Abracadabra Spell(SPELL)
Total Value Locked$5.05m
TVL by Chain
Ethereum$2.57m
Arbitrum$2.27m
BSC$157,008
Avalanche$37,355
Blast$13,583
Fantom$2,844
Kava$174.69
OP Mainnet$0
Key Metrics
Fees 30d$3,512
Fees 30d by chain
Arbitrum$3,502
Avalanche$8.40
Ethereum$2.08
BSC$0.06
OP Mainnet$0.04
Fantom$0
Kava$0
Fees 7d$8.56
Arbitrum$8.48
Avalanche$0.05
OP Mainnet$0.04
BSC$0
Ethereum$0
Fantom$0
Kava$0
Fees 24h$1.29
Arbitrum$1.26
OP Mainnet$0.04
Avalanche$0
BSC$0
Ethereum$0
Fantom$0
Kava$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$9.85
Revenue 30d$3,512
Revenue 30d by chain
Arbitrum$3,502
Avalanche$8.40
Ethereum$2.08
BSC$0.06
OP Mainnet$0.03
Fantom$0
Kava$0
Revenue 7d$8.55
Arbitrum$8.48
Avalanche$0.05
OP Mainnet$0.03
BSC$0
Ethereum$0
Fantom$0
Kava$0
Revenue 24h$1.28
Arbitrum$1.26
OP Mainnet$0.03
Avalanche$0
BSC$0
Ethereum$0
Fantom$0
Kava$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$4.48
Holders Revenue 30d$1,756
Holders Revenue 30d by chain
Arbitrum$1,750
Avalanche$4.20
Ethereum$1.04
BSC$0.03
OP Mainnet$0.01
Fantom$0
Kava$0
Holders Revenue 7d$4.28
Arbitrum$4.24
Avalanche$0.03
OP Mainnet$0.01
BSC$0
Ethereum$0
Fantom$0
Kava$0
Holders Revenue 24h$0.64
Arbitrum$0.63
OP Mainnet$0.01
Avalanche$0
BSC$0
Ethereum$0
Fantom$0
Kava$0
Cumulative Holders Revenue$166,928
Ethereum$85,234
Arbitrum$81,563
BSC$63.15
Avalanche$51.64
Kava$18.22
OP Mainnet$1.30
Fantom$0
Protocol Information
Abracadabra.money is a spell book that allows users to produce magic internet money ($MIM) which is a stable coin that you can swap for any other traditional stable coin.
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 GitHubYields
Pools Tracked1
Average Supply APY16.32%
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
Frequently Asked Questions
What is Abracadabra Spell's TVL?
Abracadabra Spell currently has $5.05m in total value locked. TVL has increased 5.3% 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 50.9%.
How much has Abracadabra Spell generated in fees and revenue?
Over the past 30 days, Abracadabra Spell generated $3,512 in fees. Of that, $3,512 was protocol revenue. Based on the trailing year, the annualized rate is $1.22m in fees and $776,162 in revenue.
How does Abracadabra Spell's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Abracadabra Spell ranks #21 by TVL. The category holds $8.105b across 198 protocols, and Abracadabra Spell accounts for 0.1% of that total. Other leading 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 16.3%.
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.