Magpie Protocol Revenue
Track how Magpie protocol revenue flows to MGP holders through fees, buybacks, and value accrual mechanisms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
Track how Magpie protocol revenue flows to MGP holders through fees, buybacks, and value accrual mechanisms.
Key questions and answers about Magpie revenue, fees, and token value accrual
Magpie generated $17.8M in gross revenue from Feb 2024 to Jul 2026 (862 days), with $12.2M retained as net revenue. $6.6M accrued to MGP token holders.
This averages $$20.7K in daily gross revenue across the tracked period.
No, Magpie does not currently burn MGP tokens. The protocol does not employ a buy-back-and-burn or direct token burn mechanism.
The protocol generates fees from user activity, with a portion distributed back to MGP holders.
In 2026, Magpie generated $380.9K in gross revenue. Of that, $251.2K was distributed to token holders, $18.4K was retained as protocol revenue (treasury), $111.3K went to supply-side participants (e.g. liquidity providers).
Year-by-year revenue breakdown:
Magpie's gross revenue has decreased by 91.8% over the past 90 days compared to the prior 90-day period, from $258.1K to $21.1K.
