1. Current Price & Performance
$MAGMA
Live Price: MAGMA is currently trading in the $0.23 – $0.25 range. Across broader exchange platforms, weighted averages sit between $0.23 and $0.51 depending on liquidity depth and pair volume.
24-Hour Range: Low of ~$0.22 to High of ~$0.26.
Market Structure:
Circulating Supply: ~190 million MAGMA
Total / Max Supply: 1.00 billion MAGMA
Network: Built on the Sui blockchain
2. Key Recent Updates & Protocol Developments
Magma 2.0 & "Prop AMM" Launch: The protocol rolled out its major upgrade, Magma 2.0, introducing an Adaptive Liquidity Market Maker (ALMM) architecture along with an AI-driven strategy layer. This update aims to improve capital efficiency and routing execution across liquidity pools on Sui.
High Volatility & Market Dynamics: Following an initial surge after the Magma 2.0 release, $MAGMA experienced sharp pullback swings. The asset's relatively low circulating supply ratio (~19% unlocked) and concentrated on-chain liquidity continue to make short-term price action highly volatile.
Protocol Utility: MAGMA continues to function as the core utility token for the Magma ecosystem on Sui, serving governance, fee structures, and tiered access across liquidity pools.
#Binance
$MAGMA
Live Price: MAGMA is currently trading in the $0.23 – $0.25 range. Across broader exchange platforms, weighted averages sit between $0.23 and $0.51 depending on liquidity depth and pair volume.
24-Hour Range: Low of ~$0.22 to High of ~$0.26.
Market Structure:
Circulating Supply: ~190 million MAGMA
Total / Max Supply: 1.00 billion MAGMA
Network: Built on the Sui blockchain
2. Key Recent Updates & Protocol Developments
Magma 2.0 & "Prop AMM" Launch: The protocol rolled out its major upgrade, Magma 2.0, introducing an Adaptive Liquidity Market Maker (ALMM) architecture along with an AI-driven strategy layer. This update aims to improve capital efficiency and routing execution across liquidity pools on Sui.
High Volatility & Market Dynamics: Following an initial surge after the Magma 2.0 release, $MAGMA experienced sharp pullback swings. The asset's relatively low circulating supply ratio (~19% unlocked) and concentrated on-chain liquidity continue to make short-term price action highly volatile.
Protocol Utility: MAGMA continues to function as the core utility token for the Magma ecosystem on Sui, serving governance, fee structures, and tiered access across liquidity pools.
#Binance