Magma Finance

Magma Finance

magma Rank #335 ASSET
Explorers: suiscan.xyz suivision.xyz

Market Data

Magma Finance Price
$0.41
Magma Finance 24h Change
+46.96%
Magma Finance 7d Change
+60.32%
Magma Finance Market Cap
$79.20M
Magma Finance 24h Volume
$7.75M
Magma Finance FDV
$416.85M
Magma Finance Circulating Supply
190,000,000
Magma Finance All-Time High
$0.43

About Magma Finance

MAGMA is a decentralized finance (DeFi) asset within the Sui and Monad ecosystems. It serves as a utility and governance token for Magma Finance, a protocol focused on liquid staking and the issuance of stablecoins backed by liquid staking tokens (LSTs) and real-world assets (RWAs). The protocol aims to provide native stable assets and equitable token distribution through community-focused initiatives and distributed validator technology.

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