syrupUSDC is expanding to Arbitrum. The launch introduces Maple’s institutional-grade yield to one of DeFi’s most active networks.
This article covers how to get syrupUSDC and all of the DeFi use cases and opportunities.
syrupUSDC is available across Euler, Morpho, and Fluid and is supported by Arbitrum's recently launched DRIP incentive program, with users now able to earn ARB rewards when borrowing against syrupUSDC. This feature compounds Maple’s native yield by introducing an additional incentive layer. The total APY can go as high as 35%.
Get syrupUSDC on Arbitrum
There are two ways to get syrupUSDC on Arbitrum: you can buy it directly with an aggregator or on Fluid. Alternatively, you can bridge syrupUSDC over from mainnet.
Buying syrupUSDC on Fluid
- Navigate to Fluid and swap into syrupUSDC.
Bridging syrupUSDC to Arbitrum
- Navigate to Transporter and bridge your syrupUSDC.
Use syrupUSDC as collateral
Using syrupUSDC as collateral unlocks additional yield opportunities. Ongoing incentives lower the borrow rate by 2% which makes leveraged yield looping more efficient. The additional DRIP incentives on the supply side further increase the attractiveness of the opportunity.
With all the incentives and syrupUSDC's native APY, users can earn up to 35% on their positions. Explore the different options below.
Fluid
- Go to Fluid and choose the ‘Leverage’ option. This way you can multiply to the levered position you want.
Morpho
- Go to Morpho and supply syrupUSDC as collateral.
- You can subsequently borrow USDC and leverage up your position if you like.
Euler
- Navigate to Euler and Multiply your syrupUSDC position.
The initial supply caps are as follows: $20M on Euler, $7M on Morpho and $40M across multiple vaults on Fluid.
This expansion is part of Maple’s multi-chain strategy to bring syrupUSDC to the most active DeFi ecosystems. Future deployments will extend syrupUSDC’s utility as yield-bearing collateral, broadening access to sustainable returns across protocols.