$SYRUP USDC and $SYRUP USDT's dollar deposits have surpassed 2.2B, setting a new historical high.
In the past seven days, the SYRUP protocol has seen an average daily inflow of over 48 million dollars, with a total net inflow exceeding 340 million dollars. During the same period, the total net inflow of the closest competitor was negative.
syrupUSDC and syrupUSDT are ranked fifth and sixth in terms of assets under management (AUM) among yield-generating dollar assets, and they continue to rise. Maple is steadily moving towards becoming the standard for on-chain asset management.
From a technical perspective, SYRUP is currently in a corrective phase, which is quite normal; the altcoin market has basically seen a drop from its highs. After 1011, SYRUP quickly recovered above 0.4, indicating that it hasn't really dropped much, while other altcoins have mostly been halved. Therefore, it is normal for SYRUP to be in a corrective phase now, and there is no need to worry too much. Similarly, $MORPHO follows the same reasoning, but if you ask whether the fundamentals of these two projects have deteriorated? They have not; the fundamentals are still improving, but given the overall market environment, it's not possible to expect a decoupled performance. In the short term, SYRUP's level around 0.2 can be a suitable entry point, which is also where the last wave of market activity began.
