Maple Finance SYRUP: record revenue, buybacks and a 47x P/E
Quote89 words
Bullish call$SYRUP−54%since this piece, moved against the callHow it played out ↓Explains why SYRUP outperformed in May: a record $750k revenue month, 20% of revenue to buybacks, AUM at an all-time high of $1.8B, TVL above $1B and an annualized P/E of 47. Sees much more upside as RWAs get tokenized.
Key claims
Record revenue of $750k in May
AUM $1.8B and TVL above $1B
Annualized P/E of 47
$SYRUP is among the top performers in May and RWA god @Moomsxxx has been calling for it all along.
Why is @maplefinance outperforming?
- Record-breaking revenue month: $750k (May ongoing)
- 20% revenue allocated to buybacks
- AUM hits all-time high: $1.8B
- TVL reaches new peak: surpassing $1B
- Annualized P/E ratio: 47 (based on latest monthly revenue)
Given we merely stand at the beginning of trillions of $$$ in real world assets being tokenized and moving onchain, much more to come here imo.
NFA but DYOR anon.
QUOTING @Moomsxxx
Find me a better chart than $SYRUP. While alts are down 5-10%, it keeps climbing up. It’s now trading at 2x since the last Tweet. Asset management on-chain 🥞 t.co/7QvH1INC4f t.co/yrT56Z1YP0
Find me a better chart than $SYRUP. While alts are down 5-10%, it keeps climbing up. It’s now trading at 2x since the last Tweet. Asset management on-chain 🥞 t.co/7QvH1INC4f t.co/yrT56Z1YP0
How the call played out · since 27 May 2025
Prices as of 23 Oct 2026This piece takes a view on $SYRUP, so that move is read against the call.
$SYRUPMaple FinanceBullish thesis
Much more upside for SYRUP as record revenue funds buybacks and trillions in real world assets move onchain.
−54%
Moved against the call · over 17 months
- At publication
- $0.419
- Now
- $0.193
- vs BTC
- −38%
- After 1 month
- +37%
- After 3 months
- −5.9%
- After 1 year
- −53%
- High since
- +49% 29 Jun 2025
- Low since
- −71% 26 Jun 2026
Since then
Zero has written 1 more piece on the same subject since this one.
- Maple Finance bull case: TVL from $570M to $3.2B and the SYRUP reratingBullish call on $SYRUP
Daily closes in USD from DefiLlama and Yahoo Finance. Only a bullish or bearish call in a thesis or market take is tracked; explainers, lists, maps and mentions are neutral context. Not financial advice.