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The narrative of the stablecoin sector is still evolving - from USDC to Maple Finance, and now to the on-chain yield pool provided by SYRUP, offering an annualized return of about 7%.
At the beginning of this year, the total locked value of SYRUP was only $500 million, with an original target of reaching $4 billion by the end of the year. However, this target was achieved ahead of schedule in September. The team did not stop there and immediately set a new target of $5 billion. Even more remarkable is its revenue performance: in October, monthly revenue surged from $300,000 to nearly $3 million, with 25% being returned to the community to further incentivize ecological development.
In such a market environment, the fact that SYRUP can deliver such results indicates that it is not simply following market trends, but has genuinely built its own sustainable growth wheel. The achievement of exceeding expectations also suggests that, during this bull market cycle, SYRUP's value story clearly has more chapters waiting to be written.
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