Catenaa, Saturday, July 05, 2025-Decentralized lending protocol Maple Finance has integrated EtherFi’s restaking token weETH as collateral, enabling qualified borrowers to secure USDC loans while earning additional ETHFI rewards.
The move marks a key expansion in the use of restaked assets within institutional credit markets.
Under the integration, borrowers can access overcollateralized loans backed by weETH through Maple’s onchain credit platform.
Each loan will require a minimum size of $5 million, carry a two-month term, and offer a limited-time 2% APY rebate in ETHFI for the first $50 million in issued loans, the company announced Monday.
Maple, launched on Ethereum in 2021, connects crypto borrowers with institutional lenders using tokenized credit pools.
The firm has positioned itself as a leading provider of blockchain-native credit facilities and aims to normalize the use of yield-bearing assets like weETH in capital markets.
Maple CEO Sid Powell said the move reflects a broader shift in DeFi, where restaked assets are playing an increasingly central role in collateral structures.
“Staking is not just a yield source, but a foundation for the next generation of credit markets,” Powell said in the release.
EtherFi’s weETH is one of DeFi’s most heavily utilized assets, with a circulating supply of $5.3 billion.
About 75% is already deployed as collateral in major protocols such as Aave, making it a natural fit for Maple’s institutional credit offerings.
