defirisk.co
rubric v1.7.0

Liquidity depth per major asset

Maple Finance's assessment for RD-F-065 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Pool assets are USDC/USDT (highly liquid). Secondary market DEX depth for syrupUSDC: $10M total ($5M Uniswap + $5M Balancer) against $2.09B TVL = ~0.48% depth (refreshed 2026-05-07). Protocol-level withdrawal buffer scaling with utilization (~85% range) — thin but non-zero; relies on loan repayments and idle liquidity for queue redemption.

Detail #

Pool-held assets (USDC, USDT) are deeply liquid stablecoins; on-chain liquidation of collateral (BTC, ETH) would go through institutional custodians (Anchorage, BitGo, Copper) with concentration limits applied. For retail depositors, syrupUSDC secondary market depth is $10M on DEX pools — inadequate for mass redemption. Protocol-level queue redemption relies on loan repayments and idle liquidity. 85.38% utilization leaves ~$248M available. Score: yellow (2-9% of TVL band for on-chain secondary depth).

Sources #

Methodology #

Measure on-chain liquidity depth for protocol-held assets at 2% and 5% price impact in USD.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol maple-finance factor RD-F-065 score yellow collected_at 2026-04-27 05:38:08