Eigenpie
Eigenpie is a Web3 native restaking and yield-optimization platform on BNB Chain that operates within the Magpie XYZ ecosystem, offering liquid staking, launchpad, governance, and bribe-marketplace products to DeFi users and crypto stakers.
- Company typePrivate
- Founded2024
- HeadquartersVirgin, United States
- Headcount51–100
- GTM typeB2C
- OfferingSoftware
What Eigenpie does
Eigenpie is a Web3 native liquid staking and restaking platform that operates within the Magpie XYZ ecosystem on BNB Chain, founded in 2024. Its core product, Magpie Earn, enables crypto stakers to deposit assets and earn enhanced yields through staking, restaking, and liquidity provision strategies, addressing the liquidity lock and suboptimal yield problems inherent to traditional proof-of-stake staking. The platform extends beyond Earn into three additional connected products: Magpie Launchpad for new project token offerings, Magpie Governance for DAO-style on-chain voting by MGP token holders, and an Add Bribe marketplace feature tied to governance bribe mechanisms.
Underlying architecture is a self-serve Web3 interface accessible via wallet connection (e.g., MetaMask); the platform is described as audited and runs on BNB Chain. No proprietary technology, API, or SDK was publicly disclosed, and the technology stack relies on standard smart-contract primitives for staking and restaking.
The business model is characteristic of a DeFi protocol: revenue is implied to be generated through transaction fees on yield, staking, and launchpad activity, though specific fee schedules are not publicly disclosed. Customer acquisition is community-led through Twitter/X, Discord, Telegram, governance participation, and ecosystem blog content, targeting horizontal segments of DeFi users and crypto stakers. Eigenpie completed an undisclosed seed round in September 2024 with participation from the Arbitrum Foundation, LayerZero Labs, PancakeSwap, Relayer Capital, Robot Ventures, and Bitget CEO Gracy Chen, providing distribution and cross-ecosystem credibility.
Eigenpie firmographics
Firmographics- Name
- Eigenpie
- Website
- https://magpiexyz.io
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Eigenpie is a Web3 native restaking and yield-optimization platform on BNB Chain that operates within the Magpie XYZ ecosystem, offering liquid staking, launchpad, governance, and bribe-marketplace products to DeFi users and crypto stakers.
- Ownership category
- akta.pro rank
Eigenpie industry classification
Industry- Product category
- Liquid Restaking / DeFi Staking Protocol
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Custodial Staking Providers (FSADAHAG)
- akta.pro secondary industry
- Launchpads, IDOs & Token Distribution via DEXs (FSADABAL)
Keywords
Where Eigenpie is headquartered
LocationHeadquarters
- HQ city
- Virgin
- HQ country
- United States
- HQ region
- North America
Markets served
Eigenpie business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- DeFi Ecosystem Services: As a Web3 DeFi platform operating within the Magpie XYZ ecosystem, Eigenpie likely generates revenue through transaction fees, yield farming incentives, and Launchpad token sale mechanisms, though specific revenue mechanics are not publicly disclosed.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Eigenpie product offering
Product offeringCore offering
Eigenpie is a Web3 native liquid restaking platform operating within the Magpie XYZ DeFi ecosystem on BNB Chain. It enables crypto holders to enhance earning potential by restaking assets through liquid staking derivatives, while also providing a token launchpad and DAO governance features through its Magpie Earn, Magpie Launchpad, and Magpie Governance modules.
Product overview
Magpie (also known as Eigenpie) is a modular DeFi platform built on BNB Chain that offers multiple interconnected products: Magpie Earn for yield generation through DeFi strategies, Magpie Launchpad for new project token launches, Magpie Governance for DAO-style voting and decision-making, and Add Bribe for participating in governance bribe mechanisms. The platform appears to be associated with the Magpie XYZ ecosystem.
Differentiator
Problem solved
Functional benefit
Brands
- Magpie Earn: Platform for earning yields through staking and restaking services
- Magpie Launchpad
- Magpie Governance
- Add Bribe
Products and services
- Magpie Earn A DeFi earning platform within the Magpie XYZ ecosystem that allows users to earn yield through staking, restaking, and liquidity provision strategies on BNB Chain.
- Magpie Launchpad A platform within the Magpie XYZ ecosystem for launching new crypto projects and conducting token offerings and initial sales.
- Magpie Governance A decentralized governance module enabling MGP token holders to participate in DAO-style voting on protocol decisions and proposals.
Companies that use Eigenpie
Customer profileSegments1 record
Ideal customer profiles1 record
Eigenpie technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Eigenpie partnerships and signals
Strategic signalScale indicators1 record
Recent moves6 records
Expansion highlights5 records
Eigenpie competitors and assessment
Company assessmentBroad incumbents
- Frax Finance: Frax operates frxETH (a liquid staking derivative) alongside a broad DeFi suite including stablecoins, lending, and AMM. Comparable to Eigenpie's LSD offering as a competing liquid staking derivative, plus a broader portfolio of integrated DeFi primitives.
- Yearn Finance: Yearn pioneered yield aggregation across DeFi strategies, including staking and restaking-adjacent vaults. Overlaps with Eigenpie's Earn product as an automated yield-optimization layer targeting retail stakers seeking hands-off returns.
Emerging players
- Beefy Finance: Beefy is the leading yield optimizer on BNB Chain, deploying auto-compounding strategies across DeFi. Direct ecosystem peer to Eigenpie on BNB Chain, competing for the same yield-seeking user base with overlapping vault strategies.
- Pendle Finance: Pendle enables yield tokenization and trading of principal/yield tokens derived from staking and restaking positions. Adjacent to Eigenpie in capturing value from composability of staking derivatives, although it focuses on yield trading rather than issuance.
Direct peers
- StakeWise: StakeWise provides liquid staking and restaking via osETH and similar derivatives, with a similar dual-token validator/reward architecture. Directly comparable to Eigenpie in enabling users to earn underlying yield + additional restaking rewards simultaneously.
- Marinade Finance: Marinade is the leading liquid staking protocol on Solana, issuing mSOL. Comparable to Eigenpie as a chain-specific liquid staking + staking-derivative platform with yield optimization features that aggregate validator rewards for users.
- Rocket Pool: Rocket Pool is a decentralized liquid staking protocol issuing rETH against staked ETH. Similar to Eigenpie's LSD model, it enables users to stake while retaining a liquid, transferable derivative usable across DeFi — directly comparable feature surface and value proposition.
- Convex Finance: Convex captures staking and CRV emissions on Curve via a liquid wrapper (cvxCRV) and vote-escrowomics, enabling users to earn boosted yields. Highly comparable business model to Eigenpie's combination of liquid staking wrappers + governance bribe marketplace (Add Bribe).
- Lido Finance: Lido is the largest liquid staking protocol (stETH) and the dominant primitive for liquid staking derivatives. Eigenpie's restaking + LSD model mirrors Lido's approach of wrapping staked assets into composable tokens, targeting the same core user behavior of unlocking liquidity from staked positions.
- EigenLayer: EigenLayer is the leading restaking protocol and the originator of the 'restaking' narrative that Eigenpie builds on. Both enable ETH and other assets to be restaked for additional yield through actively validated services, competing for the same underlying restaking flows on different chains.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Eigenpie social profiles
Digital presenceEigenpie financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eigenpie leadership team
Management profileNumber of profiles
Eigenpie funding detail
Funding detailFunding overview
Funding rounds1 record
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eigenpie M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Eigenpie
What does Eigenpie do?
Eigenpie is a Web3 native liquid restaking platform operating within the Magpie XYZ DeFi ecosystem on BNB Chain. It enables crypto holders to enhance earning potential by restaking assets through liquid staking derivatives, while also providing a token launchpad and DAO governance features through its Magpie Earn, Magpie Launchpad, and Magpie Governance modules.
Is Eigenpie a public or private company?
Eigenpie is a private company. It is classified as venture growth investor backed and is currently operating.
When was Eigenpie founded?
Eigenpie was founded in 2024. It employs 51 to 100 people.
Where is Eigenpie based?
Eigenpie is headquartered in Virgin, United States, in the North America region.
How does Eigenpie make money?
One revenue line is on record: deFi Ecosystem Services.
Who are Eigenpie's main competitors?
Broad incumbents on record are Frax Finance and Yearn Finance. Emerging players are Beefy Finance and Pendle Finance. Direct peers are StakeWise, Marinade Finance, Rocket Pool, Convex Finance, Lido Finance and EigenLayer.
Does Eigenpie have an API?
No public API is recorded for Eigenpie.
What industry is Eigenpie in?
Eigenpie's product category is Liquid Restaking / DeFi Staking Protocol. Its primary akta.pro industry code is FSADAHAG, Custodial Staking Providers, with a secondary code of FSADABAL, Launchpads, IDOs & Token Distribution via DEXs. Its NAICS code is 52232 and its SIC code is 6199.