Proof of reserves

Independent verification that syrupUSDC's reserves back its deposits.

Assets Under Management$2.4B
APY vs benchmark
5.1%syrupUSDC
4.6%Benchmark
syrupUSDC APY
USD benchmark rate
Deposits$919.47M
Deposit allocation
$919.47M Total deposits
  • Overcollat. Lending 96.3% · $885.16M
  • DEX LP 2.2% · $20.03M
  • Idle Cash 1.5% · $14.28M

AUM Breakdown

What syrupUSDC deploys into. Values are syrupUSDC's share of each strategy, including accumulated yield.

$2.36B Overcollateralized Lending Loans to institutional borrowers, backed by collateral Collat. Assets: BTCXRPETHWBTC Collat. Ratio · 167.2% Show Details
24 loans $883.72M
200M USDC Fixed Term Apr 30, 2027 174 days BTC $367M 183.5% 0x7f11…5fd6
115M USDC Open Term Dec 22, 2026 45 days BTC $226.56M 197.0% 0x3b74…f7dd
100M USDC Open Term Nov 14, 2026 7 days BTC $151.33M 151.3% 0x0e8d…bb34
70M USDC Open Term Dec 22, 2026 45 days BTC $103.12M 147.3% 0xd244…31b9
55M USDC Fixed Term Dec 12, 2026 35 days XRP $96.34M 175.2% 0x1384…5772
41.61M USDC Fixed Term Dec 4, 2026 27 days XRP $69.04M 165.9% 0x0d7c…7733
33.5M USDC Open Term Nov 8, 2026 1 day WBTC $46.89M 140.0% 0x63ea…9287
33.5M USDC Open Term Nov 8, 2026 1 day BTC $44.26M 132.1% 0xbd33…fb3f
30M USDC Fixed Term Dec 16, 2026 39 days BTC $36.07M 120.2% 0x7669…e9a5
25M USDC Open Term Dec 5, 2026 28 days BTC $30.85M 123.4% 0x3414…ded8
Showing 1–10 of 24 Page 1 of 3
Collateral 167.2% collateralized
4 assets $1.48B
Asset Amount Value
BTC 15,472.89 $1.17B
XRP 142,766,086.05 $165.38M
ETH 42,339.29 $94.62M
WBTC 620 $46.89M
Collateral wallets · 36
Showing 1–4 of 36 1 / 9
$20.03M DEX LP Liquidity provided to onchain exchange pools Show Details
Strategy AUM % of strategy Address
Orca · Solana $10.02M 50.0% GNHCaF…Jkx5
Uniswap · Ethereum $4.01M 20.0% 0x2570…3e08
Uniswap · Monad $3.51M 17.5% 0x2570…3e08
Uniswap · Arc $1M 5.0% 0x2570…3e08
Uniswap · Arbitrum $1M 5.0% 0x2570…3e08
Other · Base $500.82K 2.5% 0x2570…3e08
$14.28M Idle Cash Unallocated cash sitting in the pool contract Show Details
Strategy AUM % of strategy Address
Pool cash $14.28M 100.0% 0x80ac…cc0b