Logo of Magik FarmMagik Farm(MAGIK)
Total Value Locked$1,745.73

TVL by Chain

Avalanche$1,139.58

BSC$269.88

Cronos$211.94

Fantom$67.69

Dogechain$43.93

Aurora$12.66

Polygon$0.05

Heco$0

Celo$0

Moonriver$0

Harmony$0

Arbitrum$0

Protocol Information

Magik Farm is a decentralized, multi-chain all in one yield optimizer catered to the specific needs of elastic supply defi protocols and their investors. It provides its users an array of automated yield and profit taking strategies, while maximizing compound interest and deflating those tokens' underlying supply

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Category:Yield Aggregator

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Beefy ($112.82m)Autofarm ($5.99m)Pickle ($4.82m)vfat.io ($27.07m)Superform ($16.51m)Badger DAO ($13.02m)Clovis ($225,257.13)BIM Yield ($195,197.18)Mushrooms Finance ($31,442.53)Matrix Farm ($7,066.84)

Frequently Asked Questions

What is Magik Farm's TVL?

Magik Farm currently has $1,745.73 in total value locked. TVL has decreased 3.3% over the past 30 days.

What chains does Magik Farm operate on?

Magik Farm operates on 12 chains: Heco, Celo, Moonriver, Harmony, and Arbitrum and 7 others. Avalanche holds the largest share at 65.3%.

How does Magik Farm's TVL compare to similar protocols?

Among Yield Aggregator protocols tracked by DefiLlama, Magik Farm ranks #130 by TVL. The category holds $1.383b across 196 protocols, and Magik Farm accounts for <0.1% of that total. Other leading protocols include Beefy, Autofarm, Pickle, vfat.io, Superform, Badger DAO, Clovis, BIM Yield, Mushrooms Finance, and Matrix Farm.