Magic Eden(ME)

Total Value Locked$150,962

TVL by Chain

Bitcoin$107,073

Solana$38,897

Arbitrum$4,030

Base$962.36

Ethereum$0

Key Metrics

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Market Cap$45.11m

$ME Price$0.073

All Time High$17

All Time Low$0.055

View $ME token page

Fully Diluted Valuation$72.74m

Outstanding FDV$59.58m

$ME Volume 24h$2.12m

CEX Volume$1.75m

DEX Volume$762,830(36.02% of total)

Staked$29.28m(64.91% of mcap)

Total Raised$149.4m

Oct 1, 2021$2.5mRound: SeedInvestors: 6th Man Ventures

Mar 14, 2022$16.9mRound: Series AInvestors: Paradigm, Sequoia Capital, Solana Ventures

Jun 22, 2022$130mRound: Series BInvestors: Electric Capital, Greylock

USDBTC

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Protocol Information

The largest NFT marketplace and Runes platform. Buy, sell and discover Ordinals and NFTs across Solana, Bitcoin, Ethereum, Base, ApeChain, Abstract, Berachain, Monad Testnet, Arbitrum, Sei, BNB Chain, and Polygon.

Website X/Twitter

Category:NFT Marketplace

Methodology

TVL: TVL includes the tokens held in various Magic Eden controlled wallets on Solana and Bitcoin.

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Competitors

Sudoswap V2 ($618,807)Sweep n Flip ($680.74)Element NFT Marketplace ($86.94)NFTX ($2.1m)Blur Bids ($17.98m)Punks Terminal ($1.97m)ImmutableX ($619,606)Sudoswap V1 ($511,256)GumBall Protocol ($368,631)Tensor ($346,123)

Frequently asked questions

What is Magic Eden's TVL?

Magic Eden currently has $150,962 in total value locked. TVL has decreased 80.4% over the past 30 days.

What chains does Magic Eden operate on?

Magic Eden operates on 5 chains: Bitcoin, Solana, Arbitrum, Base, and Ethereum. Bitcoin holds the largest share at 70.9%.

What is the ME token price and valuation?

ME is currently trading at $0.072. Its circulating market capitalization is $44.86m, ranking it #686. Its fully diluted valuation is $72.35m. Supply currently stands at 620.08m circulating, 999.99m total supply, 1b maximum supply.

How has ME performed recently?

ME is down 5.5% over the past 7 days and up 14.2% over the past 30 days. Its all-time high is $17, reached on Dec 10, 2024. The token is currently 99.6% below that level.

How does Magic Eden's TVL compare to similar protocols?

Among NFT Marketplace protocols tracked by DefiLlama, Magic Eden ranks #11 by TVL. The category holds $25.51m across 66 protocols, and Magic Eden accounts for 0.6% of that total. Other leading protocols include Sudoswap V2, Sweep n Flip, Element NFT Marketplace, NFTX, Blur Bids, Punks Terminal, ImmutableX, Sudoswap V1, GumBall Protocol, and Tensor.