Magic Internet Money(MIM)
Onchain Marketcap$3.58m

Onchain Marketcap by chain

Ethereum$1.78m

Arbitrum$716,724

Avalanche$488,845

Kava$218,421

Fantom$178,570

Blast$155,043

Moonriver$27,987

BSC$8,782

OP Mainnet$6,376

Polygon$2,616

Nibiru$1,365

Berachain$822

Base$766

Linea$303

Harmony$34

Solana$14

Fraxtal$0

Key Metrics

Active Marketcap$3.58m

Ethereum$1.78m

Arbitrum$716,724

Avalanche$488,845

Kava$218,421

Fantom$178,570

Blast$155,043

Moonriver$27,987

BSC$8,782

OP Mainnet$6,376

Polygon$2,616

Nibiru$1,365

Berachain$822

Base$766

Linea$303

Harmony$34

Solana$14

Fraxtal$0

DeFi Active TVL$23,721
MIM Swap$22,863

Blast$21,509

Nibiru$1,354

Kodiak V3$791

Berachain$791

Uniswap V4$67

Blast$67

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