, such as BTC or ETH, as overcollateralized security. Lenders provide stablecoins and receive tokens that represent their position.

Now, Maple’s syrupUSDC and syrupUSDT are available through 1inch.

That gives users and builders another way to access assets across DeFi, with 1inch providing routing and swap infrastructure.

What Maple does

Maple connects lenders and institutional borrowers on-chain.

In simple terms, borrowers receive stablecoin loans. They post crypto collateral. They pay interest on those loans. Lenders provide USDC or USDT and receive a token that represents their deposit.

For USDC, the flow looks like this:

USDC → deposit into Maple → receive syrupUSDC

For USDT, it works the same way:

USDT → deposit into Maple → receive syrupUSDT

But these tokens are not the same as plain stablecoins. USDC is a dollar-pegged stablecoin, not creating any earning opportunity. By contrast, syrupUSDC represents USDC that has been deployed through Maple’s lending system. Its value can increase as, while remaining subject to the risks of the underlying lending strategy.

That is where the RWA angle comes in. These are on-chain tokens connected to institutional credit activity, not just crypto-native trading pairs.

Tokenized credit as part of DeFi infrastructure

RWAs are not only tokenized stocks or funds. Tokenized credit is also becoming part of the on-chain economy.

In traditional finance, credit positions are typically difficult to transfer and integrate with other financial infrastructure. Tokenization changes that. It allows credit positions to be represented, tracked and moved as on-chain assets.

For DeFi, that matters because it expands the range of assets that can move through decentralized infrastructure.

Stablecoins become more than settlement assets. Credit positions can become tokens. And those tokens can move through the same routing, swapping and wallet infrastructure that people already use across DeFi.

This does not remove risk. Lending markets still depend on borrower quality, collateral management, liquidity, protocol design and market conditions.

But it does make tokenized credit more portable and interoperable, allowing it to participate in the broader DeFi ecosystem alongside other on-chain assets.

What 1inch supports

1inch now supports Maple tokens:

• syrupUSDC - on Ethereum, Arbitrum and Base
• syrupUSDT - on Ethereum and BNB Chain

These tokens are available across the 1inch ecosystem.

On 1inch.com, users can access them through Swap, Trade or Terminal. In Portfolio, users can track prices, balances and bundles.

For builders and institutional teams, Maple token swaps are supported through APIs available on 1inch Business.

1inch’s role

1inch does not run Maple’s lending strategy. Minting, redeeming and lending remain on Maple’s side. Maple manages the credit product and the underlying lending mechanics.

1inch’s role is different: it helps users move into and out of these tokens through swap infrastructure. That distinction matters.

If you want to lend directly through Maple, you use Maple. If you want to trade syrupUSDC or syrupUSDT through available liquidity, 1inch can help route the swap.

This makes access simpler without turning 1inch into the issuer or manager of the asset.

Why routing matters for RWA tokens

RWA tokens need more than issuance. They need liquidity. A token can be well designed, but if users cannot enter or exit efficiently, the market remains hard to use. Liquidity may be spread across venues, chains and pools. Prices may differ. A direct route may not always be the best route.

That is where 1inch intent-based swaps are useful.Instead of manually checking routes, users can express the trade they want. 

For Maple tokens, this helps make trading more flexible. A user can move between stablecoins and syrup tokens through 1inch, while the routing layer searches for efficient execution across available liquidity.

Why this matters for stablecoin users

Many users understand USDC and USDT. They are simple, liquid and widely used across DeFi.

Maple tokens introduce a different question: what if a stablecoin position could also represent access to institutional lending activity?

That is the difference between holding a plain dollar stablecoin and holding a tokenized credit position linked to that stablecoin.

USDC is idle unless you do something with it. syrupUSDC is designed to represent USDC deployed through Maple’s lending system. USDT works the same way with syrupUSDT.

This makes Maple tokens part of a broader shift in DeFi: stablecoins are increasingly becoming the base layer for more advanced on-chain financial products.

Explore Maple tokens on 1inch.

Disclaimer: This content is for general information purposes only and does not constitute financial, investment, tax or legal advice. Not available in the US and other restricted jurisdictions.