Magma Finance

MAGMA#335DeFi DAO and governance Sui

Confirm official data

$0.3940

no fees read, sources differ by ×1.61.

Code

We haven’t read this project’s code yet

Code is read for the largest tokens first.

No weekly commit data

Usage

We haven’t read usage for this token

DefiLlama doesn’t track it, and that’s common outside DeFi.

No daily fee data

Numbers

Market cap: $74.9M or $121M

CGCMC

Price$0.394$0.3934Agree

Supply190M307M×1.62

Mcap$74.9M$121M×1.61

Volume$492K$1.04M×2.11

The gap comes from supply. Prices match within 0.2%, so the two sources count different amounts of the token as circulating. We show both and don’t say which is right. CoinGecko, CoinMarketCap

Paper → real

About $31.9M of $394M is real

Selling everything at 2% a day would take 768 days.

Paper (all tokens)$394M

Market cap$74.9M

Real$31.9M

Real is the market cap scaled down when its order-book depth is below what is typical for a token of its size. An estimate, not a price.

$974K of the $5.14M reported is carried by the books (19%)

Reported by venues$5.14M

Carried by the books$974K

Not carried by their book: Magma Finance (23× the norm), KCEX (12× the norm). A day of honest trading passes through a book a bounded number of times its 2% depth; the norm is the median on large venues. Large venues set the norm and count in full; on the rest, volume past three times the norm is not counted. Depth is what venues report; DEX pools are checked apart.

Where it lives

3 tokens under its ticker that no list knows

1 official deployments

OfficialSuiMagma Token 0x9f85…AGMA$1.92M

UnknownSolanaMagma Finance 3HMQGC…cBuQ$14.2Kclaims $496M

UnknownBaseMagma Finance (MAGMA) 0xA967…76eD$9.29claims $117K

UnknownBaseMagma Finance 0x0aB1…Ad27$0.668claims $232K

Copies are what DEX search finds under the same ticker. Liquidity counts only pools against real assets; a pool against a made-up token can claim any figure.

Leverage

$10.1M in open futures, 13% of the market cap

Closing them all by force would take 103 days of 2% sell depth.

Funding, 8h: +0.005% · longs pay shorts
Futures volume: $13.8M · 28× the spot volume · open interest turned over 1.4×
Liquidated, 24h: longs $0 · shorts $899
Venues: Bybit, Binance

Perpetual futures on Binance, Bybit, OKX and Hyperliquid, read hourly; CME and other venues are not counted. Liquidations from Bybit (every one), Binance (the largest per second) and OKX (its latest orders each hour): a lower bound.

On-chain