Institutional lending protocol Maple Finance's total active liquidity fell 82% to $58 million in Q4 from $326 million in Q3

Institutional lending protocol Maple Finance totaled $310,092 in revenue in Q4 2022, with actual expenses of $3,572,729, 26% over budget; Affected by FTX bankruptcy, $87 million in loans issued in Q4, down from $262 million in Q3 For US dollar loans, Maple's total active liquidity also decreased by 82% from $326 million in the third quarter to $58 million in the fourth quarter. Meanwhile, Maple has released Maple 2.0 on December 29, 2022, a new smart contract architecture that enables more efficient delivery of iterative development of new features, loan structures, and policies. On the basis of Maple 2.0, Maple proposes three strategic focus areas for 2023, including diversifying lending opportunities, attracting new and reputable representatives to join the platform, and building cutting-edge digital asset technology on Ethereum.