Magic Internet Money(MIM)
Onchain Marketcap$3.65m

Onchain Marketcap by chain

Ethereum$1.81m

Arbitrum$729,848

Avalanche$497,797

Kava$222,421

Fantom$181,840

Blast$157,882

Moonriver$28,500

BSC$8,943

OP Mainnet$6,492

Polygon$2,664

Nibiru$1,390

Berachain$837

Base$781

Linea$309

Harmony$34

Solana$14

Fraxtal$0

Key Metrics

Active Marketcap$3.65m

Ethereum$1.81m

Arbitrum$729,848

Avalanche$497,797

Kava$222,421

Fantom$181,840

Blast$157,882

Moonriver$28,500

BSC$8,943

OP Mainnet$6,492

Polygon$2,664

Nibiru$1,390

Berachain$837

Base$781

Linea$309

Harmony$34

Solana$14

Fraxtal$0

DeFi Active TVL$24,141
MIM Swap$23,268

Blast$21,890

Nibiru$1,378

Kodiak V3$805

Berachain$805

Uniswap V4$68

Blast$68

Net Flows 7d-

Net Flows 30d-

MIM Price$0.13

Chains16

Token Properties

Asset ClassCrypto Stable
TypeAsset
RWA ClassificationRWA
Access ModelPermissionless
Parent PlatformAbracadabra

Classification

RedeemableIndicates whether the token can be redeemed for underlying assets

TransferableIndicates whether the token can be transferred freely between on chain addresses

Self CustodyIndicates whether the token can be held in a user controlled wallet

CEX ListedIndicates whether the token is listed on a centralized exchange

AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing

Notes

  • MIM is the stablecoin minted by Abracadabra’s lending markets, where users borrow against interest-bearing crypto collateral (e.g., yield vault shares, LP tokens). Peg stability depends on overcollateralization and liquidation risk management across many collateral types, which can create complex cross-protocol contagion risk. Key risks include collateral depegs, liquidation cascades, oracle risk, and smart-contract risk across the integrated DeFi stack.

Chains