IoTeX vs Magic vs Synapse Protocol
Build an ecosystem optimized for your goals while opening up new revenue streams.
Comparison Summary
IoTeX, Magic and Synapse Protocol each address unique challenges in the web3 ecosystem, offering complementary strengths for builders. IoTeX is an ultra-efficient EVM-compatible blockchain platform designed to connect real-world data and AI with decentralized applications. Magic provides enterprise-grade, non-custodial wallet infrastructure and passwordless authentication APIs for seamless Web3 onboarding and wallet management. Synapse is an interchain messaging protocol and cross-chain bridge enabling decentralized applications to operate across multiple blockchains. Together, these tools serve different but overlapping user needs, making them valuable components in a modern web3 development stack.
| At a Glance | |||
| Composability | |||
| Cross-Chain | |||
| Customizability | |||
| Developer Support | |||
| Ease of Integration | |||
| Performance | |||
| Key Features | |||
| Core Capabilities | Modular architecture, Open-source with Apache 2.0 license, Strong industry partnerships | API Wallets with Core and Express APIs, Embedded Wallet SDKs, Multi-chain support, Newton Protocol | Synapse Bridge, Synapse Router SDK, Bridge Widget |
| Chain Support | — | +32 | +9 |
| Best For | Infrastructure Developers, DeFi Developers | Infrastructure Developers, DeFi Developers | Infrastructure Developers, Cross-chain/Bridge Developers |
| Pricing | |||
| Free Tier | Free | Free | Free |
| Paid Features | — | 1 paid tiers | — |
| Custom Plans | — | Enterprise plans | — |
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