# Maple Institutional Total value locked Methodology

## 1. Overview

Total value locked (TVL) is calculated as the total value of assets deposited into Maple Institutional pools. It is utilized as a leading indicator for the scale of institutional lending activity and capital efficiency within the protocol. The sum of pool assets and borrower collateral is represented by this metric, reflecting the total assets under management (AUM) for Maple Institutional. These assets are tracked to assess the protocol's capacity to generate interest and facilitate institutional borrowing.

## 2. Data sources

- **Off-chain data**: Sourced from a historical backfill dataset (for data prior to February 12, 2026) and the Maple API (for data on or after February 12, 2026), covering Ethereum
- **Asset metadata**: Decimal precision values used to normalize raw asset balances, covering Ethereum

## 3. Step-by-step calculation

### Component A: Historical backfill ingestion for Maple Institutional

- **Purpose**: Capture historical TVL data prior to February 12, 2026
- **Logic**: TVL data is extracted from a historical backfill dataset for dates before February 12, 2026. These historical values are already denominated in USD and are mapped to specific pool addresses.
- **Key fields**: `timestamp`, `account_address` (pool address), `tvl` (USD value)

### Component B: API data ingestion for Maple Institutional

- **Purpose**: Capture real-time and ongoing TVL data from February 12, 2026 onward
- **Logic**: Raw TVL values are extracted from the Maple API for dates on or after February 12, 2026. The raw values are normalized by dividing by the asset's decimal precision to obtain the asset-denominated TVL.
- **Key fields**: `timestamp`, `account_address` (pool address), `decimals`, `tvl_raw`

### Component C: Maple Institutional product mapping and aggregation

- **Purpose**: Map pool-level TVL to Maple Institutional and aggregate daily values
- **Logic**: Pool addresses from both the historical backfill and the API dataset are joined with a product mapping dimension table. Only pool addresses associated with Maple Institutional are included, while other products are excluded from this specific calculation. The normalized TVL values are aggregated by day, chain, and product. A fill-forward strategy is applied to handle any missing days and ensure a continuous daily time series.
- **Key fields**: `product_id` (filtered for Maple Institutional), `tvl`

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Total value locked (TVL)

Total value locked (TVL) — value deposited into the project's applications.

Total value locked

Lending

Pool delegates create a pool and attract funding, from which they receive a portion of the establishment fee and the interest accrued. Liquidity providers add liquidity to the pool and receive a portion of the interest (supply-side fees).

Maple is a non-custodial lending protocol built on Ethereum offering undercollateralized loans for institutional borrowers. Maple was founded by Sid Powell and Joe Flanagan and launched in 2021.

MPL token holders govern and own the protocol. They currently take a cut of the establishment fee (revenue). Maple’s investors include Framework Ventures, One Block Capital, Stani Kulechov etc.

Maple Institutional

Total value locked

Total value locked

Chain breakdown