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Maple Finance is a leading onchain asset manager offering institutional products across secured lending, structured products, and institutional staking. Maple blends DeFi efficiency with the underwriting standards and custody solutions expected by sophisticated capital allocators. To benchmark syrupUSDC’s performance and display competitive yields transparently, Maple integrated the vaults.fyi API as both a market intelligence tool and an independent, third-party data source.

The Challenge: Benchmarking Yield and Building Investor Trust

For institutional asset managers, context matters. Investors want to know how yields compare to other available opportunities — and they need confidence that the numbers aren’t self-reported. Maple faced two specific challenges:
  • Competitive benchmarking: Accessing real-time stablecoin yields across DeFi to measure syrupUSDC’s performance against the market.
  • Independent validation: Displaying externally sourced APY data to reduce reliance on self-reported metrics and build investor trust.
Without a standardized, comprehensive DeFi yield dataset, solving both would have required significant development and ongoing data sourcing effort.

The Solution: Third-Party Yield Data from vaults.fyi

By integrating vaults.fyi, Maple Finance now has:
  • Real-time benchmarks — live comparison of syrupUSDC against leading stablecoin vaults across DeFi.
  • Independent APY validation — third-party metrics that transparently display syrupUSDC’s performance without relying on internal figures.
  • Historical yield tracking — time-series data to analyze syrupUSDC’s competitiveness over time.
The integration was completed in days, enabling Maple to streamline performance monitoring and confidently surface independent data to investors. Maple published yield comparisons using vaults.fyi onchain data in their Maple Yield Performance 2024 report.

Why Independent Validation Matters

Using a third-party data source signals to investors that Maple isn’t grading its own homework. As vaults.fyi aggregates yield data directly from onchain sources using a consistent methodology, the numbers displayed on Maple’s platform carry independent credibility — the same standard institutional investors expect in traditional finance. This approach aligns Maple with an emerging practice in DeFi: leveraging neutral, onchain-based data providers to validate performance rather than relying solely on protocol-reported figures. Key outcomes:
  • Instant market context for benchmarking syrupUSDC against competing vaults.
  • Third-party APY data that builds user and investor trust.
  • No custom data infrastructure to build or maintain.
  • Integration completed in days rather than weeks.

Looking to benchmark your protocol’s yield against the DeFi market? Get API access to explore the benchmarks and market data endpoints Maple uses.