Ask about MagicSea
Logo of MagicSeaMagicSea
Total Value Locked$986,964

TVL by Chain

ShimmerEVM$555,867

IOTA EVM$431,097

Key Metrics

Fees 30d$19,482
Fees 30d by chain

IOTA EVM$19,480.22

ShimmerEVM$1.78

Fees 7d$2,951

IOTA EVM$2,951

Fees 24h$567

IOTA EVM$567

Cumulative Fees$1.11m

IOTA EVM$935,264.02

ShimmerEVM$176,544.54

Revenue 30d$4,871.56
Revenue 30d by chain

IOTA EVM$4,871.56

Revenue 7d$737.67

IOTA EVM$737.67

Revenue 24h$141

IOTA EVM$141

Cumulative Revenue$277,093.85

IOTA EVM$233,808.85

ShimmerEVM$43,285

Holders Revenue 30d$4,871.56
Holders Revenue 30d by chain

IOTA EVM$4,871.56

Holders Revenue 7d$737.67

IOTA EVM$737.67

Holders Revenue 24h$141

IOTA EVM$141

Cumulative Holders Revenue$49,591.98

ShimmerEVM$43,285

IOTA EVM$6,306.98

DEX Volume 30d$6.28m
DEX Volume 30d by chain

IOTA EVM$6.28m

ShimmerEVM$579.48

DEX Volume 7d$1.02m

IOTA EVM$1.02m

DEX Volume 24h$197,557

IOTA EVM$197,557

Cumulative DEX Volume$435.49m

IOTA EVM$376.53m

ShimmerEVM$58.95m

Protocol Information

Trade, Earn and Boost with the Power of IOTA

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Category:Dexs
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Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

MagicSea AMM - Swap fees paid by usersView code on GitHubMagicSea LB - Swap fees paid by traders, from 0.05% on stablecoin pairs to 0.8% on volatile pairs, rising further while the market is volatile.View code on GitHub

Revenue:

MagicSea AMM - Percentage of swap fees going to treasury and/or token holdersView code on GitHubMagicSea LB - 25% of swap fees, the protocol's share on every pool.View code on GitHub

Holders Revenue:

MagicSea AMM - Money going to governance token holdersView code on GitHubMagicSea LB - The protocol's 25% share of swap fees, routed to the Magic LUM staking pool and paid out to MLUM stakers in USDC.View code on GitHub

DEX Volume: Volume of all spot token swaps on the DEX

Competitors

WAGMI ($272,855.7)IcecreamSwap V2 ($24,377.62)Velocimeter V4 ($8,903.71)Iotabee ($3,705.29)Graphene by Velocimeter ($2,791.45)Swapline V1 ($970.18)TangleSwap ($411.54)PancakeSwap AMM ($1.892b)Uniswap V3 ($1.878b)Curve DEX ($1.283b)

Frequently Asked Questions

What is MagicSea's TVL?

MagicSea currently has $986,964 in total value locked. TVL has decreased 2.4% over the past 30 days.

What chains does MagicSea operate on?

MagicSea operates on 2 chains: ShimmerEVM and IOTA EVM. ShimmerEVM holds the largest share at 56.3%.

How much has MagicSea generated in fees and revenue?

Over the past 30 days, MagicSea generated $19,482 in fees. Of that, $4,871.56 was protocol revenue. Based on the trailing year, the annualized rate is $269,016.56 in fees and $67,173.85 in revenue.

How does MagicSea's TVL compare to similar protocols?

Among Dexs protocols tracked by DefiLlama, MagicSea ranks #260 by TVL. The category holds $13.459b across 1,933 protocols, and MagicSea accounts for <0.1% of that total. Other leading protocols include WAGMI, IcecreamSwap V2, Velocimeter V4, Iotabee, Graphene by Velocimeter, Swapline V1, TangleSwap, PancakeSwap AMM, Uniswap V3, and Curve DEX.

How much trading volume does MagicSea process?

MagicSea processed $6.28m in DEX volume over the past 30 days.