syrupUSDC/AUSD Yield: Up to 27% APY

syrupUSDC is Maple Finance's yield-bearing USDC token, powered by the Syrup platform. Yield is generated from fixed-rate, overcollateralized loans to institutional borrowers, providing consistent short-duration yield to DeFi lenders.

How the strategy works

This is a max-APY yield loop: syrupUSDC is supplied as collateral and AUSD is borrowed against it on Morpho, then recycled back into syrupUSDC to multiply the underlying Institutional Lending yield. Because the two assets are price-correlated, the position targets amplified yield rather than directional price exposure.

Strategy details

Collateral asset

Syrup USDC (syrupUSDC)

Borrowed asset

AUSD

Issuer

Maple

Yield source

Institutional Lending

Underlying

USDC

Category

stable

Network

Ethereum

Protocol

Morpho

Live metrics

Collateral APY

4.80%

Net borrow APY

2.45%

Max leverage

11.4x

Default leverage

10.5x → 27.13% APY

Leverage ladder

1x 4.80% · 2x 7.15% · 3x 9.50% · 4x 11.85% · 5x 14.20% · 6x 16.55% · 7x 18.90% · 8x 21.25% · 9x 23.60% · 10x 25.95% · 11x 28.30% · 11.4x(max) 29.24%

Oracle type

nav

Exit slippage

$100k 0.04% · $500k 0.09% · $1M 0.10% · $5M 0.17% · $10M 0.24%

as-of 2026-08-20T09:34:34.372Z — live snapshot. Live data (source of truth): https://api.spiralstake.xyz/v1/strategies?chainId=1

Maple website · All strategies