Elk Finance vs Functions vs Magic
Build an ecosystem optimized for your goals while opening up new revenue streams.
Comparison Summary
Elk Finance, Functions and Magic each address unique challenges in the web3 ecosystem, offering complementary strengths for builders. ElkNet is a blockchain abstraction and cross-chain bridging infrastructure enabling secure, seamless asset transfers and dApp interoperability across multiple blockchains. Gelato provides infrastructure and SDKs to build smart wallets, gasless transactions, and custom rollups with ERC-4337 & 7702 support across 100+ chains. Magic provides enterprise-grade, non-custodial wallet infrastructure and passwordless authentication APIs for seamless Web3 onboarding and wallet management. 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 | Multi-directional Cross-chain Communication, Farm-as-a-Service, Insurance Fund | Paymaster & Bundler, Rollup Builder, Web3 Functions SDK, State and Secrets Management | API Wallets with Core and Express APIs, Embedded Wallet SDKs, Multi-chain support, Newton Protocol |
| Chain Support |     +2 |   +13 |    +32 |
| Best For | DeFi Developers, Infrastructure Developers | Infrastructure Developers, DeFi Developers | Infrastructure Developers, DeFi Developers |
| Pricing | |||
| Free Tier | Standard | Free | Free |
| Paid Features | — | 1 paid tiers | 1 paid tiers |
| Custom Plans | — | Enterprise plans | Enterprise plans |
Add a related tool
Related Tools
Explore web3 competitors and apps like Elk Finance.
Coinbase
A comprehensive suite of APIs, SDKs, and developer tools from Coinbase to build onchain applications and integrate crypto services.
Router Protocol
Router Protocol is a cross-chain interoperability solution enabling seamless communication and asset transfers between blockchains.
Synapse Protocol
Synapse is an interchain messaging protocol and cross-chain bridge enabling decentralized applications to operate across multiple blockchains.
Custodial NFT Wallet
Crossmint is an all-in-one platform that integrates wallets, stablecoins, tokenization, and payment primitives into apps and products with easy APIs and no blockchain complexity.
Connext
Connext is a secure, fast modular interoperability protocol enabling cross-chain fund bridging and asynchronous Solidity development.
Thirdweb JS Library
An open-source full-stack web3 development platform offering SDKs, APIs, and prebuilt contracts to build, monetize, and scale blockchain applications across EVM chains and Solana.
Wormhole
Wormhole is a leading interoperability platform enabling secure, permissionless cross-chain communication and native token transfers across 30+ blockchains.
Cyber
An Ethereum Layer 2 network focused on onchain social primitives, AI integration, and decentralized governance.