Magic vs Connext vs Non-Custodial WaaS
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Comparison Summary
Magic, Connext and Non-Custodial WaaS each address unique challenges in the web3 ecosystem, offering complementary strengths for builders. Magic provides enterprise-grade, non-custodial wallet infrastructure and passwordless authentication APIs for seamless Web3 onboarding and wallet management. Connext is a secure, fast modular interoperability protocol enabling cross-chain fund bridging and asynchronous Solidity development. Fireblocks Non-Custodial Wallet-as-a-Service (WaaS) provides a comprehensive API platform to securely manage, transfer, and issue digital assets across vaults, wallets, exchanges, and fiat accounts. 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 | API Wallets with Core and Express APIs, Embedded Wallet SDKs, Multi-chain support, Newton Protocol | xCall Primitive, xERC20 Tokens, Cross-Chain Restaking | Transaction Lifecycle Management, AML/KYT Integration, Webhook Event Notifications |
| Chain Support | +32 | +5 | +27 |
| Best For | Infrastructure Developers, DeFi Developers | DeFi Developers, Infrastructure Developers | Infrastructure Developers, Financial Institutions |
| Pricing | |||
| Free Tier | Free | Standard | Custom Enterprise Pricing |
| Paid Features | 1 paid tiers | — | — |
| Custom Plans | Enterprise plans | — | Enterprise plans |
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