Logo of Abracadabra Spell

Abracadabra Spell(SPELL)

Total Value Locked$4.79m

TVL by Chain

Ethereum$2.5m

Arbitrum$2.1m

BSC$147,400

Avalanche$32,407

Blast$12,294

Fantom$3,803

Kava$170.37

OP Mainnet$0

Key Metrics

Fees 30d$3,513
Fees 30d by chain

Arbitrum$3,497

Avalanche$13.79

Ethereum$2.42

OP Mainnet$0.07

BSC$0.07

Kava$0.02

Fantom$0

Fees 7d$3.45

Avalanche$2.42

Arbitrum$0.96

Ethereum$0.04

OP Mainnet$0.03

BSC$0

Fantom$0

Kava$0

Fees 24h$0

Arbitrum$0

Avalanche$0

BSC$0

Ethereum$0

Fantom$0

Kava$0

OP Mainnet$0

Cumulative Fees$77.76m

Ethereum$65.64m

Avalanche$6.15m

Arbitrum$3.61m

Fantom$2.28m

BSC$68,262

Kava$3,389

OP Mainnet$9.88

Revenue 30d$3,513
Revenue 30d by chain

Arbitrum$3,497

Avalanche$13.79

Ethereum$2.42

BSC$0.07

OP Mainnet$0.04

Kava$0.02

Fantom$0

Revenue 7d$3.43

Avalanche$2.42

Arbitrum$0.96

Ethereum$0.04

OP Mainnet$0.01

BSC$0

Fantom$0

Kava$0

Revenue 24h$0

Arbitrum$0

Avalanche$0

BSC$0

Ethereum$0

Fantom$0

Kava$0

OP Mainnet$0

Cumulative Revenue$39.05m

Ethereum$32.9m

Avalanche$3.08m

Arbitrum$1.89m

Fantom$1.14m

BSC$34,184

Kava$1,709

OP Mainnet$4.49

Holders Revenue 30d$1,756
Holders Revenue 30d by chain

Arbitrum$1,748

Avalanche$6.90

Ethereum$1.21

BSC$0.03

Kava$0.01

OP Mainnet$0.01

Fantom$0

Holders Revenue 7d$1.71

Avalanche$1.21

Arbitrum$0.48

Ethereum$0.02

BSC$0

Fantom$0

Kava$0

OP Mainnet$0

Holders Revenue 24h$0

Arbitrum$0

Avalanche$0

BSC$0

Ethereum$0

Fantom$0

Kava$0

OP Mainnet$0

Cumulative Holders Revenue$166,932

Ethereum$85,234

Arbitrum$81,564

BSC$63.15

Avalanche$54.40

Kava$18.23

OP Mainnet$1.30

Fantom$0

Loading chart...

Protocol Information

Abracadabra.money is a spell book that allows users to produce magic internet money ($MIM) which is a stable coin that you can swap for any other traditional stable coin.

Category:CDP

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees paid by MIM borrowers in Abracadabra Cauldrons: interest on outstanding debt, a one-time borrow/opening fee, and liquidation penalties. Tracked from on-chain cauldron events (LogAccrue, LogBorrow, LogRemoveCollateral + LogRepay pairs for liquidations).View code on GitHubRevenue: Protocol's share of Cauldron fees: all interest and borrow/opening fees (MIM is minted, there are no lenders) plus 10% of liquidation penalties.View code on GitHubHolders Revenue: 50% of protocol revenue used for SPELL buybacks and mSPELL staker rewards (AIP #10).View code on GitHub

Yields

Pools Tracked1

Average Supply APY16.15%

Hacks

Date: Jan 30, 2024

Amount: $6.5m

Classification: Token & Share Accounting

Technique: Rounding Error

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Date: Mar 25, 2025

Amount: $13m

Classification: Protocol Logic

Technique: Liquidation Logic Flaw

Chains: Arbitrum

Language: Solidity

Target Type: DeFi Protocol

Date: Oct 4, 2025

Amount: $1.7m

Classification: Access Control

Technique: Improper Access Control

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Abracadabra Spell history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 5, 2021 to Oct 20, 2026.

All-time high TVL: $6.425b on Jan 5, 2022. All-time low TVL: $3.86m on Jul 9, 2026.

Daily TVL, Sep 21, 2026 to Oct 20, 2026

DateTVL
Sep 21, 2026$4.98m
Sep 22, 2026$5.16m
Sep 23, 2026$5.13m
Sep 24, 2026$5.04m
Sep 25, 2026$5.05m
Sep 26, 2026$5.04m
Sep 27, 2026$5.04m
Sep 28, 2026$5.04m
Sep 29, 2026$5.01m
Sep 30, 2026$5.01m
Oct 1, 2026$5.02m
Oct 2, 2026$5.06m
Oct 3, 2026$5.04m
Oct 4, 2026$5.05m
Oct 5, 2026$5.12m
Oct 6, 2026$5.1m
Oct 7, 2026$5.08m
Oct 8, 2026$4.92m
Oct 9, 2026$4.8m
Oct 10, 2026$4.84m
Oct 11, 2026$4.86m
Oct 12, 2026$4.91m
Oct 13, 2026$4.75m
Oct 14, 2026$4.86m
Oct 15, 2026$4.75m
Oct 16, 2026$4.79m
Oct 17, 2026$4.75m
Oct 18, 2026$4.73m
Oct 19, 2026$4.76m
Oct 20, 2026$4.73m

TVL at each month end, Nov 2024 to Oct 2026

DateTVL
Nov 30, 2024$51.39m
Dec 31, 2024$65m
Jan 31, 2025$67.39m
Feb 28, 2025$59.09m
Mar 31, 2025$39.54m
Apr 30, 2025$29.82m
May 31, 2025$31.79m
Jun 30, 2025$31.97m
Jul 31, 2025$25.52m
Aug 31, 2025$25.64m
Sep 30, 2025$22.75m
Oct 31, 2025$19.55m
Nov 30, 2025$15.39m
Dec 31, 2025$14.8m
Jan 31, 2026$13.94m
Feb 28, 2026$10.81m
Mar 31, 2026$8.93m
Apr 30, 2026$7.3m
May 31, 2026$6.79m
Jun 30, 2026$4.76m
Jul 31, 2026$4.39m
Aug 31, 2026$4.65m
Sep 30, 2026$5.01m
Oct 20, 2026 (latest)$4.73m

TVL at each year end, Dec 31, 2021 to Dec 31, 2025

DateTVL
Dec 31, 2021$6.125b
Dec 31, 2022$158.93m
Dec 31, 2023$154.91m
Dec 31, 2024$65m
Dec 31, 2025$14.8m

Fees, revenue and holders revenue by UTC calendar month, Jun 2024 to Oct 2026

MonthFeesRevenueHolders revenue
Jun 2024$153,125$76,563-
Jul 2024$74,873$37,438-
Aug 2024$36,135$18,066-
Sep 2024$13,289$6,647-
Oct 2024$8,884$4,438-
Nov 2024$5,053$2,524-
May 2025$100,484$50,239$0
Jun 2025$142,140$71,072$0
Jul 2025$90,353$45,176$0
Aug 2025$253,808$126,902$0
Sep 2025$136,488$68,242$0
Oct 2025$110,902$55,110$0
Nov 2025$149,302$74,602$0
Dec 2025$123,474$61,704$0
Jan 2026$87,858$43,886$0
Feb 2026$68,605$34,050$0
Mar 2026$32,435$16,035$0
Apr 2026$98,157$48,854$0
May 2026$228,096$114,005$0
Jun 2026$174,439$172,826$86,409
Jul 2026$151,700$151,699$75,849
Aug 2026$5,837$5,829$2,915
Sep 2026$3,511$3,511$1,755
Oct 2026 (to date)$9.58$9.54$4.77

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/abracadabra-spell

Frequently asked questions

What is Abracadabra Spell's TVL?

As of Oct 20, 2026, Abracadabra Spell has $4.79m in total value locked. TVL has decreased 2.5% over the past 30 days.

What chains does Abracadabra Spell operate on?

Abracadabra Spell operates on 8 chains: Ethereum, Arbitrum, BSC, Avalanche, and Blast and 3 others. Ethereum holds the largest share at 52.2%.

How much has Abracadabra Spell generated in fees and revenue?

Over the past 30 days, Abracadabra Spell generated $3,513 in fees. Of that, $3,513 was protocol revenue. Based on the trailing year, the annualized rate is $1.15m in fees and $741,936 in revenue.

How does Abracadabra Spell's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Abracadabra Spell ranks #23 by TVL. The category holds $7.773b across 198 protocols, and Abracadabra Spell accounts for 0.1% of that total. Similar protocols include QiDao, Angle, Reservoir Protocol, Davos Protocol, Gravita Protocol, xDollar, Button Wrappers, TopShelf, Deaderal Reserve Protocol, and USDD.

How many yield pools does Abracadabra Spell have?

DefiLlama tracks 1 Abracadabra Spell yield pool with an average APY of 16.1%.

Has Abracadabra Spell ever been exploited?

Abracadabra Spell has 3 recorded security incidents. The most recent incident occurred on Oct 4, 2025 and involved $1.7m. It was classified as Access Control.