Maple Finance, a leading DeFi credit protocol, has officially surpassed BlackRock’s BUIDL fund in total assets under management. Recent data shows Maple's AUM has climbed to **$2.9 billion**, while BUIDL registered at $2.3 billion.
Maple Finance's AUM Achievements
Recent data indicates that Maple Finance’s assets under management have reached **$2.9 billion**. This achievement highlights a significant shift in investor sentiment, signaling growing trust in decentralized financial products and on-chain asset management platforms.
BUIDL Fund's Lag Behind BlackRock
BlackRock’s BUIDL fund, launched as a tokenized investment product on Ethereum, became one of the first major traditional finance entries into on-chain assets. While there was strong initial interest, the fund has not kept pace with the growth shown by decentralized competitors like Maple. Consequently, BUIDL now holds `$2.3 billion` in AUM—significant, but now second to Maple.
Growing Appeal of DeFi Asset Management
Maple Finance's success underscores a broader trend: investors are increasingly looking to decentralized platforms for more efficient, transparent, and high-yield opportunities. Maple’s flexible lending pools, smart contract integrations, and strong governance appeal to both institutional and retail investors.
The rising interest in decentralized financial products and on-chain asset management remains relevant. Maple Finance has established itself as a dominant player in this market, and the race for AUM leadership continues.