Magma Devs
Magma Devs is a blockchain infrastructure company that built Smart Router, an enterprise RPC orchestration and security layer that routes, validates, and observes traffic across providers and blockchains, serving crypto exchanges, custodians, and security platforms.
- Company typePrivate
- Founded2024
- Headquarters—
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Magma Devs does
Magma Devs, legally Lava Protocol Inc., is a blockchain infrastructure company founded in 2024 that has built Smart Router, an enterprise RPC orchestration and security layer for Web3 enterprises. The product sits between applications and RPC providers, routing, validating, and observing traffic across multiple providers and blockchains through a single control plane. Core technical capabilities include method-aware intelligent routing scored on latency, sync (closeness to chain head), and availability; cross-provider consensus validation that fans out requests and only returns when a configurable quorum agrees, protecting against malicious or compromised providers; block-aware, reorg-aware caching that cuts upstream RPC calls by 50–70%; automatic failover and parallel hedging; and full observability via Prometheus metrics, OpenTelemetry traces, and a built-in dashboard. The Go-based platform supports 100+ blockchains across EVM, Solana, UTXO, Cosmos/IBC, Bitcoin, and additional ecosystems via JSON-RPC, REST, gRPC, Tendermint, and WebSocket protocols, with a community-maintained chain-specs catalog (67 specs across 59 mainnets and 60 testnets) and built-in transaction broadcasting that fans out writes across eligible upstreams.
The company's go-to-market combines enterprise field sales targeting custodians, exchanges, and security platforms with a community-led open-source core (Smart Router on GitHub under a non-commercial license). Revenue is generated through three tiers: a free open-source version, a self-hosted commercial license for production deployment, and a fully managed enterprise subscription offering single-tenant deployment, 24/7 monitoring, and incident response. Named production customers include Kraken, Fireblocks, GK8 by Galaxy, and Hypernative, with additional distribution via Google Cloud Marketplace. The company is backed by Tribe Capital, HashKey Capital, and Jump Crypto following a $15 million seed round in February 2024, is incorporated in Delaware with operational headquarters in Tel Aviv and a New York contact address, and operates with an 11–50-person team led by CEO Tal Bar David and CTO Idan Hen.
Magma Devs firmographics
Firmographics- Name
- Magma Devs
- Legal name
- Lava Protocol Inc.
- Website
- https://magmadevs.com
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Magma Devs is a blockchain infrastructure company that built Smart Router, an enterprise RPC orchestration and security layer that routes, validates, and observes traffic across providers and blockchains, serving crypto exchanges, custodians, and security platforms.
- Ownership category
- akta.pro rank
Magma Devs industry classification
Industry- Product category
- Blockchain RPC Infrastructure
- NAICS
- Computer Systems Design and Related Services (5415), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- akta.pro primary industry
- Deployment, Automation & DevOps (build pipelines, contract deployment tools) (FSAPABAH)
- akta.pro secondary industry
- DevSecOps & Supply Chain Security (DevOps toolchain security) (BPAEAKAI)
Keywords
Magma Devs business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- Managed Service Subscription: Fully managed service where Magma Devs operates infrastructure, monitoring, and upgrades end-to-end. Single-tenant dedicated deployment. Annual subscription model with custom pricing based on usage and requirements.
- Self-Hosted Software License: Commercial license to self-host Smart Router on customer infrastructure. One-time or annual license fee for production commercial use.
- Open Source (Free Tier): Open source core under noncommercial license - free to download, run, contribute, and build on for non-production use. Serves as entry point and community builder.
- Professional Services: Development services including setup, installation, customization, onboarding, and training pursuant to Exhibit A of order form. Support services at SLA levels defined in Exhibit B.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Open Source - Free self-hosted for developers and evaluation |
| One time/ perpetual license | Annual | Self-Hosted - Commercial license for production self-deployment |
| Subscription | Annual | Enterprise Managed Service - Fully managed by Magma Devs |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels8 records
Magma Devs product offering
Product offeringCore offering
Magma Devs builds and sells Smart Router, an enterprise-grade RPC orchestration and security layer that sits between an application and its underlying RPC providers. Smart Router routes, cross-validates, caches, and observes traffic across multiple RPC sources and 100+ blockchains from a single control plane, delivering automatic failover, quorum-based response validation, and block-aware caching. The product is available as an open-source core under a non-commercial license, as a self-hosted commercial license, and as a fully managed service operated by Magma Devs.
Product overview
Magma Devs offers Smart Router as its core product platform with three deployment options: a free open-source version (non-commercial license), a commercial self-hosted license for enterprises, and a fully managed service. Smart Router is an RPC orchestration and security layer that sits between applications and RPC providers, providing automatic failover, cross-validation, block-aware caching, and full observability across 100+ blockchains. The platform supports provider-agnostic routing across any RPC provider (Alchemy, Infura, QuickNode, Helius, self-hosted nodes, etc.) from a single control plane. Additional offerings include RPC Security features for cross-provider validation and a Secure RPC Assessment tool.
Differentiator
Problem solved
Functional benefit
Products and services
- Smart Router Enterprise RPC orchestration and security layer that sits between applications and RPC providers. It routes, validates, and observes RPC traffic across multiple providers and blockchains with automatic failover, cross-provider consensus, and block-aware caching. Targets enterprises running mission-critical blockchain workloads such as exchanges, custodians, and security platforms.
- Smart Router Open Source Free, self-hosted version of Smart Router distributed under a non-commercial license via GitHub (Magma-Devs/smart-router) and deployed with Docker Compose. Provides the full feature set including automatic failover, transaction acceleration, caching, data consistency, and built-in dashboard for developers evaluating the platform or running proof-of-concept deployments.
- Smart Router Managed Service Fully managed service in which Magma Devs operates the Smart Router infrastructure, monitoring, and upgrades end-to-end. Includes single-tenant dedicated deployment, 24/7 monitoring, incident response, enterprise support SLA, SOC 2 Type II and ISO 27001 compliance (finalizing), and a DPA. Targets enterprises that want the Smart Router layer without operating it themselves.
- Secure RPC Assessment A 2-minute online assessment tool that evaluates an organization's RPC infrastructure risk and produces a personalized risk report. Used by Web3 teams to benchmark their RPC reliability and security posture against Smart Router's data set.
Quantifiable outcome
- 99% fewer RPC errors - Surfaced ~5,000 silent errors per day and resolved them at the routing layer (GK8 case study)
- +4 more outcomes
Companies that use Magma Devs
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles4 records
Magma Devs technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
Feature7 records
Magma Devs partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and key.
- KrakencoreOne of the world's largest crypto exchanges adopts Magma Devs' infrastructure to power resilient, low-latency RPC across its global trading stack. Partnership announced February 2026 with coverage in CoinDesk. Smart Router integrated into Kraken's production infrastructure to improve reliability, uptime, and data accuracy during peak market activity.
- FireblockscoreFireblocks integrates Smart Router to harden RPC reliability and validation for institutional custody and payments workflows. Early design partner whose feedback shaped product development. Fireblocks handles $2T+ in digital asset transactions across 100+ blockchains.
- Google CloudcoreSmart Router debuted on Google Cloud Marketplace, bringing enterprise-grade routing, failover, and validation to the broader Web3 stack. Partnership enables enterprise customers to procure through Google Cloud's marketplace.
- HypernativekeyReal-time monitoring and security platform integrating Smart Router for on-chain data reliability. Hypernative queries data across 70+ networks through Smart Router to power threat detection that has helped customers prevent more than $2B in losses.
- GK8 by GalaxykeyDigital asset custodian by Galaxy Digital. Uses Smart Router for custody operations achieving 99% fewer RPC errors and 50-70% reduction in upstream calls through caching.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Magma Devs competitors and assessment
Company assessmentBroad incumbents
- Infura: ConsenSys-owned RPC and developer tools provider serving some of the largest Web3 applications. Comparable in that Magma Devs explicitly orchestrates across Infura endpoints, and Infura is a likely candidate to build native orchestration features that could pressure the third-party routing layer.
- QuickNode: Major multi-chain RPC and developer infrastructure provider with a global node network. Directly listed as one of the providers Smart Router orchestrates against, making QuickNode both a partner and the most plausible incumbent to ship competing native features.
- Alchemy: One of the largest enterprise Web3 developer platforms, offering RPC node infrastructure, APIs, and developer tools across many chains. While Magma Devs orchestrates ABOVE Alchemy, Alchemy is the closest incumbent that could natively absorb multi-provider routing/validation features.
Direct peers
- Blockdaemon: Enterprise-grade blockchain node infrastructure and staking provider across many protocols. Comparable to Magma Devs in targeting institutional-grade reliability for blockchain node operations and being listed as a Smart Router upstream provider.
- Lava Network: Decentralized RPC and data infrastructure network that was the parent context behind Magma Devs' $15M seed. Highly comparable as both serve the multi-chain RPC routing problem, with Lava Network taking a decentralized marketplace approach and Magma Devs focusing on enterprise orchestration/SaaS.
- Chainstack: Multi-chain Web3 infrastructure provider offering RPC nodes, dedicated nodes, and developer tooling across many chains. Comparable to Magma Devs in targeting enterprise-grade reliability on multi-chain RPC, though primarily as a provider rather than an orchestration layer.
- Helius: Specialized Solana RPC and developer infrastructure provider with strong presence in the Solana ecosystem. Directly comparable in serving high-volume Solana RPC workloads, and listed as one of the providers Magma Devs orchestrates against.
- Ankr: Web3 infrastructure provider offering RPC endpoints, dedicated nodes, and staking infrastructure across many chains. Listed as one of the RPC providers Magma Devs orchestrates against; comparable as a multi-chain RPC competitor at the provider layer.
Emerging players
- Tenderly: Web3 development platform offering node RPC, debugging, monitoring, and observability tooling for smart contract developers. Comparable to Magma Devs in the Web3 infrastructure/devtooling category with overlap in observability and multi-chain node access.
- Pocket Network: Decentralized RPC protocol that incentivizes a distributed network of node operators to serve blockchain requests. Comparable to Magma Devs in the routing/orchestration layer concept, though with a token-incentivized decentralized model rather than enterprise SaaS.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Magma Devs social profiles
Digital presenceMagma Devs compliance and trust
Trust signalCompliance3 records
Magma Devs financial estimates
Financial estimateRevenue estimate
Valuation estimate
Magma Devs leadership team
Management profileNumber of profiles
Profiles4 records
Magma Devs funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Magma Devs 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 Magma Devs
What does Magma Devs do?
Magma Devs builds and sells Smart Router, an enterprise-grade RPC orchestration and security layer that sits between an application and its underlying RPC providers. Smart Router routes, cross-validates, caches, and observes traffic across multiple RPC sources and 100+ blockchains from a single control plane, delivering automatic failover, quorum-based response validation, and block-aware caching. The product is available as an open-source core under a non-commercial license, as a self-hosted commercial license, and as a fully managed service operated by Magma Devs.
Is Magma Devs a public or private company?
Magma Devs is a private company. It is classified as venture growth investor backed and is currently operating.
When was Magma Devs founded?
Magma Devs was founded in 2024. It employs 11 to 50 people.
How does Magma Devs make money?
Four revenue lines are on record. Managed Service Subscription is the primary driver. The others are self-Hosted Software License, open Source (Free Tier) and professional Services.
Who are Magma Devs's main competitors?
Broad incumbents on record are Infura, QuickNode and Alchemy. Direct peers are Blockdaemon, Lava Network, Chainstack, Helius and Ankr. Emerging players are Tenderly and Pocket Network.
Does Magma Devs have an API?
No public API is recorded for Magma Devs.
What industry is Magma Devs in?
Magma Devs's product category is Blockchain RPC Infrastructure. Its primary akta.pro industry code is FSAPABAH, Deployment, Automation & DevOps (build pipelines, contract deployment tools), with a secondary code of BPAEAKAI, DevSecOps & Supply Chain Security (DevOps toolchain security). Its NAICS code is 5415.