Ask about MagicSea
Logo of MagicSeaMagicSea
Total Value Locked$1.24m

TVL by Chain

IOTA EVM$680,413

ShimmerEVM$563,913

Key Metrics

Fees (Annualized)$305,978.71
Fees 30d$17,250.71

IOTA EVM$17,241.01

ShimmerEVM$9.7

Fees 7d$1,262.71

IOTA EVM$1,257.01

ShimmerEVM$5.7

Fees 24h$233.82

IOTA EVM$233

ShimmerEVM$0.82

Cumulative Fees$1.09m

IOTA EVM$910,804.01

ShimmerEVM$176,530.7

Revenue (Annualized)$76,408.08
Revenue 30d$4,311.08

IOTA EVM$4,311.08

Revenue 7d$315.08

IOTA EVM$315.08

Revenue 24h$58.18

IOTA EVM$58.18

Cumulative Revenue$270,981.08

IOTA EVM$227,696.08

ShimmerEVM$43,285

Holders Revenue (Annualized)$10,993.8
Holders Revenue 30d$90.36

IOTA EVM$90.36

Holders Revenue 7d$90.36

IOTA EVM$90.36

Holders Revenue 24h$58.18

IOTA EVM$58.18

Cumulative Holders Revenue$43,478.36

ShimmerEVM$43,285

IOTA EVM$193.36

DEX Volume 30d$4.89m
DEX Volume 30d by chain

IOTA EVM$4.89m

ShimmerEVM$3,647

DEX Volume 7d$462,275

IOTA EVM$460,538

ShimmerEVM$1,737

DEX Volume 24h$99,091

IOTA EVM$98,830

ShimmerEVM$261

Cumulative DEX Volume$427.42m

IOTA EVM$368.47m

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 ($598,098.56)MagicSea LB ($645,591.57)WAGMI ($643,993.73)IcecreamSwap V2 ($20,847.66)Velocimeter V4 ($5,636.29)Iotabee ($3,309.01)Graphene by Velocimeter ($2,357.4)Swapline V1 ($2,115.77)TangleSwap ($1,480.23)

Frequently Asked Questions

What is MagicSea?

Trade, Earn and Boost with the Power of IOTA

What is MagicSea's TVL?

MagicSea currently has $1.24m in total value locked. TVL has decreased 2.2% over the past 30 days.

What chains does MagicSea operate on?

MagicSea operates on 2 chains: ShimmerEVM and IOTA EVM. IOTA EVM holds the largest share at 54.7%.

How much has MagicSea generated in fees and revenue?

Over the past 30 days, MagicSea generated $17,250.71 in fees. Of that, $4,311.08 was protocol revenue. Based on the trailing year, the annualized rate is $305,978.71 in fees and $76,408.08 in revenue.

How does MagicSea's TVL compare to similar protocols?

Among Dexs protocols tracked by DefiLlama, MagicSea ranks #175 by TVL. The category holds $11.2b across 1,574 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 $4.89m in DEX volume over the past 30 days.