Logo of MagicSeaMagicSea
Total Value Locked$1.06m

TVL by Chain

ShimmerEVM$562,327

IOTA EVM$500,304

Key Metrics

Fees (Annualized)$281,850.3
Fees 30d$13,443.03

IOTA EVM$13,430.96

ShimmerEVM$12.07

Fees 7d$7,985.17

IOTA EVM$7,984

ShimmerEVM$1.17

Fees 24h$1,047.12

IOTA EVM$1,047

ShimmerEVM$0.12

Cumulative Fees$1.1m

IOTA EVM$924,481.83

ShimmerEVM$176,541.47

Revenue (Annualized)$70,375.34
Revenue 30d$3,354.05

IOTA EVM$3,354.05

Revenue 7d$1,994.16

IOTA EVM$1,994.16

Revenue 24h$263

IOTA EVM$263

Cumulative Revenue$274,398.34

IOTA EVM$231,113.34

ShimmerEVM$43,285

Holders Revenue (Annualized)$39,603.91
Holders Revenue 30d$3,354.05

IOTA EVM$3,354.05

Holders Revenue 7d$1,994.16

IOTA EVM$1,994.16

Holders Revenue 24h$263

IOTA EVM$263

Cumulative Holders Revenue$46,895.62

ShimmerEVM$43,285

IOTA EVM$3,610.62

DEX Volume 30d$4.09m
DEX Volume 30d by chain

IOTA EVM$4.09m

ShimmerEVM$4,013.58

DEX Volume 7d$2.13m

IOTA EVM$2.13m

ShimmerEVM$382.81

DEX Volume 24h$377,925.8

IOTA EVM$377,886

ShimmerEVM$39.8

Cumulative DEX Volume$431.59m

IOTA EVM$372.64m

ShimmerEVM$58.95m

Protocol Information

Trade, Earn and Boost with the Power of IOTA

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Category:Dexs
Products:

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 ($661,824.02)IcecreamSwap V2 ($26,138.91)Velocimeter V4 ($6,969.07)Iotabee ($4,078.23)Graphene by Velocimeter ($2,912.03)Swapline V1 ($2,367.92)TangleSwap ($1,486.32)PancakeSwap AMM ($1.94b)Uniswap V3 ($1.58b)Curve DEX ($1.346b)

Frequently Asked Questions

What is MagicSea's TVL?

MagicSea currently has $1.06m in total value locked. TVL has decreased 14.8% 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 52.9%.

How much has MagicSea generated in fees and revenue?

Over the past 30 days, MagicSea generated $13,443.03 in fees. Of that, $3,354.05 was protocol revenue. Based on the trailing year, the annualized rate is $281,850.3 in fees and $70,375.34 in revenue.

How does MagicSea's TVL compare to similar protocols?

Among Dexs protocols tracked by DefiLlama, MagicSea ranks #236 by TVL. The category holds $12.792b across 1,915 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 $4.09m in DEX volume over the past 30 days.