Magpie Protocol
  • Magpie Protocol
    • What is Magpie solving?
      • What is DeFi?
    • Magpies Key Features
      • Use Cases
    • FLY
      • xFLY & FLY33
  • 📶Supported Networks
  • Guides
    • 📖Glossary of DeFi Terms
    • 👜Connect Wallet
    • 🔄On-Chain Swap
    • 🔀Cross-Chain Swap
    • 🔂Swap configuration
    • 🥚Magpie Boosts
    • 📒Transaction History
    • 💲Portfolio
  • Media Kit
  • 👩‍💻Developers
    • Magpie Contracts
      • MagpieCCTPBridge
      • MagpieCelerBridgeV2
      • MagpieRouterV3
      • MagpieStargateBridgeV3
      • LibAsset
      • LibBridge
      • LibRouter
    • Smart Contracts Audit
    • Deployments
    • API Reference
      • On chain swap
      • Cross chain swap
      • Requesting and Using API Key
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  • Magpie Connects
  • Magpie Leverages
  • Magpie Integrates
  • Magpie Unifies

Magpie Protocol

NextWhat is Magpie solving?

Last updated 11 days ago

The world of blockchain technology continues to rapidly evolve and spread to more blockchains, we believe that interoperability between blockchains is vital for the growth and development of the DeFi ecosystem. As such, Magpie Protocol can serve as a powerful tool, my acting as the execution and infra layer for DEXs, LSTs, and chains, facilitating swaps and enabling seamless integration between blockchains.

Magpie Connects

Magpie serves as a sort of flightpath for the flock, introducing users to multiple blockchain networks and their corresponding protocols and features.

Magpie Leverages

Magpie harnesses the liquidity from existing DEXs and bridge liquidity pools, both within chain and cross-chain.

This greatly reduces fragmentation and maximizes liquidity usage, resulting in improved market depth, cost-efficiency, reduced slippage, and better pricing on assets. The more liquidity networks we aggregate, the better our order router becomes. We're able to find the best deal on assets in real time, while ensuring that liquidity providers on these protocols continue to benefit.

Magpie Integrates

The integration of multiple protocols through Magpie brings together the strengths of each, creating a more user-friendly and robust DeFi experience.

For cross-chain, Magpie streamlines the process by using bridges and their messaging layers so users can trade assets cross-chain seamlessly, unlocking a broader range of investment or trading opportunities, without the need to use stablecoins or native assets.

For on-chain, Magpie's advanced aggregation and routing algorithm ensures that all users are getting the best prices available in DeFi.

Magpie Unifies

These all represent a significant step towards realizing the full potential of DeFi's growth and a multichain future. By connecting users to new blockchains, leveraging liquidity networks, and integrating different blockchain protocols, we pave the way for increased collaboration, innovation, and seamless, user-friendly transactions across all blockchains.

As the DeFi landscape continues to evolve, Magpie will be here to be sure to create a more interconnected, efficient, and user-focused DeFi.