Fly is an aggregation infrastructure that connects DEXs, liquid staking tokens (LSTs), and multiple blockchains, aiming to simplify cross-chain liquidity. Hyperlane offers permissionless interoperability for any blockchain, allowing developers to connect without gatekeepers. Fly suits users seeking aggregated access to decentralized exchanges and LSTs across chains, while Hyperlane is best for projects needing universal, permissionless cross-chain messaging.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | — | $87.1MDefiLlama |
| MCap Rank | #5464 | #755 |
| Total Raised | $4.6M | $18.5M |
| Founded | 2022 | 2022 |
| Stage | — | — |
| X / Twitter | 172K | 125K |
| GitHub Stars | — | 187 |
| Chains | ethereumsonic | arbitrumavalanchebase |
| Tags | DeFi, DEX Aggregator, DEX | Infra, Cross-Chain Communication, Infra |
Fly (previously Magpie Protocol) is an aggregation infrastructure for DEXs, LSTs and chains, providing cross-chain bridge functionality and optimized swap routing. It is integrated with projects like FlakeProtocol and leverages fast, low-cost settlement networks to deliver best execution prices.
Hyperlane is an open-source, permissionless interoperability framework connecting over 170 blockchains. It enables cross-chain messaging, asset bridging, and interchain applications, evolving into a decentralized infrastructure layer for a global payment network.

