Trading activity:
Reported 24-hour volume equals 0.11% of market capitalization. The local markets snapshot lists PancakeSwap V3 (BSC), PancakeSwap V3 (Arbitrum) and THENA among venues with observed trading activity.
YearBull indicators:
YearBull Rank #3,438. Bull Score 52/100.
YB Market Risk Low. This relative market-volatility label is not an investment-safety assessment.
Cycle Early. Observed price change: 24h -0.23% · 7d -3.03% · 30d -26.54%.
Values are descriptive and should be read together rather than as a price forecast.
Read the YearBull methodology.
Snapshot date: 2026-10-27.Data history: 90 days available in the latest 90-day window.
Methodology responsibility:
YearBull’s analytical methodology and presentation rules are developed and maintained by
Alan Zelvin, Founder & Lead Crypto Researcher.
This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.
What is Magpie (MGP)?
Source description
“Magpie XYZ is a platform built on BNB Chain to boost yields for liquidity providers and governance token holders of veTokenomics protocols. veTokenomics, introduced by Curve, is a tokenomics model in which users must lock the governance token to veToken (vote-escrowed token) for a fixed period of time to increase their voting power and claims on a protocol's governance token emissions. This helps the protocol to control the governance token inflation and distribute more governance tokens to long-term holders. However, veTokenomics still have room for improvement and many veTokenomics protocols face the following issues: - Limited user base - The requirement to buy & lock governance tokens prevents many risk-averse liquidity providers to participate. - Limited income for veToken holders - veToken holders can earn zero or limited passive income. - Expensive voting power - Voters must buy and lock governance tokens in order to gain voting rights. Magpie XYZ offers a solution that helps the veTokenomics protocols to solve the above issues. Essentially the platform incentivizes governance token holders and liquidity providers to pool their assets together so that the platform can acquire governance tokens, convert into veTokens, boost yield for liquidity providers, and in return share part of protocol revenues derived from liquidity providers’ boosted profits back to governance token holders. Magpie XYZ helps veTokenomics protocols to: - Get a diverse user base - Risk-averse liquidity providers can get boosted yield without the need of holding veToken. - Increase income for veToken holders - veToken holders can share part of Magpie XYZ’s revenue.”
This source-supplied description may contain old, promotional, or unverified claims and is not YearBull editorial analysis.
Recorded networks: Binance Smart Chain, Arbitrum One
Official links and contract records appear in Key Facts. Project details can change, so verify current information with the project.
Magpie (MGP) FAQ
How does Magpie XYZ address barriers in veTokenomics protocols?
The project describes veTokenomics protocols as systems where users lock governance tokens into vote-escrowed tokens to gain voting power and access to emissions. Magpie XYZ positions itself as a way to reduce the need for each liquidity provider to buy and lock governance tokens directly, while helping participating protocols reach users who may otherwise avoid that requirement.
How does Magpie XYZ connect liquidity providers with governance token holders?
Magpie XYZ states that it pools assets from liquidity providers and governance token holders. According to the project, the platform can use those pooled assets to acquire governance tokens, convert them into vote-escrowed tokens, and support boosted liquidity-provider yields. It then describes sharing part of protocol revenues derived from those boosted profits with governance token holders.
What potential benefit does Magpie XYZ describe for liquidity providers?
The project presents Magpie XYZ as a way for risk-averse liquidity providers to pursue boosted yields without directly holding or locking a veToken. This approach is intended to let them participate in the economics of veTokenomics protocols while avoiding the upfront purchase and fixed-period lockup of the underlying governance token, subject to the platform’s stated operating model.
How does Magpie XYZ describe its benefits for veToken holders?
Magpie XYZ states that veToken holders may receive a share of the platform’s revenue. The project links this revenue to profits generated by boosted liquidity-provider activity, presenting the arrangement as a potential source of additional income for governance token holders who otherwise might earn limited or no passive income from their locked positions.
How does Magpie XYZ seek to make voting rights more accessible?
The project describes its accumulated veToken balance as a resource that can help lower the cost of obtaining voting power in veTokenomics protocols. Rather than requiring every participant to purchase and lock governance tokens independently, Magpie XYZ positions its pooled approach as a way to leverage sufficient veToken holdings for more cost-effective access to protocol governance.
Which integrations does Magpie XYZ identify in its stated expansion plans?
Magpie XYZ says it began with an integration involving Wombat Exchange and identifies PancakeSwap as an example of a veTokenomics protocol it may expand to. These statements describe the project’s stated integration direction rather than confirming the availability, scope, or status of every planned deployment.
Magpie metric comparison
This comparison is a stored snapshot generated 2026-10-22 06:31 UTC from 291 daily observations available from 2025-12-30 through 2026-10-22. It is separate from the latest analytical cards above. Percentiles compare the snapshot value with that day's analytical universe; a higher percentile means a larger observed value, not necessarily a better investment characteristic.
Metric
Snapshot
30d before
90d before
Change vs 30d
Universe percentile
Price
$0.00159407
$0.00220778
$0.00156284
-27.8%
n/a
Market cap
$917.0K
$1.27M
$899.0K
-27.8%
P63.9
YearBull Rank
#3,967
#658
#5,256
Lower by 3,309
P53.5
Bull Score
47/100
67/100
30/100
-20.0 pts
P43.7
Turnover
0.16%
1.02%
0.17%
-0.9 pts
P35.2
YB Market Risk
Low
Low
Low
Unchanged
n/a
Cycle
Early
Early
Early
Unchanged
n/a
Median absolute daily movement 1.84%; distance from the highest local daily price -86.8%; circulating supply change +1.3%. These measurements are descriptive and do not predict future direction.
YearBull Rank overview
YearBull Rank now for magpie: #3438.
Rank timeline (last 365 days)
Rank movement (time windows).
Reading rule: lower numbers mean higher placement.
7d window (2026-10-20): #3076 → #3438 (down by 362).
30d window (2026-09-27): #1078 → #3438 (down by 2360).
YearBull Rank is an internal ordering on YearBull that positions a coin relative to the rest of the tracked universe. Lower values mean higher placement in the YearBull ordering. It is meant for comparison and tracking, not certainty.
Stability posture: the same move can be stable in one market and fragile in another.
Flow read: peer movement can shift relative placement even without news.
Venue angle: improvement with higher churn can be a rotation phase.
Market phase: a single week rarely defines a phase on its own.
Editorial note:
This analysis was prepared by the YearBull research team under the direction of
Alan Zelvin,
Founder and Lead Crypto Researcher.
The assessment follows YearBull’s internal research methodology and editorial standards.
Methodology ·
Editorial Policy
Related Research
Continue with contextually connected profiles and category data:
Stored venue snapshot. Markets last checked: 2026-07-26. Updated on a rolling basis; no fixed refresh date is promised. Venue listings and volumes are stored snapshots, not live quotes.
