Maple, the onchain assistant manager who is known for bridging institutional financing with Defi, has launched the very first eternal trade integration for his yield-bearing Stabilecoin, SyrupusDC, on Drift-Protocol-the leading Perpetual Futures-Expenses.
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With the move, traders can pour SyrupusDC as a margin while earning 7-8% APY, even when positions are open or capital is inactive. This lowers the alternative costs of holding collateral, which gives traders a way to generate income that can compensate for financing costs or are reinvested for a higher return.
To stimulate early adoption, Maple and Drift have used $ 100,000 in incentives, with an initial delivery cap of $ 50 million for SyrupusDC on Drift.
“This is about unlocking more usefulness for crypto assets and creating more efficient markets. With Drift, traders can now exchange, earn and compile in one seamless experience.”
Sid Powell, CEO of Maple
Why it matters to Defi traders
Perpetual Futures Trading is a high -quality, capital -intensive activity. Traditionally, margin is inactive and deserves nothing. With SyrupusDC, that collateral can now work double service – protecting transactions while at the same time generates yield.
The cross-collateral system of Drift makes this possible. In contrast to most DEXs that limit the margin to USD or USDC, Drift can directly integrate SyrupusDC, giving traders the flexibility to conduct more advanced, capital -efficient strategies.
“By allowing collateral to earn yield during use, traders can unlock more efficient Defi strategies and improve the return.”
David Lu, co-founder of Drift Protocol
Strengthening Solana’s Onchain Capital Markets
The launch builds on the expansion of SyrupusDC to Solana earlier this year, as a result of which a new layer of composability is added to the fastest growing ecosystem of Defi. It also positions Drift as a pioneer in yielding margin, which may set a new standard for eternal trade Onchain.
Looking ahead, Maple is planning to roll out SyrupusDC as a yield -bearing collateral in more protocols, which means that its usefulness goes beyond the drift and the range of traders strategies.
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About Maple
Maple was launched in 2021 and combines the expertise of traditional capital markets with Defi infrastructure to deliver secure loans, Bitcoin yield and structured products. It has become an important player in institutional crypto markets, focused on accessibility, innovation and efficiency.
About Drift Protocol
Drift is Solana’s powerful decentralized perpetual futures exchange, which offers deep onchain liquidity, implementation with low latency and advanced risk management for both retail and institutional traders.
