syrupUSDC/USD price feed
syrupUSDC comes from Maple, an institutional lending platform native to Ethereum. Its market was never obliged to stay there; the receipt has found takers well beyond its birth chain. A dollar deposit receipt that trades wherever its takers are, standing above one dollar by design.
Aggregate on-chain rate: hourly view of the last 4 weeks. The API itself updates block by block. Request API access
Book composition · auto-observed
A lead pool takes the bulk of this book at present; the balance sits on other chains.
Why this dollar token does not trade at a dollar
The token is a receipt. Depositors place USDC into Maple's lending pools; syrupUSDC is the claim they hold while that capital works. As interest lands in the pool, each receipt becomes a claim on a little more than it was yesterday, so the token's price grinds upward by design instead of sitting at one dollar.
That answers the question most searches around this asset are really asking. The yield is not a separate figure stapled to the token; it is already inside the price, which behaves like a running total rather than a peg. How much the total grows is Maple's side of the story; this page's job is the current reading of it.
The direction of surprise flips here. On a pegged dollar, a slide toward ninety cents is the alarm; on a receipt like this, a sudden return to exactly one dollar would be the strange print, because it would mean the accumulated claim had gone somewhere. Drift is the design, which is precisely why the level needs measuring rather than assuming.
Born on Ethereum, traded where the takers are
Maple's contracts, its borrowers plus its history live on Ethereum. The receipt's market went where it found takers, which has meant real liquidity away from home for much of its life. Where the weight sits in a given week is a fact the page reports rather than a promise the prose makes.
No public tracker surfaces that split. Quote pages agree on the level for this token; where the level comes from is left unstated, which matters for anyone who has to reason about liquidity rather than just display a number. The chain split below states it plainly; the feed itself carries it venue by venue.
The receipt's natural quote is the very asset it wraps, which keeps the reading close to first-hand wherever the book pairs the two; any other cross resolves through its own market like every cross on this site. What emerges is a dollar price with short provenance: receipt against dollar, read wherever the trading went.
An institutional book, measured in the open
The scale is unlike the rest of the long tail. Depth near the mid has summed to eight figures across the book at past readings, with weekly volume in the same class, figures that have placed this receipt among the deeper markets in this catalog despite a search footprint near zero.
Depth like that changes how prints should be read. Small flows do not move this number; when it does move, something sized moved it, which is exactly the property a treasury wants in a mark it has to defend.
What is particular to this page is the journey it documents: a receipt that left home, found its market where the takers were, kept growing the whole way.
Who runs on this rate
Treasuries marking yield-bearing inventory
A desk holding receipts needs the market's reading of the running total, not an internal estimate of what the claim should be worth.
Risk desks watching receipt versus book
The interesting spread is between what the receipt trades at and what the lending book behind it reports; this page supplies the traded half, block by block.
Desks routing cross-chain dollar liquidity
Anyone moving size in this token needs to know which chains carry its market this week; the composition quantifies that before the first order goes out.
Where the syrupUSDC market lives
Active syrupUSDC/USD pools per chain, as observed by the feed on 2026-10-27.
syrupUSDC in the catalog
6 pairs, each computed from its own pools with the same methodology:
Category overview: yield-bearing & RWA prices → · Full catalog: coverage →