Borrow against SYRUP
Teller pools accept SYRUP as collateral on Ethereum at up to 33.3% LTV, lending USDC at 25% APR. Every loan is fixed-term with no margin-call, so a price fall during the loan cannot liquidate your collateral.
| Collateral | Network | LTV | APR |
|---|---|---|---|
| SYRUP | Ethereum | 33.3% | 25% |
Pool data read . Rates and LTVs are set per pool and change when operators change them.
Fixed terms on both sides
Maple built its business on lending to institutions over defined periods at agreed rates, which is unusual in a market that mostly runs open-ended variable-rate pools. Borrowing against SYRUP puts you on the other side of the same idea: a rate and a date agreed upfront, with nothing floating in between.
Teller pools take SYRUP at 33.3% LTV and 25% APR, and the token sits at 0x643c4e15d7d62ad0abec4a9bd4b001aa3ef52d66 on Ethereum.
SYRUP, and what it replaced
SYRUP is the token Maple moved to, so a search for the older MPL ticker will not find a pool here. Balances staked into Maple’s own products are positions rather than free tokens and cannot be deposited, which is the usual rule across these pages and applies cleanly here.
Why a real-yield token still gets a wide buffer
33.3% sits among the higher governance-token ceilings on the platform, which reflects a protocol with actual loan revenue behind it. The rate stays in the middle of the range regardless, because a pool operator is pricing how fast they could sell a forfeited position rather than the quality of the business underneath it. Those are different questions and only the first one sets the rate.
The loan
Deposit SYRUP, receive USDC, repay or roll on the due date. Rate, LTV and the roll window lock when the loan opens and the protocol holds the collateral until you close it out. Every loan is fixed-term with no margin-call, so a price fall during the loan cannot liquidate your collateral. Miss the due date and the collateral is forfeit.
Other lending-protocol tokens are on the DeFi collateral page, and MORPHO has one of its own.
Frequently asked questions
SYRUP is the token Maple moved to, so this is the row you want. A search for the older ticker will not find a pool here.
No. A staked balance is a position rather than a free token. Withdraw first, or post a balance you already hold liquid.
A pool operator prices how fast a forfeited position could be sold, not the quality of the business behind the token. Those are different questions and only the first sets the rate.
Nothing happens to the loan. There is no liquidation threshold during the term, so the obligation on the due date is unchanged.
USDC on Ethereum, delivered to the wallet that signed the borrow.
Open a loan
Connect a wallet, deposit your collateral, and borrow a stablecoin. No credit check, no application.
Go to the borrow tab →No collateral to pledge? Check whether you pre-qualify for a no-collateral personal loan. Soft check, no hard pull.