Magpie (FLY)

Magpie protocol is a cross-chain liquidity aggregator that enables seamless cross-chain swaps with near-instant finality and cost efficiency on many of the top blockchains.

Seed Round $3 Million

Whitepaper Onepager

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What is Magpie

Magpie protocol is a cross-chain liquidity aggregator that enables seamless
cross-chain swaps with near-instant finality and cost efficiency on many of the
top blockchains, all without the need to bridge any assets, making for an
extremely fast, secure, easy, and gas efficient solution.

Magpie protocol incorporates a unique technical implementation that allows
execution of cross-chain swaps without the need for the user to bridge assets
from any of the top bridges. This saves time and cost by reducing the complexity
and security risks involved in using any of the bridging solutions to move assets
across chains.

Compared to other options in DeFi, when a user swaps using Magpie, they don’t
need to go to the corresponding bridge, learn how to use it, spend a bunch of
gas on transfers and time waiting, only to then have to go back to the DEX to make a swap. While in some ways similar to 0x, Paraswap, and 1inch, the
advantage of Magpie comes in its user experience, security, ease-of-use, and
speed, all while providing users with the best prices on tokens both within-chain
and cross-chain.