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Ask about Magpie Ecosystem
Logo of Magpie EcosystemMagpie Ecosystem(MGP)
Total Value Locked$16.43m

TVL by Chain

Arbitrum$7.67m

Ethereum$5.29m

BSC$3.41m

Hyperliquid L1$57,197

Sonic$695

Plasma$568

Base$410

OP Mainnet$83

Berachain$8

Zircuit$0

Key Metrics

Fees (Annualized)$3.12m
Fees 30d$2,633

Ethereum$1,504

Arbitrum$769

BSC$359

Fees 7d$720

Arbitrum$492

Ethereum$167

BSC$60

Fees 24h$258

Arbitrum$237

Ethereum$21

BSC$0

Cumulative Fees$17.83m

Arbitrum$9.4m

BSC$4.52m

Ethereum$3.91m

Revenue (Annualized)$2.5m
Revenue 30d$1,090

Arbitrum$664

Ethereum$304

BSC$125

Revenue 7d$511

Arbitrum$465

Ethereum$33

BSC$12

Revenue 24h$241

Arbitrum$237

Ethereum$4

BSC$0

Cumulative Revenue$12.15m

Arbitrum$6.71m

BSC$4.23m

Ethereum$1.21m

Holders Revenue (Annualized)$2.37m
Holders Revenue 30d$974

Arbitrum$616

Ethereum$304

BSC$58

Holders Revenue 7d$488

Arbitrum$442

Ethereum$33

BSC$12

Holders Revenue 24h$229

Arbitrum$225

Ethereum$4

BSC$0

Cumulative Holders Revenue$6.58m

Arbitrum$5.15m

Ethereum$1.18m

BSC$239,420

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$2.5m

Earnings 30d$1,090

Earnings 7d$511

Earnings 24h$241

Cumulative Earnings$12.15m

Staked$1.38m

$MGP Liquidity$934,983

PancakeSwap AMM V3$934,983

Treasury$878,090

Majors$0

Stablecoins$245,463

Own Tokens$296,217

Others$336,410

Total Raised$0

Sep 12, 2024Round: Seed and StrategicInvestors: Arbitrum Foundation, Robot Ventures, PancakeSwap, Relayer Capital, Gracy Chen, Sam Kazemian, Coinflip Canada, Angel Xu, Alex Esin, Matthew Howells-Barby, Matt Dobel, James Parillo, Akshat Vaidya

Protocol Information

Magpie is a Multi-chain DeFi platform providing Yield & veTokenomics boosting services

CategoryYield
WebsiteTwitter

Yields

Pools Tracked9

Average APY15.58%

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Wompie - Staking rewards collected from assets staked on Wombat ExchangeView code on GitHubPenpie - Total boosted PENDLE rewards from liquidity farming + Bribes from voting incentives on Pendle FinanceView code on GitHubRadpie - Staking rewards collected from assets staked on RadiantView code on GitHubCakepie - Staking rewards collected from assets staked on PancakeSwapView code on GitHub

Revenue:

Wompie - Staking rewards collected from assets staked on Wombat ExchangeView code on GitHubPenpie - Protocol revenue from boosted PENDLE rewards + Bribes from voting incentivesView code on GitHubRadpie - Staking rewards collected from assets staked on RadiantView code on GitHubCakepie - Staking rewards collected from assets staked on PancakeSwapView code on GitHub

Holders Revenue:

Penpie - 5% vlPNP holders + 12% mPENDLE Staking pool + 20% PRT mechanism + Bribes from voting incentivesView code on GitHub
Bribe Revenue: View code on GitHub

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Hacks

Date: Sep 3, 2024

Protocol: Penpie

Amount: $27m

Classification: Protocol Logic

Technique: Reentrancy

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol