Crypto lender Maple Finance expands support to Solana

Cointelegraph

Published Apr 25, 2022 09:58PM ET

Updated Apr 25, 2022 11:40PM ET

Crypto capital markets platform Maple Finance has expanded support to the Solana blockchain and has deployed a $45 million fund to spur ecosystem growth.

Maple provides undercollateralized loans for institutional borrowers on Ethereum (ETH) and now Solana (SOL) from several pool delegates. The project stated in an Apr. 25 blog post that it has already “originated over $1.2 billion in loans and currently count over $900 million in TVL to the platform.”

The X-Margin lending pool on Maple’s Solana app.

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