Buyback Radar

Magpie Ecosystem MGP

Revenue fading

Revenue −46% over 30 days. Also: holders revenue goes to vote lockers, not a buyback.

Yield, BSC, Arbitrum, Ethereum, 193 days of data

Not in the main ranking: Price stale since Oct 27

Market cap

$2.8M

price $0.278 · 7d −3.1% · 30d −13.0%

FDV $2.8M (1.0× market cap)

source coingecko

Price stale since October 27, 2026: CoinGecko has not updated it, so the market cap and price changes may be off.

Counted per year

$327

holders revenue of the last 30 days, $101, × 365 ÷ 30 (capped at revenue; before the cap $461), × type factor 0.2672 (payouts to vote lockers count 27%)

ve / bribesbuyback share 94%

Pays out 0.0% of its market cap a year, using 94¢ of every $1 it earns.

Not a buyback: counts for 27% in the multiple (type factor 0.2672), so the denominator is $327 instead of $1k.

Multiple

8.3k×

median of all tokens 22.7×, against 8.3k× here

Run-rate

∞

last 7 days $0 × 52 × 0.27 (type factor) = $0 a year

What we checked

  1. Valuation

    Multiple 8.3k× (type factor 0.2672: payouts to vote lockers count 27%), 367× more expensive than the median of all tokens (22.7×; its category is too small for a peer group). It is itself the largest earner in the group. On total revenue: 457×, 3.9× dearer than the revenue peer median.

  2. Distribution

    ve / bribes: Includes bribes and vote incentives from third parties paid to vote-escrow lockers; no buy pressure on the token. Holders got $461 of $491 revenue in 30 days → buyback share 94%. DefiLlama: “Bribes Revenue: Bribes from voting incentives on Pendle Finance to holders”

  3. Sustainability

    Holders were paid on 10 of 30 days (33%); largest single day 86% of the month's holders revenue (one day carries the month, so the multiple is not a steady pace); paid to holders this week: 0% of the best week in 90 days (more than half below peak). Revenue −99% over 7 days and −46% over 30 days, price −13% over 30 days.

What this does not tell you

The figures come from DefiLlama's adapter for each child protocol. Only a few tokens have an on-chain check (see How the buyback really works); for the rest, whether the tokens were really bought, burned or parked in a treasury wallet is not checked here. Unlocks count where DefiLlama or our research has a vesting schedule; team discretion and liquidity depth only once researched.

Flags

  • One-day spikeone day made 86% of the 30-day holders revenue. The multiple does not show a steady pace, so the token stays out of the Cheap lens and buy signals
  • Payout >50% below peakthis week's holders revenue is 0% of its best week in the last 90 days ($543)
  • Small peer group52 peers in universe; median taken from the universe level
  • Price stale since Oct 27CoinGecko last updated the price on October 27, 2026. Price changes and the multiple may be off, so the token leaves the ranking (listed under Incomplete) until the price updates again

How the buyback really works

Not researched yet. Everything above comes from DefiLlama and market data only.

Holders revenue / revenue (30d)
$461 / $491
last 30 closed days
To holders
Pays out 0.0% of its market cap a year
FDV / dilution
$2.8M / 1.0×
FDV ÷ market cap
Price 7d / 30d
−3.1% / −13.0%
Revenue growth 7d / 30d
−99% / −46%
versus the period before
Divergence
0.00
revenue growth minus price growth, 30d
DEX liquidity
$2k
DexScreener, representative pools
24h volume
$0
all markets, CoinGecko
Unlocks 30d
—
unlocks not tracked yet
Revenue multiple
457×
market cap ÷ revenue per year
Fee multiple
355×
market cap ÷ fees per year
Distance to peak
0%
this week ÷ best week of 90 days
Data since
May 4
first day with holders revenue

Holders revenue and price

Holders revenue per day7-day averagePrice (right axis)

Multiple over time

today 8.3k× (scored) · peer median 22.7×

Market cap at close ÷ (holders revenue of the previous 30 days × 365 ÷ 30), with holders revenue capped at revenue and × the type factor: the same effective multiple as the peer median. Values above 100× are drawn at the top. Bands as on the meter; dashed line = peer median today.

Signal history

No signals for this token yet.

Versus peers

universe (whole universe) · 1 tokens · median multiple 22.7×

Main-ranking peers only. Multiples count holders revenue capped at revenue, × the type factor (buyback 1 · buyback + burn 1 · burn 0.75 · mixed 0.75 · distribution 0.5 · unclear 0.5 · ve-distribution 0.25).

This token against its main-ranking peers: multiple, revenue multiple, buyback share, holders revenue, market cap and revenue growth
TokenDistributionMultipleRevenue multipleBuyback shareTo holders 30dMarket capRev. growth 30d
Magpie Ecosystemleaderthis tokenve / bribes8.3k×457×94%$461$2.8M−46%
Score build-up23 of 100

Total score = 35% valuation + 25% momentum + 20% divergence + 20% quality − penalties, clamped to 0–100. Every number here can be recomputed from the figures on this page.

23of 100 one or more parts are the neutral 50
Valuation 0.0Momentum 12.5Divergence 10.0Quality 0.4= 22.9
Valuation35%
0Valuation 0.0: HR half 0.0 (multiple 8345.44×; 100 at ≤3×, 0 at ≥100×, log scale), revenue half 0.0 (revenue peer value 0.26×; 0 at ≤0.33×, 50 at 1×, 100 at ≥3×, log scale).Average of two halves. HR half: linear in log(multiple), 100 at ≤ 3×, 0 at ≥ 100×, 0 without effective HR. Revenue half: linear in log(revenue peer value), 0 at ≤ 0.33×, 50 at 1×, 100 at ≥ 3×; neutral 50 when the peer group falls back to the universe.
Momentum25%capped
50Momentum 19.9: m = 0.5·g7 −1.500 + 0.3·(ln(day jump 17.74) clamped ±1.5 = 1.500) + 0.2·g30 −0.609 = −0.422; 0 at ≤−0.7, 50 at 0, 100 at ≥1.1.m = 0.5·g7 + 0.3·ln(day jump, clamped ±1.5) + 0.2·g30; 0 at m ≤ −0.7, 50 at 0, 100 at ≥ 1.1. Neutral 50 when g7 or g30 is missing; a missing day jump counts as 0.
Divergence20%capped
50Divergence 0.0: d = g30 − p30 = 0.000; 0 at ≤0, 100 at ≥1.5.d = max(0, g30 − p30) when g30 > 0; 0 at d ≤ 0, 100 at d ≥ 1.5, linear.
Quality20%
2Quality 1.9: mean of days HR>0 33% → 5.6 (0 at ≤30%, 100 at ≥90%), largest day 86% of HR30 → 0.0 (0 at ≥60%, 100 at ≤15%), distance to peak 0.00 → 0.0 (0 at ≤0.25, 100 at ≥0.9).Average of: share of days with HR > 0 (0 at ≤ 30%, 100 at ≥ 90%), 1 − largest day ÷ HR30 (0 at ≥ 60%, 100 at ≤ 15%) and distance to peak (0 at ≤ 0.25, 100 at ≥ 0.9).
  • One-day spike: largest day 86% of the HR window: Momentum 19.9 → 50, Divergence 0.0 → 50.

HR7 is below 50% of its 90-day peak: momentum and divergence are capped at 50. This is not a penalty; the distance already counts in quality.

Penaltiesnone

No penalty applies — 10 rules checked, 3 wait for research data

Where the numbers come from
Revenue source
4 active children
DefiLlama adapter per child
Price and market cap
coingecko / coingecko
latest fetch
Scored on
October 26, 2026
as-of date of the last compute run
On-chain verified
not yet
not checked yet
Protocols behind this token4 at DefiLlama

Per protocol: DefiLlama's methodology text, the distribution type we read from it and the sentence that decided it. The token takes the type of the protocol that returns the most to holders.

  • Cakepie
    Yield · BSC, Arbitrum, Ethereum
    type unclear · source none

    No methodology text at DefiLlama.

    adapter on GitHub ↗
  • Penpie
    Yield · BSC, Arbitrum, Ethereum
    type ve-distribution · source label
    “Bribes Revenue: Bribes from voting incentives on Pendle Finance to holders”

    5% vlPNP holders + 12% mPENDLE Staking pool + 20% PRT mechanism + Bribes from voting incentives

    Bribes Revenue
    Bribes from voting incentives on Pendle Finance to holders
    Pendle Rewards To Holders
    Staking rewards from pendle to holders
    adapter on GitHub ↗
  • Radpie
    Yield · BSC, Arbitrum, Ethereum
    type unclear · source none

    No methodology text at DefiLlama.

    adapter on GitHub ↗
  • Wompie
    Yield · BSC, Arbitrum
    type unclear · source none

    No methodology text at DefiLlama.

    adapter on GitHub ↗