Ask about MagicSea

Logo of MagicSeaMagicSea

Total Value Locked$232,322

TVL by Chain

IOTA EVM$232,322

ShimmerEVM$0

Key Metrics

Fees 30d$28,701
Fees 30d by chain

IOTA EVM$28,701

Fees 7d$5,693

IOTA EVM$5,693

Fees 24h$901

IOTA EVM$901

Cumulative Fees$1.14m

IOTA EVM$962,028

ShimmerEVM$176,545

Revenue 30d$7,177
Revenue 30d by chain

IOTA EVM$7,177

Revenue 7d$1,423

IOTA EVM$1,423

Revenue 24h$226

IOTA EVM$226

Cumulative Revenue$283,789

IOTA EVM$240,504

ShimmerEVM$43,285

Holders Revenue 30d$7,177
Holders Revenue 30d by chain

IOTA EVM$7,177

Holders Revenue 7d$1,423

IOTA EVM$1,423

Holders Revenue 24h$226

IOTA EVM$226

Cumulative Holders Revenue$56,287

ShimmerEVM$43,285

IOTA EVM$13,002

DEX Volume 30d$8.96m
DEX Volume 30d by chain

IOTA EVM$8.96m

DEX Volume 7d$1.68m

IOTA EVM$1.68m

DEX Volume 24h$310,020

IOTA EVM$310,020

Cumulative DEX Volume$443.77m

IOTA EVM$384.82m

ShimmerEVM$58.95m

Protocol Information

Trade, Earn and Boost with the Power of IOTA

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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, from 0.05% on stablecoin pairs to 0.8% on volatile pairs, rising further while the market is volatile.View code on GitHub

Revenue:

MagicSea AMM - Percentage of swap fees going to treasury and/or token holdersView code on GitHubMagicSea LB - 25% of swap fees, the protocol's share on every pool.View code on GitHub

Holders Revenue:

MagicSea AMM - Money going to governance token holdersView code on GitHubMagicSea LB - 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 GitHub

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

Competitors

WAGMI ($269,871)IcecreamSwap V2 ($24,577)Velocimeter V4 ($9,997)Graphene by Velocimeter ($2,712)Swapline V1 ($971.38)TangleSwapIotabeePancakeSwap AMM ($1.758b)Uniswap V3 ($1.613b)Uniswap V4 ($1.274b)

Frequently Asked Questions

What is MagicSea's TVL?

MagicSea currently has $232,322 in total value locked. TVL has decreased 76.6% over the past 30 days.

What chains does MagicSea operate on?

MagicSea operates on 2 chains: IOTA EVM and ShimmerEVM. IOTA EVM holds the largest share at 100%.

How much has MagicSea generated in fees and revenue?

Over the past 30 days, MagicSea generated $28,701 in fees. Of that, $7,177 was protocol revenue. Based on the trailing year, the annualized rate is $269,696 in fees and $67,356 in revenue.

How does MagicSea's TVL compare to similar protocols?

Among Dexs protocols tracked by DefiLlama, MagicSea ranks #459 by TVL. The category holds $14.091b across 1,938 protocols, and MagicSea accounts for <0.1% of that total. Other leading protocols include WAGMI, IcecreamSwap V2, Velocimeter V4, Graphene by Velocimeter, Swapline V1, TangleSwap, Iotabee, PancakeSwap AMM, Uniswap V3, and Uniswap V4.

How much trading volume does MagicSea process?

MagicSea processed $8.96m in DEX volume over the past 30 days.