Ask about MagicSea
Logo of MagicSeaMagicSea
Total Value Locked$1.02m

TVL by Chain

ShimmerEVM$555,313

IOTA EVM$466,265

Key Metrics

Fees (Annualized)$299,422.71
Fees 30d$13,680.71

IOTA EVM$13,671.01

ShimmerEVM$9.7

Fees 7d$2,077

IOTA EVM$2,077

ShimmerEVM$0

Fees 24h$205

IOTA EVM$205

ShimmerEVM$0

Cumulative Fees$1.09m

IOTA EVM$912,707.01

ShimmerEVM$176,530.7

Revenue (Annualized)$74,767.73
Revenue 30d$3,416.73

IOTA EVM$3,416.73

Revenue 7d$517.65

IOTA EVM$517.65

Revenue 24h$50.82

IOTA EVM$50.82

Cumulative Revenue$271,455.32

IOTA EVM$228,170.32

ShimmerEVM$43,285

Holders Revenue (Annualized)$22,192.37
Holders Revenue 30d$608.01

IOTA EVM$608.01

Holders Revenue 7d$517.65

IOTA EVM$517.65

Holders Revenue 24h$50.82

IOTA EVM$50.82

Cumulative Holders Revenue$43,952.6

ShimmerEVM$43,285

IOTA EVM$667.6

DEX Volume 30d$3.68m
DEX Volume 30d by chain

IOTA EVM$3.68m

ShimmerEVM$3,568.17

DEX Volume 7d$712,850.17

IOTA EVM$712,850

ShimmerEVM$0.17

DEX Volume 24h$69,544

IOTA EVM$69,544

ShimmerEVM$0

Cumulative DEX Volume$428.09m

IOTA EVM$369.14m

ShimmerEVM$58.95m

Protocol Information

Trade, Earn and Boost with the Power of IOTA

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 on every swap, ranging from ~0.25% up to a 10% cap depending on the pool and market volatility.View code on GitHub

Revenue:

MagicSea AMM - Percentage of swap fees going to treasury and/or token holdersView code on GitHubMagicSea LB - The protocol share of swap fees (up to 25% of fees).View code on GitHub

Holders Revenue:

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

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

Competitors

MagicSea AMM ($585,003.87)WAGMI ($572,939.89)MagicSea LB ($436,575.06)IcecreamSwap V2 ($23,622.78)Velocimeter V4 ($5,787.36)Iotabee ($2,866.54)Graphene by Velocimeter ($2,329.86)Swapline V1 ($996.64)TangleSwap ($466.2)

Frequently Asked Questions

What is MagicSea?

Trade, Earn and Boost with the Power of IOTA

What is MagicSea's TVL?

MagicSea currently has $1.02m in total value locked. TVL has decreased 24.1% 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 54.4%.

How much has MagicSea generated in fees and revenue?

Over the past 30 days, MagicSea generated $13,680.71 in fees. Of that, $3,416.73 was protocol revenue. Based on the trailing year, the annualized rate is $299,422.71 in fees and $74,767.73 in revenue.

How does MagicSea's TVL compare to similar protocols?

Among Dexs protocols tracked by DefiLlama, MagicSea ranks #195 by TVL. The category holds $11.125b across 1,578 protocols, and MagicSea accounts for <0.1% of that total. Other leading protocols include Uniswap, PancakeSwap, and Curve Finance.

How much trading volume does MagicSea process?

MagicSea processed $3.68m in DEX volume over the past 30 days.