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Ask about Magpie Ecosystem
Logo of Magpie EcosystemMagpie Ecosystem(MGP)
Total Value Locked$14.46m

TVL by Chain

Arbitrum$7.65m

Ethereum$4.29m

BSC$2.48m

Hyperliquid L1$32,223

Sonic$679

Plasma$571

Base$448

OP Mainnet$92

Berachain$6

Zircuit$0

Key Metrics

Fees (Annualized)$2.62m
Fees 30d$303

Arbitrum$263

BSC$28

Ethereum$12

Fees 7d$46

Arbitrum$38

BSC$7

Ethereum$1

Fees 24h$0

Arbitrum$0

BSC$0

Ethereum$0

Cumulative Fees$17.83m

Arbitrum$9.4m

BSC$4.52m

Ethereum$3.91m

Revenue (Annualized)$2.1m
Revenue 30d$179

Arbitrum$139

BSC$28

Ethereum$12

Revenue 7d$32

Arbitrum$24

BSC$7

Ethereum$1

Revenue 24h$0

Arbitrum$0

BSC$0

Ethereum$0

Cumulative Revenue$12.15m

Arbitrum$6.71m

BSC$4.23m

Ethereum$1.21m

Holders Revenue (Annualized)$1.99m
Holders Revenue 30d$142

Arbitrum$130

Ethereum$12

BSC$0

Holders Revenue 7d$24

Arbitrum$23

Ethereum$1

BSC$0

Holders Revenue 24h$0

Arbitrum$0

BSC$0

Ethereum$0

Cumulative Holders Revenue$6.58m

Arbitrum$5.15m

Ethereum$1.18m

BSC$239,423

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$2.1m

$179

$32

$0

$12.15m

Staked$1.26m

$MGP Liquidity$934,983

PancakeSwap AMM V3$934,983

Treasury$854,760.35

$0

Stablecoins$274,819.84

Own Tokens$242,278.97

Others$337,661.54

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

Category:Yield

Yields

Pools Tracked2

Average Supply APY8.21%

Methodology

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

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

Competitors

Frequently Asked Questions

What is Magpie Ecosystem?

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

What is Magpie Ecosystem's TVL?

Magpie Ecosystem currently has $14.46m in total value locked. TVL has decreased 7.8% over the past 30 days.

What chains does Magpie Ecosystem operate on?

Magpie Ecosystem operates on 10 chains: BSC, Arbitrum, Ethereum, Hyperliquid L1, and Sonic and 5 others. Arbitrum holds the largest share at 52.9%.

How much has Magpie Ecosystem generated in fees and revenue?

Over the past 30 days, Magpie Ecosystem generated $303 in fees. Of that, $179 was protocol revenue. Based on the trailing year, the annualized rate is $2.62m in fees and $2.1m in revenue.

Which protocols are included in Magpie Ecosystem?

Magpie Ecosystem is a parent protocol whose tracked products include Radpie, Penpie, Eigenpie, Wompie, and Cakepie and 1 others.

How many yield pools does Magpie Ecosystem have?

DefiLlama tracks 2 Magpie Ecosystem yield pools with an average APY of 8.2%.

Does Magpie Ecosystem have a treasury?

Magpie Ecosystem has a tracked treasury currently valued at $854,760.35. Its holdings include $274,819.84 in stablecoins, $242,278.97 in its own tokens, $337,661.54 in other assets.

Has Magpie Ecosystem ever been exploited?

Magpie Ecosystem has 1 recorded security incident. The most recent incident occurred on Sep 3, 2024 and involved $27m. It was classified as Protocol Logic.