This protocol includes unproductive positions that may contribute to inflated metrics. Be safe.

Ask about Magpie Ecosystem
Logo of Magpie EcosystemMagpie Ecosystem(MGP)
Total Value Locked$18.42m

TVL by Chain

Arbitrum$8.31m

Ethereum$6.38m

BSC$3.65m

Hyperliquid L1$73,571

Base$3,353

Sonic$717

Plasma$567

OP Mainnet$92

Berachain$11

Zircuit$0

Key Metrics

Fees (Annualized)$52,985
Fees 30d$4,343

Ethereum$3,164

BSC$676

Arbitrum$501

Fees 7d$740

Ethereum$552

Arbitrum$100

BSC$88

Fees 24h$115

Ethereum$96

BSC$19

Arbitrum$0

Cumulative Fees$19.99m

Arbitrum$9.4m

Ethereum$6.08m

BSC$4.51m

Revenue (Annualized)$12,066
Revenue 30d$989

Ethereum$629

BSC$291

Arbitrum$70

Revenue 7d$145

Ethereum$111

BSC$27

Arbitrum$7

Revenue 24h$30

Ethereum$19

BSC$11

Arbitrum$0

Cumulative Revenue$8.96m

BSC$4.07m

Arbitrum$2.96m

Ethereum$1.93m

Holders Revenue (Annualized)$9,321
Holders Revenue 30d$764

Ethereum$629

BSC$96

Arbitrum$38

Holders Revenue 7d$125

Ethereum$111

BSC$15

Arbitrum$0

Holders Revenue 24h$21

Ethereum$19

BSC$2

Arbitrum$0

Cumulative Holders Revenue$1.51m

Ethereum$912,381

Arbitrum$523,022

BSC$69,817

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$12,066

Earnings 30d$989

Earnings 7d$145

Earnings 24h$30

Cumulative Earnings$8.96m

Staked$1.3m

$MGP Liquidity$934,983

PancakeSwap AMM V3$934,983

Treasury$885,637

Majors$0

Stablecoins$245,368

Own Tokens$329,166

Others$311,102

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

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 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 rewardsView 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: 5% vlPNP holders + 12% mPENDLE Staking pool + 20% PRT mechanismView code on GitHub

Bribe Revenue:

Penpie - Bribes from voting incentivesView 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

Yields

Pools Tracked8

Average APY10.21%

Hacks

Date: Sep 3, 2024

Protocol: Penpie

Amount: $27m

Classification: Protocol Logic

Technique: Reentrancy

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol