magma

#421

Magma Finance

DeFi · Decentralized Exchange

magma#421

Mcap$57.91M

$0.30533.55%

· Strategic

Overview Markets News Fundraising More

Spot Volume (24H)

$1.23M+54.13%

Marketcap

$57.91M

FDV

$305M

Mindshare

Very Low

Circ. Supply

190.0M

Max Supply

1.0B

Mcap/FDV

19%

Total Supply

1.0B

Sector Ranking

#120

Magma Finance is a DeFi protocol that operates a permissionless AMM decentralized exchange on MOVE‑based blockchains, initially focusing on Sui. It supports concentrated‑liquidity and adaptive‑liquidity models to enable efficient trading, liquidity provision, and creation of new trading pools without gatekeeping. Magma Finance also supports a stablecoin issuance mechanism backed by liquid staking tokens (LSTs) and real‑world assets (RWAs), allowing users to mint a stablecoin via collateral.

Sector

DeFi

Sector Rank

#120

Sub-Sector

Decentralized Exchange

Sub-Sector Rank

#19

Contracts

API ID

Resources

Website

Gitbook

Social

X (Twitter)

Block Explorer

Content

Medium

Lifetime Price Performance +125.18%

All Time High

$0.797-61.73%

Jul 03, 2026

Cycle Low

$0.154+98.20%

Aug 17, 2026

First Trade

Dec 16, 2025 on

MEXC Global

magma Chart

All Charts

$0.305

84.85% Past Month

Price

$0.30584.85%

Mindshare

0.0015%71.51%

magma

More Charts

Spot Volume (24H)

$1.23M+54.13%

Marketcap

$57.91M

Mindshare

Very Low

All News

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Last Updated: Oct-29-2026 11:15 UTC

Magma Finance Project Update

Get Caught Up

Point Frenzy Week campaign. Magma Finance launched "Point Frenzy Week," a six-week campaign running from November 25 to December 31, 2025, designed to reward genuine user contribution with Magma Points that are convertible into a future airdrop share 1. Users earn points through six major quests across X, Discord, and the Magma Dapp, including daily sign-in streaks, content creation, referrals, trading/deposit volume competitions, and Discord engagement 1. This matters because it establishes the points infrastructure that feeds directly into the project's token distribution plans.

$MAGMA tokenomics and airdrop. Magma Finance published its $MAGMA tokenomics, detailing a fixed total supply of 1,000,000,000 tokens, with value linked to protocol efficiency through dynamic fee capture and institutional volume attraction 2. Shortly after, the project announced its inaugural $MAGMA token airdrop following the mainnet launch of its Adaptive Liquidity Market Maker (ALMM) on Sui, with the claim window opening December 16, 2025, and closing 90 days later 3. Eligibility was based on a multi-dimensional evaluation prioritizing genuine, long-term engagement, including Magma Points holders, community builders, Galxe participants, and early liquidity providers and traders 3.

Exchange listings and trading incentives. Toward the end of 2025, MAGMA became tradable on major venues, with Phemex launching a 30,000 USDT incentive program for its newly listed LIT and MAGMA trading pairs running from December 31, 2025, through January 7, 2026 4 5. KuCoin Futures also launched USDⓈ-margined MAGMAUSDT perpetual contracts on December 31, 2025, supporting leverage from 1x to 20x 6. These listings expand access and liquidity for the token beyond the project's native Sui ecosystem.

Biggest Stories of 2025

Phemex and KuCoin listings. Phemex launched a 30,000 USDT incentive program for LIT and MAGMA trading pairs, while KuCoin Futures launched USDⓈ-margined MAGMAUSDT perpetual contracts with 1x to 20x leverage, broadening MAGMA's trading access across centralized venues. (December 31, 2025) 4 6 5
$MAGMA tokenomics published. Magma Finance detailed its native utility token with a fixed total supply of 1,000,000,000, linking token value to protocol efficiency through dynamic fee capture and institutional volume attraction via a Sui-Native Darkpool and Prop AMM. (December 15, 2025) 2
Inaugural $MAGMA airdrop. Following the mainnet launch of its Adaptive Liquidity Market Maker (ALMM) on Sui, Magma announced its first token airdrop, with a claim window opening December 16, 2025, and closing 90 days later, rewarding early and dedicated community members. (December 16, 2025) 3
Point Frenzy Week campaign. Magma launched a six-week campaign running from November 25 to December 31, 2025, rewarding user contribution with Magma Points convertible to a future airdrop share through six major quests across X, Discord, and the Magma Dapp. (November 25, 2025) 1
"Mine & Magnify Season" conclusion. Magma Finance's Galxe campaign ended on November 15, 2025, with a Galxe Points mapping deadline of November 17, 2025, requiring users to bind their Sui wallet address to ensure earned points were credited for future rewards. (November 11, 2025) 7
Osmosis Proposal 949. The Osmosis community approved the deployment of 200,000 USDC and $200,000 in BTC from the Community Pool via Magma to form a wide BTC/USDC position, with a 10% performance fee split between the vault manager and the Magma protocol. (June 25, 2025) 8