Maple Finance's monthly revenue has reached a new all-time high. Compared to last November's monthly revenue of $2.1M, the latest data shows monthly revenue has grown to $2.49M, setting a new record. What's even more noteworthy is that the protocol's annualized revenue run rate (ARR) has reached the $25M scale. Behind these figures lies a recovery trend in the DeFi lending market — as market liquidity warms up and institutional participation increases, specialized lending protocols are experiencing significant growth in transaction volume. Maple Finance's vertical strategy of focusing on stablecoin lending appears to be paying dividends.