Loan Book and reported collateral

Loan Book snapshot, 1 Nov

All qualifying loans, including stablecoin collateral and loans with strategy-purpose labels. Both Loan Book and Non-Loan Book support pool shares; collateral is not additional NAV.

On 30 October, a BTC-backed USDG facility was converted to USDC and supplied to another Maple credit pool. This is a transaction trace, not a map of every allocation made by the wallet.

Reported BTC collateral, $43.2M at the 1 November snapshot, supports this facility. It is not part of the cash flow below.

The transaction path shows USDG borrowed from syrupUSDG converted to USDC and $30M supplied to a separate Maple credit pool, minting about 29,990,625 pool shares. Public records do not identify that pool’s downstream borrowers.

Separate context, the same wallet also operates disclosed strategy contracts

These positions are not attributed to the facility shown above.

Aave, $20M
Morpho, $48.2M
Cross-Pool, $25M
PYUSD, $23.1M
AMM liquidity, $6M

Three Syrup pools. Current credit and collateral at 1 Nov; historical reported-credit series shown separately. Collateral is not additional NAV.

Updated Nov 1, 2026Maple TransparencyMapleMaple APISumcap Research