Maple Finance's native token, $SYRUP , has recently experienced significant developments, leading to increased market activity and investor interest.
📈 Market Performance :
As of May 7, 2025, $SYRUP is trading at approximately $0.21 USD, reflecting a 36% increase over the past 24 hours and a 67% rise compared to a week ago. The token reached an all-time high of $0.27 USD on May 6, 2025. The current market capitalization stands at around $252.75 million USD, with a 24-hour trading volume exceeding $100 million USD.
🏦 Major Exchange Listings :
On May 6, 2025, Binance announced the listing of SYRUP, opening trading pairs such as SYRUP/USDT and SYRUP/USDC. Additionally, Binance has integrated SYRUP into various services, including:
Simple Earn: Offering flexible savings products.
Buy Crypto: Enabling purchases via credit/debit cards and other payment methods.
Binance Convert: Allowing zero-fee conversions between SYRUP and other cryptocurrencies.
Margin Trading: Introducing SYRUP as a borrowable asset with cross and isolated margin options.
Futures Trading: Launching SYRUP perpetual contracts with up to 75x leverage.
These integrations have significantly enhanced SYRUP's accessibility and liquidity in the market.
🗳️ Governance Proposal :
Maple Finance has introduced MIP-016, a proposal aiming to continue allocating 20% of protocol fees to SYRUP stakers. If approved, this initiative would sustain the monthly SYRUP token buyback program, enhancing staking rewards and reinforcing the token's value proposition.