Logo of Magik FarmMagik Farm(MAGIK)

Total Value Locked$1,799

TVL by Chain

Avalanche$1,081

BSC$324.30

Cronos$263.86

Fantom$92.43

Aurora$37.23

Polygon$0.035

Dogechain$0

Harmony$0

Heco$0

Moonriver$0

Arbitrum$0

Celo$0

Protocol Information

Magik Farm is a decentralized, multi-chain all in one yield optimizer catered to the specific needs of elastic supply defi protocols and their investors. It provides its users an array of automated yield and profit taking strategies, while maximizing compound interest and deflating those tokens' underlying supply

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Category:Yield Aggregator

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Beefy ($111.79m)Autofarm ($6.3m)vfat.io ($36.96m)Pickle ($4.89m)Superform ($16.65m)Badger DAO ($13.05m)BIM Yield ($293,751)Clovis ($246,741)Mushrooms Finance ($32,319)Matrix Farm ($8,452)

Frequently Asked Questions

What is Magik Farm's TVL?

Magik Farm currently has $1,799 in total value locked. TVL has increased 1.7% over the past 30 days.

What chains does Magik Farm operate on?

Magik Farm operates on 12 chains: Avalanche, BSC, Cronos, Fantom, and Aurora and 7 others. Avalanche holds the largest share at 60.1%.

How does Magik Farm's TVL compare to similar protocols?

Among Yield Aggregator protocols tracked by DefiLlama, Magik Farm ranks #124 by TVL. The category holds $1.328b across 189 protocols, and Magik Farm accounts for <0.1% of that total. Other leading protocols include Beefy, Autofarm, vfat.io, Pickle, Superform, Badger DAO, BIM Yield, Clovis, Mushrooms Finance, and Matrix Farm.