Magic Eden

Magic Eden ME

Status: ListedInfrastructure
Token GradeBBB
Overall Score: 31.0 /100Rank: 88 of 172
Disclosures BBB4.51 /10
Performance AA6.87 /10

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Disclosures Overview

Core Contributors

Legal & Financial

Tokenomics

Service Providers

Performance Overview: Market Quality

Total Volume (as % of Market Cap)

Market Cap (USD)

Trade Volume (USD)

Trade Volume (prev. 30D avg.)$120,316,020
Market Capitalization (prev. 30D avg.)$44,006,263
Trade Volume / Market Capitalization344.67%
GradeAAAScore10.00Percentile100.00%

Depth +/- 2% (as a % of Market Capitalization)

Depth +/- 2% (USD) | Market Cap (USD)

Depth (+/- 2%)Market Cap
Depth +/- 2% (prev. 30D avg.)$5,760,436
Market Capitalization (prev. 30D avg.)$44,006,263
Depth / Market Capitalization13.76%
GradeAAAScore10.00Percentile100.00%

Bid / Ask Spread (Volume weighted spreads)

Bid / Ask Spread (%)

UpbitBinanceBybit (Futures)
Exchange with Tightest SpreadsBybit (Futures)
Volume Weighted Bid / Ask Spread (prev. 30 days)0.5478%
GradeBBScore4.00Percentile16.37%

Price Performance

30D Change: 3.69%

Price (USD)

Count Green Candles17
Count Red Candles13
Candle "Win Rate"56.67%
GradeAAScore7.00Percentile81.66%

Open Interest (as a % of Market Capitalization)

Top Venues by OI (prev. 30D avg.)

Bitmart$3,889,371
Mexc$3,830,555
Binance$2,026,332
Total (All Exchanges)$14,453,501
Open Interest / Market Capitalization16.26%
GradeAAAScore9.00Percentile65.61%

Funding Rate

Funding Rate (%)

BitmartMexcBinance
Open Interest-Weighted Funding Rate0.0088%
GradeAAScore7.00Percentile51.59%

Performance Overview: Liquidity Providers

Data not disclosed

Market Maker Volume (as a % of total volume)

N/A
GradeCCC
Score0.00
Percentile0.00%

Market Maker Depth (as a % of total depth)

N/A
GradeCCC
Score0.00
Percentile0.00%

Market Maker Uptime / KPI Adherence

N/A
GradeCCC
Score0.00
Percentile0.00%

Performance Overview: Liquidity Footprint

Top-Tier Exchange Coverage

4 out of 4 (100%)BinanceOKXCoinbaseUpbit
GradeAAAScore10.00Percentile100.00%

Total Volume (CEX vs DEX)

Volume (USD)

CEX Volume (avg)$4,495,563
DEX Volume (avg)$17
CEX Volume share100.00%
GradeAScore5.00Percentile68.42%

Total +/- 2% Depth (CEX vs DEX)

+/- 2% Depth (USD)

CEX Depth (avg)$2,519,429
DEX Depth (avg)$20,915
CEX Depth share99.42%
GradeAScore5.00Percentile58.48%

Total Volume (Spot vs Perps)

Volume (USD)

Spot Volume (avg)$4,495,580
Perps Volume (avg)$14,375,748
Spot Volume share94.77%
GradeAAScore7.00Percentile26.90%

Total +/- 2% Depth (Spot vs Perps)

+/- 2% Depth (USD)

Spot Depth (avg)$2,540,343
Perps Depth (avg)$2,400,498
Spot Depth share59.59%
GradeAAAScore10.00Percentile100.00%

Performance Overview: Tokenomics

Disclosed Token Vesting vs Actual Vesting

Disclosed TGE DateN/A
Disclosed Duration48 months
Disclosed Total Groups6
Disclosed Max. SupplyN/A

Disclosed Maximum Token Supply (%) | Months Since TGE

Initial ClaimStrategic PartnersContributors & AdvisorsCommunity RewardsEcosystem DevelopmentFoundation Treasury

Commentary versus actual token vesting

N/A

GradeCCCScore0.00Percentile100.00%

Market Cap vs. FDV (Ratio)

0.62:1
GradeAAA
Score8.00
Percentile53.80%

Fully Diluted Valuation (FDV) (USD)

$70,070,506
GradeBB
Score4.00
Percentile23.39%

Annualized Rate of Inflation

20.76%
GradeB
Score3.00
Percentile60.47%

Buyback & Burn Events

2,259,481 tokens
GradeAAA
Score10.00
Percentile100.00%

Data as of 2026-10-09 · Scoring config v4 · Rated 172 of 173 projects

UTR scores evaluate disclosure quality and token market structure. The score is informational and should not be interpreted as an assessment of expected returns or as an investment recommendation.