Magpy Joins Forces with SEI Network: Unlocking New Possibilities in DeFi Trading Automation

We are excited to announce that Magpy, the non-coding multichain/multidefi trading bot platform, is launching on the SEI Network, a Layer 1 blockchain specialized for trading. This collaboration brings together two innovative platforms designed to revolutionize the world of DeFi trading by offering seamless automation and scalability for users. In this blog, we will explore how SEI will benefit from Magpy, how Magpy will benefit from SEI, and why this partnership is a game-changer for the DeFi ecosystem.

How SEI will benefit from Magpy:

1. Enhanced user base: By hosting Magpy, the SEI Network will attract a wider audience of DeFi enthusiasts looking to build and deploy customizable trading bots without coding expertise. This will ultimately drive more traffic and adoption for the SEI Network.
2. Showcasing SEI’s capabilities: Magpy’s integration with SEI will demonstrate the network’s high-performance trading infrastructure, further establishing SEI as the go-to platform for on-chain trading applications.
3. Diversification of use cases: Magpy’s unique trading bot platform will add to the diverse range of applications built on the SEI Network, reinforcing its status as the hub for all on-chain trading apps across gaming, NFTs, and DeFi.

How Magpy will benefit from SEI:

1. Scalability and speed: Magpy will leverage SEI’s market-based parallelization and twin-turbo consensus to deliver faster and more efficient trading bot execution, providing users with an unparalleled trading experience.
2. Native order matching engine: Magpy will benefit from SEI’s native order matching engine, allowing for seamless integration and more streamlined trading processes for users.
3. Frontrunning protection: SEI’s frontrunning protection will ensure Magpy users enjoy a secure trading environment, free from the malicious frontrunning activities that plague other ecosystems.

The launch of Magpy on the SEI Network marks the beginning of a new era for DeFi trading, bringing together two innovative platforms that share a common vision. By harnessing the power of SEI’s specialized trading infrastructure and Magpy’s user-friendly trading bot platform, users can look forward to a secure, efficient, and scalable DeFi trading experience like never before. This partnership is a testament to the potential of collaboration within the blockchain and DeFi space, and we can’t wait to see what the future holds for Magpy and the SEI Network.