What is Magic Beans?

Magic Beans is an on-chain escrow system for trading Solana tokens OTC.

This tool enables atomic, peer-to-peer transactions of SPL tokens. One side "makes a market" by depositing their half of the trade into an on-chain escrow account. This generates an order URL which they share with one or more counterparties, who can complete the trade by depositing the other side.

Why?

Magic Beans lets you trade Solana tokens without using a Dex or liquidity pool! Trading via Magic Beans has several advantages:

• You can't get sandwiched by an MEV bot (no matter how large your trade is)
• Zero slippage
• Zero price impact (you won't "hitler the chart")

It also has advantages over primitive OTC deals, which are usually done over Telegram and based entirely on trust:

• You can't get scammed by your counterparty
• It's a single button click to open or fill an order
• You don't have to do any math

Is it safe?

Magic Beans passed an audit by Monethic, a smart contract cybersecurity firm. The program has been thoroughly tested and vetted.