why / syrup

Why is Maple Finance down today?

−7.67% 24h
Short answer

Maple Finance (SYRUP) is down 7.7% in the last 24 hours, trading at $0.1543. Trading volume is running at 2.1× its 30-day average. Its sector, Decentralized Finance (DeFi), is −6.0% today.

· from live market data
SYRUP 24h−7.67%
Whole market 24h−4.73%
Bitcoin 24h−5.14%
Link to BTC (30d)0.57
Volume vs normal2.1×
Decentralized Finance (DeFi) sector−6.01%
signals

What is moving Maple Finance

Strongest signals first.

Trading volume is 2.1× normal

At today's pace, SYRUP trades about 2.1 times its 30-day average volume. Heavy volume means many traders are acting on the move, which makes it more meaningful.

The Decentralized Finance (DeFi) sector is down

Maple Finance is part of the Decentralized Finance (DeFi) sector, which is −6.0% today. SYRUP is moving with its sector.

Decentralized Finance (DeFi) sector →

Doing worse than the market

The total crypto market is −4.7% in 24 hours. SYRUP is −7.7%, 2.9% worse than the market, so part of the move is specific to Maple Finance.

Why is the crypto market moving? →

Partly follows Bitcoin

Over the last 30 days, SYRUP's daily moves had a 0.57 correlation with Bitcoin (1 means identical direction). A moderate link. Bitcoin is −5.1% today.

Bitcoin price →

Weak month

SYRUP is −20% this week and −33% over 30 days, so today's move continues the monthly trend.

Market mood: Fear (30)

The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.

Fear & Greed Index →
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Liquidations, funding and open interest

See whether leveraged traders are being forced out of SYRUP positions right now, on the chart, in the Blockdeck app.

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Keep exploring Maple Finance

faq

Questions

Why is Maple Finance down today?

Maple Finance (SYRUP) is down 7.7% in the last 24 hours, trading at $0.1543. Trading volume is running at 2.1× its 30-day average. Its sector, Decentralized Finance (DeFi), is −6.0% today.

Will Maple Finance go back up?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: SYRUP is −19.68% over 7 days and −32.70% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.

How is this explanation made?

From measured market data, refreshed every few minutes: the whole market's move, SYRUP's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.

Explanations are built from market data and are not financial advice.