Drips Season 10 syrupUSDC delivered 8.93% average total APY for users, outpacing DeFi peers by 2-3%. Drips APY increased for all users compared to season 9, showing Maple's growth flywheel in full effect. Users earned up to 30% with DeFi strategies. All details below:
Season 10 was the strongest season in syrupUSDC history. syrupUSDC scaled to $1.8B+ in AUM with almost $1B in deposits, making it a top 3 yield bearing dollar asset. Drips APY was higher for all users in different categories.
syrupUSDC has established itself as a premier DeFi asset through its partnerships with top DeFi apps. @sparkdotfi has an allocation of $400M+ into syrupUSDC, with an additional $150M+ in @MorphoLabs, $125M+ in @pendle_fi and $45M+ in @KaminoFinance. syrupUSDC also passed the temperature check on @aave.
Users earned between ~12% and ~25% through the variety of DeFi use cases powered by syrupUSDC.
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