Total Value Locked$129,804
TVL by Chain
IOTA EVM$129,804
Key Metrics
Fees 30d$6,865
Fees 30d by chain
IOTA EVM$6,865
Fees 7d$19.21
IOTA EVM$19.21
Fees 24h$0.40
IOTA EVM$0.40
Cumulative Fees$962,483
IOTA EVM$962,483
Revenue 30d$1,718
Revenue 30d by chain
IOTA EVM$1,718
Revenue 7d$4.89
IOTA EVM$4.89
Revenue 24h$0.10
IOTA EVM$0.10
Cumulative Revenue$240,618
IOTA EVM$240,618
Holders Revenue 30d$1,718
Holders Revenue 30d by chain
IOTA EVM$1,718
Holders Revenue 7d$4.89
IOTA EVM$4.89
Holders Revenue 24h$0.10
IOTA EVM$0.10
Cumulative Holders Revenue$13,116
IOTA EVM$13,116
DEX Volume 30d$2.1m
DEX Volume 30d by chain
IOTA EVM$2.1m
DEX Volume 7d$5,723
IOTA EVM$5,723
DEX Volume 24h$315
IOTA EVM$315
Cumulative DEX Volume$384.99m
IOTA EVM$384.99m
Protocol Information
MagicSea is the leading Decentralized Exchange (DEX) and NFT Marketplace on IOTA and Shimmer EVM offering a premier Trading and Market Making experience
Sub Category: AMM
Methodology
TVL: We count the token balances in in different liquidity book contractsView code on GitHubFees: 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 GitHubRevenue: 25% of swap fees, the protocol's share on every pool.View code on GitHubHolders Revenue: 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 GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubCompetitors
MagicSea LB history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 11, 2024 to Nov 1, 2026.
All-time high TVL: $8.7m on Dec 8, 2024. All-time low TVL: $36,633 on Jun 19, 2024.
Daily TVL, Oct 3, 2026 to Nov 1, 2026
| Date | TVL |
|---|---|
| Oct 3, 2026 | $260,588 |
| Oct 4, 2026 | $264,888 |
| Oct 5, 2026 | $266,539 |
| Oct 6, 2026 | $265,743 |
| Oct 7, 2026 | $263,205 |
| Oct 8, 2026 | $253,314 |
| Oct 9, 2026 | $247,834 |
| Oct 10, 2026 | $175,332 |
| Oct 11, 2026 | $201,558 |
| Oct 12, 2026 | $201,864 |
| Oct 13, 2026 | $156,482 |
| Oct 14, 2026 | $130,618 |
| Oct 15, 2026 | $130,474 |
| Oct 16, 2026 | $153,376 |
| Oct 17, 2026 | $144,378 |
| Oct 18, 2026 | $143,869 |
| Oct 19, 2026 | $130,092 |
| Oct 20, 2026 | $130,092 |
| Oct 21, 2026 | $142,024 |
| Oct 22, 2026 | $142,296 |
| Oct 23, 2026 | $130,004 |
| Oct 24, 2026 | $140,753 |
| Oct 25, 2026 | $141,195 |
| Oct 26, 2026 | $129,944 |
| Oct 27, 2026 | $129,952 |
| Oct 28, 2026 | $129,923 |
| Oct 29, 2026 | $129,793 |
| Oct 30, 2026 | $129,624 |
| Oct 31, 2026 | $129,819 |
| Nov 1, 2026 | $129,851 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $6.15m |
| Jan 31, 2025 | $6.39m |
| Feb 28, 2025 | $4.66m |
| Mar 31, 2025 | $3.33m |
| Apr 30, 2025 | $2.98m |
| May 31, 2025 | $3.1m |
| Jun 30, 2025 | $2.91m |
| Jul 31, 2025 | $3.08m |
| Aug 31, 2025 | $2.95m |
| Sep 30, 2025 | $2.52m |
| Oct 31, 2025 | $2.27m |
| Nov 30, 2025 | $968,550 |
| Dec 31, 2025 | $936,301 |
| Jan 31, 2026 | $960,798 |
| Feb 28, 2026 | $888,139 |
| Mar 31, 2026 | $763,292 |
| Apr 30, 2026 | $711,359 |
| May 31, 2026 | $690,484 |
| Jun 30, 2026 | $670,085 |
| Jul 31, 2026 | $640,441 |
| Aug 31, 2026 | $357,583 |
| Sep 30, 2026 | $414,206 |
| Oct 31, 2026 | $129,819 |
| Nov 1, 2026 (latest) | $129,851 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $6.15m |
| Dec 31, 2025 | $936,301 |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $132,755 | $33,189 | — |
| Jan 2025 | $87,733 | $21,933 | — |
| Feb 2025 | $54,054 | $13,512 | — |
| Mar 2025 | $68,675 | $17,169 | — |
| Apr 2025 | $59,242 | $14,811 | — |
| May 2025 | $39,230 | $9,808 | — |
| Jun 2025 | $27,007 | $6,749 | — |
| Jul 2025 | $60,209 | $15,055 | — |
| Aug 2025 | $44,777 | $11,198 | — |
| Sep 2025 | $28,303 | $7,076 | — |
| Oct 2025 | $44,703 | $11,174 | — |
| Nov 2025 | $32,821 | $8,203 | — |
| Dec 2025 | $15,516 | $3,880 | — |
| Jan 2026 | $23,953 | $5,990 | — |
| Feb 2026 | $24,236 | $6,058 | — |
| Mar 2026 | $12,895 | $3,226 | — |
| Apr 2026 | $16,446 | $4,108 | — |
| May 2026 | $20,513 | $5,124 | — |
| Jun 2026 | $21,497 | $5,372 | — |
| Jul 2026 | $17,012 | $4,252 | $421.03 |
| Aug 2026 | $16,247 | $4,060 | $4,060 |
| Sep 2026 | $26,024 | $6,510 | $6,510 |
| Oct 2026 | $8,496 | $2,126 | $2,126 |
| Nov 2026 (to date) | $0.40 | $0.10 | $0.10 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/magicsea-lb
Frequently asked questions
What is MagicSea LB's TVL?
As of Nov 1, 2026, MagicSea LB has $129,804 in total value locked. TVL has decreased 69.8% over the past 30 days.
What chains does MagicSea LB operate on?
MagicSea LB operates on IOTA EVM. IOTA EVM holds the largest share at 100%.
How much has MagicSea LB generated in fees and revenue?
Over the past 30 days, MagicSea LB generated $6,865 in fees. Of that, $1,718 was protocol revenue. Based on the trailing year, the annualized rate is $235,656 in fees and $58,909 in revenue.
How does MagicSea LB's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, MagicSea LB ranks #522 by TVL. The category holds $12.993b across 1,925 protocols, and MagicSea LB accounts for <0.1% of that total. Similar protocols include WAGMI, MagicSea AMM, Velocimeter V4, Graphene by Velocimeter, Uniswap V3, PancakeSwap AMM, Uniswap V4, Curve DEX, Raydium AMM, and Uniswap V2.
How much trading volume does MagicSea LB process?
MagicSea LB processed $2.1m in DEX volume over the past 30 days.