$MAGMA 1. Market Overview & Pricing Statistics
Current Price: ~$0.50 – $0.51 USD
24-Hour Range: ~$0.37 – $0.55 USD
Market Capitalization: ~$93M – $100M USD (Circulating Market Cap)
Fully Diluted Valuation (FDV): ~$502M USD
Circulating Supply: 190,000,000 MAGMA (Out of a 1,000,000,000 max supply)
Trading Volume (24h):
Spot: ~$4M – $10M USD
Derivatives/Futures: High volatility and speculative interest, with significant open interest and futures trading volume reaching upwards of $470M+.
All-Time High (ATH): ~$0.81 USD (Reached in July 2026)
All-Time Low (ATL): ~$0.069 USD (Reached in April 2026)
2. Project Fundamentals
What is Magma Finance? Magma Finance is a decentralized exchange (DEX) and Automated Market Maker (AMM) built natively on the Sui blockchain.
Core Mechanism: It utilizes an Adaptive Liquidity Market Maker (ALMM) model, combining concentrated liquidity with algorithmic depth management to maximize capital efficiency for liquidity providers and traders.
Ecosystem Role: It serves as a prominent liquidity hub within the Sui ecosystem, benefiting from Sui's high throughput and parallel execution infrastructure.
Token Utility:
Governance: Token holders can lock MAGMA to vote on protocol upgrades, parameters, and emissions.
Yield Optimization: Advanced users leverage concentrated liquidity mechanisms to optimize rewards.
3. Recent Market Trends & Activity
Price Momentum: The token has experienced sharp upward movements driven by strong weekly gains (+110% over the last week), propelled by a mix of broader DeFi recovery, social sentiment spikes, and a high volume of leveraged long positions in derivatives markets.
Derivatives Activity: Open interest and perpetual contract volumes indicate heightened speculative engagement, making MAGMA susceptible to short-term volatility and liquidation-driven price swings.
Current Price: ~$0.50 – $0.51 USD
24-Hour Range: ~$0.37 – $0.55 USD
Market Capitalization: ~$93M – $100M USD (Circulating Market Cap)
Fully Diluted Valuation (FDV): ~$502M USD
Circulating Supply: 190,000,000 MAGMA (Out of a 1,000,000,000 max supply)
Trading Volume (24h):
Spot: ~$4M – $10M USD
Derivatives/Futures: High volatility and speculative interest, with significant open interest and futures trading volume reaching upwards of $470M+.
All-Time High (ATH): ~$0.81 USD (Reached in July 2026)
All-Time Low (ATL): ~$0.069 USD (Reached in April 2026)
2. Project Fundamentals
What is Magma Finance? Magma Finance is a decentralized exchange (DEX) and Automated Market Maker (AMM) built natively on the Sui blockchain.
Core Mechanism: It utilizes an Adaptive Liquidity Market Maker (ALMM) model, combining concentrated liquidity with algorithmic depth management to maximize capital efficiency for liquidity providers and traders.
Ecosystem Role: It serves as a prominent liquidity hub within the Sui ecosystem, benefiting from Sui's high throughput and parallel execution infrastructure.
Token Utility:
Governance: Token holders can lock MAGMA to vote on protocol upgrades, parameters, and emissions.
Yield Optimization: Advanced users leverage concentrated liquidity mechanisms to optimize rewards.
3. Recent Market Trends & Activity
Price Momentum: The token has experienced sharp upward movements driven by strong weekly gains (+110% over the last week), propelled by a mix of broader DeFi recovery, social sentiment spikes, and a high volume of leveraged long positions in derivatives markets.
Derivatives Activity: Open interest and perpetual contract volumes indicate heightened speculative engagement, making MAGMA susceptible to short-term volatility and liquidation-driven price swings.