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Maple finance

There's some $54 million of sour debt on Maple Finance's lending platform because some of its largest borrowers were devastated in the FTX-blowup. (Michael Diane/Unsplash)
Markets
Defi
Maple Finance's $54M of Sour Debt Shows Risks of Crypto Lending Without Collateral
Maple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis while gearing up for a major system upgrade. The project's MPL token has plunged,...
There's some $54 million of sour debt on Maple Finance's lending platform because some of its largest borrowers were devastated in the FTX-blowup. (Michael Diane/Unsplash)
By Krisztian Sandor
Dec 12, 2022 at 3:53 a.m. UTC
Dec 12, 2022
DeFiDecentralized FinanceMarketsLendingInvestingMaple finance
Sid Powell, CEO of Maple Finance (Maple Finance)
Finance
Defi
Celsius Links Up With Maple Finance for Liquidity Play
Crypto lending platform Celsius will get exposure to yield from market makers Wintermute and Amber by delegating $30 million of wETH to Maple’s pools.
Sid Powell, CEO of Maple Finance (Maple Finance)
By Sam Reynolds
Feb 24, 2022 at 2:00 p.m. UTC
Feb 24, 2022
DeFiCelsiusMaple finance