MAGPIE Permission-less Lending
$0.0001
$0.062164
(0.16%)
Mkt Cap$133,148.00
Vol11,834.89
About Permission-less Lending
Magpie Capital is a permission-less lending protocol on Solana. The protocol allows users to deposit memecoin or tokenized-stock collateral and borrow SOL against it, with on-chain liquidation enforcement when collateral value falls below the loan threshold. The protocol includes an on-chain credit oracle that tracks wallet repayment history and adjusts loan-to-value caps, fees, and durations based on demonstrated borrower behavior. Borrowers with positive repayment history can access higher LTV caps and longer durations than first-time borrowers. The $MAGPIE token is the protocol's reward asset. Ten percent of every loan fee is distributed in SOL to $MAGPIE holders on a randomized five-to-ten-day cadence. Distributions occur as direct transfers to holder wallets and require no claim transaction. Tokens deposited as collateral within the protocol remain eligible for distributions. A paid agent API built on the x402 standard allows automated systems and AI agents to query protocol data and submit transactions without API keys. $MAGPIE launched on pump.fun in March 2026 with one hundred percent of supply allocated to the bonding curve. There was no team allocation, presale, or vesting schedule. The mint authority and freeze authority were revoked at graduation. As of mid-2026, the protocol has originated more than 450 loans across over 2,700 unique wallet addresses, with a lifetime liquidation rate below 1.5 percent. Live protocol statistics are published at magpie.capital/api/v1/stats. The protocol is operated by an anonymous founder. All code is open-source at github.com/magpiecapital. Any wallet can interact with the contract without identification or whitelisting.
Bullish/Bearish Forum Sentiment
Indicates whether most users posting on a crypto’s stream over the last 24 hours are bearish or bullish.
0
25
50
75
100
Extremely
Bearish
Neutral
Bullish
Extremely
Bearish
Bullish
N/A
Last score
N/A
1 day ago
Sign Up / Log In
1 week ago
Sign Up / Log In
1 month ago
Sign Up / Log In
3 months ago
Sign Up / Log In
6 months ago
Sign Up / Log In
1 year ago
Sign Up / Log In
Message Board Activity
Measures the total amount of chatter on a stream over the last 24 hours.
0
25
50
75
100
Extremely
Low
Normal
High
Extremely
Low
High
N/A
Last score
N/A
1 day ago
Sign Up / Log In
1 week ago
Sign Up / Log In
1 month ago
Sign Up / Log In
3 months ago
Sign Up / Log In
6 months ago
Sign Up / Log In
1 year ago
Sign Up / Log In
Discussion Diversity
Measures the number of unique accounts posting on a stream relative to the number of total messages on that stream.
0
25
50
75
100
Extremely
Low
Normal
High
Extremely
Low
High
N/A
Last score
N/A
1 day ago
Sign Up / Log In
1 week ago
Sign Up / Log In
1 month ago
Sign Up / Log In
3 months ago
Sign Up / Log In
6 months ago
Sign Up / Log In
1 year ago
Sign Up / Log In
Details
Links
Categories
Decentralized Finance (DeFi)Lending/Borrowing ProtocolsPump.fun EcosystemSolana EcosystemSolana Token-2022
Date
Market Cap
Volume
Close
September 03, 2026
$133,149.46
$11,834.97
---
September 03, 2026
$142,646.47
$10,081.06
---
September 02, 2026
$142,694.37
$11,674.15
$0.0001
September 01, 2026
$161,161.24
$8,737.98
$0.0002
August 31, 2026
$160,139.99
$19,424.73
$0.0002
August 30, 2026
$189,641.60
$14,334.12
$0.0002
August 29, 2026
$210,356.58
$27,640.79
$0.0002
August 28, 2026
$229,253.76
$45,077.44
$0.0002
August 27, 2026
$306,828.63
$14,710.36
$0.0003
August 26, 2026
$356,743.56
$13,632.68
$0.0004
Fundamentals
50
Neutral Sentiment
How do you feel about MAGPIE?
