

Magpie
MGP Price
How is the price of Magpie (MGP) calculated?
The price of Magpie (MGP) is calculated in real-time by aggregating the latest data across 7 exchanges and 8 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
Magpie Price Chart (MGP)
1h | 24h | 7d | 14d | 30d | 1y |
---|---|---|---|---|---|
0.3% | 2.0% | 19.7% | 26.7% | 43.5% | 25.3% |
MGP Converter
Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$31,725,106 |
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
0.45 |
Market Cap / TVL Ratio
Ratio of market capitalization over total value locked of this asset. A ratio of more than 1.0 refers to its market cap being greater than its total value locked.
MC/TVL is used to approximate a protocol’s market value vs. the amount in assets it has staked/locked. |
0.04 |
Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$69,961,717 |
Fully Diluted Valuation / TVL Ratio
Ratio of fully diluted valuation (FDV) over total value locked (TVL) of this asset. A ratio of more than 1.0 means that the FDV is greater than its TVL.
FDV/TVL is used to approximate a protocol’s fully diluted market value vs. the amount in assets it has staked/locked. |
0.09 |
24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$271,073 |
Total Value Locked (TVL)
Capital deposited into the platform in the form of loan collateral or liquidity trading pool.
Data provided by Defi Llama |
$810,796,489 |
Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
453,463,794
https://gvms3dh2ltciizuwja7fdbfox40jjjbo.lambda-url.us-west-1.on.aws/
Est. Circulating Supply
453,463,794
|
Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
1,000,000,000 |
Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
1,000,000,000 |
MGP Historical Price
24h Range | $0.06850 – $0.07226 |
---|---|
7d Range | $0.06289 – $0.08837 |
All-Time High |
$0.2107
66.8%
Dec 18, 2024 (about 2 months)
|
All-Time Low |
$0.007893
787.0%
Feb 12, 2023 (almost 2 years)
|
How do you feel about MGP today?
What is Magpie about?
Magpie XYZ is a platform built on BNB Chain to boost yields for liquidity providers and governance token holders of veTokenomics protocols.
What makes Magpie unique?
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.
What's the history of Magpie?
Magpie XYZ starts from the integration with Wombat Exchange, and will expand to more veTokenomics protocols like PancakeSwap.
What can Magpie be used for?
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. - Lower the voting bar - Magpie XYZ provides a cost-effective way to acquire voting rights on veTokenomics protocols by leveraging sufficient veToken balance Magpie XYZ accumulated.
Where can you buy Magpie?
MGP tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Magpie is Ourbit, where the most active trading pair MGP/USDT has a trading volume of $178,323.74 in the last 24 hours. Other popular options include PancakeSwap V3 (BSC) and PancakeSwap V3 (Arbitrum).
What is the daily trading volume of Magpie (MGP)?
The trading volume of Magpie (MGP) is $271,073.04 in the last 24 hours, representing a 24.20% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for Magpie (MGP)?
The highest price paid for Magpie (MGP) is BTC0.052888, which was recorded on Dec 18, 2024 (about 2 months). Comparatively, the current price is -66.80% lower than the all-time high price.
What is the all-time low for Magpie (MGP)?
The lowest price paid for Magpie (MGP) is BTC0.062766, which was recorded on Feb 12, 2023 (almost 2 years). Comparatively, the current price is 787.00% higher than the all-time low price.
What is the market cap of Magpie (MGP)?
Market capitalization of Magpie (MGP) is BTC325.8976 and is ranked #918 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of MGP tokens (450 Million tokens are tradable on the market today).
What is the fully diluted valuation of Magpie (MGP)?
The fully diluted valuation (FDV) of Magpie (MGP) is BTC718.6849. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion MGP tokens are in circulation today. Depending on how the emission schedule of MGP tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Magpie compare against its peers?
With a price decline of -19.70% in the last 7 days, Magpie (MGP) is underperforming the global cryptocurrency market which is down -9.70%, while underperforming when compared to similar BNB Chain Ecosystem cryptocurrencies which are up 0.00%.
How to add Magpie (MGP) to MetaMask?
Adding Magpie (MGP) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import MGP as a token. You can copy MGP’s contract address (0xd06716e1ff2e492cc5034c2e81805562dd3b45fa) and import it manually, or if you've installed MetaMask's chrome extension, add MGP to MetaMask with one click on CoinGecko.
Add MGP to MetaMask.
Magpie Markets
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