Proof of reserves

Independent verification that syrupUSDC's reserves back its deposits.

Assets Under Management$2.46B
APY vs benchmark
5.1%syrupUSDC
4.1%Benchmark
syrupUSDC APY
USD benchmark rate
Deposits$937.16M
Deposit allocation
$937.16M Total deposits
  • Overcollat. Lending 96.1% · $900.91M
  • DEX LP 2.2% · $20.05M
  • US Treasuries 1.7% · $16.19M
  • Idle Cash <0.1% · $9.19K

AUM Breakdown

What syrupUSDC deploys into. Values are syrupUSDC's share of each strategy, including accumulated yield.

$2.43B Overcollateralized Lending Loans to institutional borrowers, backed by collateral Collat. Assets: BTCXRPETHWBTC Collat. Ratio · 169.7% Show Details
24 loans $898.72M
200M USDC Fixed Term Apr 30, 2027 182 days BTC $375.37M 187.7% 0x7f11…5fd6
115M USDC Open Term Dec 14, 2026 45 days BTC $231.72M 201.5% 0x3b74…f7dd
100M USDC Open Term Nov 6, 2026 7 days BTC $154.78M 154.8% 0x0e8d…bb34
70M USDC Open Term Dec 14, 2026 45 days BTC $105.47M 150.7% 0xd244…31b9
55M USDC Fixed Term Dec 12, 2026 43 days XRP $103.53M 188.2% 0x1384…5772
41.61M USDC Fixed Term Dec 4, 2026 35 days XRP $74.19M 178.3% 0x0d7c…7733
33.5M USDC Open Term Oct 31, 2026 1 day WBTC $47.93M 143.1% 0x63ea…9287
33.5M USDC Open Term Oct 31, 2026 1 day BTC $45.27M 135.1% 0xbd33…fb3f
30M USDC Fixed Term Dec 16, 2026 47 days BTC $36.89M 123.0% 0x7669…e9a5
25M USDC Open Term Oct 31, 2026 1 day BTC $31.24M 124.9% 0x2793…fbde
Showing 1–10 of 24 Page 1 of 3
Collateral 169.7% collateralized
4 assets $1.52B
Asset Amount Value
BTC 15,570 $1.2B
XRP 142,766,086.05 $177.72M
ETH 42,205.29 $94.39M
WBTC 620 $47.93M
Collateral wallets · 37
Showing 1–4 of 37 1 / 10
$16.19M US Treasuries Short-duration US Treasury bills Show Details
Strategy AUM % of strategy Address
PYUSD $16.19M 100.0% 0xe7F0…657b
$20.05M DEX LP Liquidity provided to onchain exchange pools Show Details
Strategy AUM % of strategy Address
Orca · Solana $10.02M 50.0% GNHCaF…Jkx5
Uniswap · Ethereum $4.01M 20.0% 0x2570…3e08
Uniswap · Monad $3.51M 17.5% 0x2570…3e08
Uniswap · Arc $1M 5.0% 0x2570…3e08
Uniswap · Arbitrum $1M 5.0% 0x2570…3e08
Other · Base $501.22K 2.5% 0x2570…3e08
$9.19K Idle Cash Unallocated cash sitting in the pool contract Show Details
Strategy AUM % of strategy Address
Pool cash $9.19K 100.0% 0x80ac…cc0b