Magpie — Permissionless lending protocol on Solana.
Live on Solana mainnet

MAGPIE ALLOCATION IS LIVE

Claim $MAGPIE
<10s
SOL in your wallet
1.5–3%
Flat fee · no surprises
223
Tokens you can borrow against
100%
Non-custodial &on-chain
Live 1 Liquidations · 33 Loans · 24h · 33.2 SOL Borrowed · 24h · 2,357 Users · verify →
Built with
Solana
Anchor
Jupiter
tokens.xyz
Telegram

Magpie is a permissionless lending protocol on Solana. Anyone can supply liquidity to earn yield. Anyone can borrow SOL against memecoins and tokenized stocks. Anyone can hold $MAGPIE to earn 10% of every loan fee, distributed automatically. And anyone can run a keeper to earn bounties on liquidations.

Three ways to earn

Every loan pays.
Pick your side of the trade.

Supply liquidity
Deposit SOL · earn 80% of all fees

Be the lender. Your SOL funds loans across hundreds of memecoins, and you keep the lion's share of every fee they pay.

Open the LP →
Hold $MAGPIE · NEW
Earn 10% of every loan fee

Every $MAGPIE in your wallet is a passive stream. Snapshots happen periodically; SOL hits your wallet automatically. No staking, no claim, no signing.

See your share →
Refer friends
Earn 5% of their loan fees

Share your link. Every loan your referrals take pays you 5% of the fee, for life. Paid in SOL on demand.

Grab your link →
★ On-chain credit

Every repayment builds your reputation.
Portable. Verifiable. Yours.

Magpie writes a 300–850 credit score to an on-chain oracle for every active borrower. Repay on time, your score climbs. Get liquidated, it drops. Future protocols that read this oracle can offer better terms to reliable borrowers — your reputation goes wherever your wallet goes.

Bronze
300–499
Silver
500–649
Gold
650–749
Platinum
750–850
See how the score moves Check your score in TG
Accepted collateral
xTSLA xTSLA
xNVDA xNVDA
xAAPL xAAPL
xGOOGL xGOOGL
xAMZN xAMZN
xMSTR xMSTR
xCOIN xCOIN
PUMP PUMP
TRUMP TRUMP
BONK BONK
PENGU PENGU
PYTH PYTH
F
FARTCOIN
WIF WIF
BAN BAN
WOULD WOULD
ALCH ALCH
ARC ARC
PYTHIA PYTHIA
MOODENG MOODENG
POPCAT POPCAT
MEW MEW
PNUT PNUT
JELLYJELLY JELLYJELLY
USELESS USELESS
BOME BOME
NEET NEET
PUMPCADE PUMPCADE
TROLL TROLL
VINE VINE
xTSLA xTSLA
xNVDA xNVDA
xAAPL xAAPL
xGOOGL xGOOGL
xAMZN xAMZN
xMSTR xMSTR
xCOIN xCOIN
PUMP PUMP
TRUMP TRUMP
BONK BONK
PENGU PENGU
PYTH PYTH
F
FARTCOIN
WIF WIF
BAN BAN
WOULD WOULD
ALCH ALCH
ARC ARC
PYTHIA PYTHIA
MOODENG MOODENG
POPCAT POPCAT
MEW MEW
PNUT PNUT
JELLYJELLY JELLYJELLY
USELESS USELESS
BOME BOME
NEET NEET
PUMPCADE PUMPCADE
TROLL TROLL
VINE VINE
Permissionless pools Non-custodial On-chain credit scores 223 approved tokens Keeper network Tokenized stocks 1.5–3% tiered fee Repay anytime Live health alerts Solana mainnet Permissionless pools Non-custodial On-chain credit scores 223 approved tokens Keeper network Tokenized stocks 1.5–3% tiered fee Repay anytime Live health alerts Solana mainnet
The protocol

Open infrastructure.
No gatekeepers.

An Anchor program on Solana that powers permissionless lending pools, an on-chain credit oracle, and a keeper network for liquidations. Every constraint is enforced by the smart contract — not by us.

◉
Permissionless pools
Anyone can supply SOL to the lending pool and earn yield from loan origination fees. Share-based accounting — deposit, withdraw, compound.
★
On-chain credit oracle
The first DeFi credit system. Every repayment builds a 300–850 score, stored on-chain. Better score unlocks better LTV and lower fees over time.
⚡
Keeper network
Liquidations are permissionless. Any wallet can execute an overdue liquidation and earn a bounty — no staking required, no gatekeepers.
◈
Tokenized stock collateral
Borrow against real equities on Solana. xTSLA, xNVDA, xAAPL, and more via tokens.xyz — the first lending protocol to accept both memecoins and stocks.
magpie-lending Anchor program on Solana 
// Permissionless liquidation — any wallet can be a keeper
pub fn liquidate_loan(ctx: Context <LiquidateLoan >) ->Result <()>{
    let pool = &ctx.accounts.pool;
    let loan = &mut ctx.accounts.loan;

    // Verify loan is overdue
    require!(Clock::get()?.unix_timestamp >loan.due_timestamp,
        LendingError::LoanNotDue);

    // Split collateral: keeper bounty + authority remainder
    let keeper_reward = collateral_balance
        .checked_mul(pool.keeper_reward_bps as u64)
        .unwrap() / 10_000;
    // Transfer reward to keeper, remainder to pool authority
    ...
}
◉
magpie-lending
4FEFPeMH68BbkrrZW2ak9wWXUS7JCkvXqBkGf5Bg6wmh
Solscan →
★
magpie-credit-oracle
BBYtty9sqWjHzTuoXSNfDCpNtLn6ZjfSfhYEoY6MFP2E
Solscan →
Read the docs Supply liquidity Protocol stats
The marketplace

Borrow. Earn.
Build your score.

Three sides of a permissionless lending marketplace — all governed on-chain, all accessible from day one.

Borrow

223 tokens accepted

Pledge memecoins or tokenized stocks, pick a tier, get SOL in seconds. Non-custodial, on-chain, delivered in a Telegram chat.

Browse tokens
Earn

Supply &earn yield

Deposit SOL into the permissionless lending pool. Earn a share of every loan fee, proportional to your deposit. Withdraw anytime.

Start earning
Reputation

On-chain credit scores

Every repayment builds your score (300–850). Higher scores unlock better rates. First portable DeFi credit system — your history, on-chain.

Credit system
How it works

Four taps.
You're funded.

The Telegram bot wraps the on-chain program in a conversational interface. Pledge collateral, receive SOL, repay on your schedule.

01
Open @magpie_capital_bot
Start a chat. Connect your wallet. No seed phrase — keys stay yours.
02
Get an instant quote
Pick a tier and a bag. Live oracle pricing shows your payout and liquidation price before you sign.
03
Deposit your bag
Send to a loan-scoped address. SOL hits your wallet when the deposit confirms — usually under ten seconds.
04
Manage or repay
Top-up, partial-repay, or extend anytime. Repay fully to reclaim your bag. Alerts fire at 90% health.
Magpie
bot · online
Quote ready 📎
Pledge 8,000 WIF
Get 3.25 SOL · 30% LTV · 2d
Fee 3% · repay 3.35 SOL
Confirm
Send to:
5fh2K8...xP3q8Qz1
Watching on-chain
✓ Deposit confirmed
3.25 SOL sent to your wallet
8.2s · sig 4k2p...9mNz
Try it live on Telegram →
Live on Solana mainnet

The protocol in numbers.
Live, on-chain, no fudging.

Pool TVL
79.84 SOL
32.5% utilized
Loans issued
211
189 repaid
Liquidations
0
ever
Fees · 24h
0.9175 SOL
3.4292 lifetime
Recent loan activity
live feed
Repaid · KINS
12m ago
0.5644 SOL
Borrowed · MAGPIE
18m ago
0.9367 SOL
Borrowed · THREE
19m ago
1.1513 SOL
Borrowed · MAGPIE
1h ago
0.4894 SOL
Repaid · MAGPIE
1h ago
1.9345 SOL
Repaid · MAGPIE
1h ago
0.0243 SOL
Why Magpie

The quiet lender for loud bags.

01
Non-custodial
Loan-scoped deposit addresses. Your other holdings are untouchable. Collateral held in on-chain vaults, not our wallets.
02
Transparent pricing
Tiered fees: 3% Express, 2% Quick, 1.5% Standard. No hidden rate curves, no dynamic APR, no liquidation penalties beyond what you pledged.
03
Permissionless
Anyone can supply liquidity. Anyone can run a keeper. Anyone can build on top. No gatekeepers, no whitelists, open protocol.
04
Telegram-native
No new app. No extension. No seed phrase in a browser tab. Borrow SOL in a chat — the whole flow takes under 30 seconds.
Lending tiers

Pick your risk.
Pick your payout.

LTV (Loan-to-Value) is the percentage of your collateral's value you receive as SOL. Higher LTV = more SOL, but less room before liquidation.

Example: $1,000 of WIF at 20% LTV = $200 in SOL , minus 1.5% fee. Choose Express (30% LTV) to borrow $300, at a 3% fee.

Express
30%
LTV
2 days · 3% fee
Best for
Fast cash, premium rate
  • Highest LTV — borrow more
  • 2-day turnaround
  • Higher fee offsets higher risk
Most popular
Quick
25%
LTV
3 days · 2% fee
Best for
Balanced speed &value
  • Mid-range LTV
  • 3-day runway
  • Most popular tier
Standard
20%
LTV
7 days · 1.5% fee
Best for
Best rate, more time to repay
  • Lowest fee available
  • Full week to repay
  • Most headroom to liquidation
Every tier includes non-custodial deposit, partial-repay anytime, extend at your tier's fee rate, live health alerts, and credit score accrual. Works with 223 approved tokens .
Get a quote →
Questions

What you'll want to know.

01
What is LTV and how does it work?
LTV stands for Loan-to-Value — the percentage of your collateral's dollar value you receive as SOL. $1,000 of WIF at 30% LTV = $300 in SOL. Lower LTV = less SOL but more safety margin.
02
What tokens can I pledge?
223 tokens — 207 memecoins (WIF, BONK, Fartcoin, POPCAT, and more) plus 13 tokenized stocks (xTSLA, xNVDA, xAAPL, and more). Check the Approved Tokens page for the full list.
03
What happens if the price drops?
Your loan has a health ratio tracking collateral value vs. debt. You get alerts at 90% health. You can top-up or partial-repay. If health drops below threshold, the position is liquidated on-chain by the keeper network.
04
How do I earn yield?
Deposit SOL into the lending pool on the Earn page. You receive pool shares. When borrowers pay fees, the pool grows and your shares are worth more. Withdraw anytime — no lockups.
05
What is the credit oracle?
An on-chain program (BBYtty9...) that tracks a 300–850 credit score per wallet. Every on-time repayment increases your score. Higher scores will unlock better LTV ratios and lower fees.
06
What is the keeper network?
Liquidations are permissionless. When a loan becomes overdue, any wallet can execute the liquidation and earn a bounty (configurable, up to 20% of seized collateral). No staking required.
07
Is this custodial?
No. Collateral sits in on-chain vaults governed by the Anchor program, not in anyone's wallet. The smart contract is publicly auditable and deterministic.
08
What's the smart contract?
magpie-lending — an Anchor program on Solana (7tapn...). Permissionless lending pools with share-based accounting, configurable keeper rewards, and tiered fee structure. 68 tests passing.

Your bags.
Your liquidity.

Borrow SOL. Earn yield. Build your credit score. All permissionless, all on Solana.

Claim $MAGPIE Earn yield Browse tokens Follow on 𝕏
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