Magma Finance
MAGMA#459| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| +0.27% | -0.33% | -23.94% | -42.31% | N/A |
About Magma Finance
Magma Finance Markets
Magma Finance Price History
Magma Finance (MAGMA) reached its all-time high of $0.808239 on July 4, 2026, and trades 78.6% below that peak today. Its all-time low was $0.069712 on April 2, 2026, and the price has since risen 148% from that low.
| Year | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| 2026(YTD) | $0.144946 | $0.798809 | $0.083465 | $0.172784 | +19.21% |
| 2025 | $0.133553 | $0.153256 | $0.128923 | $0.138581 | +3.76% |
Analysis
No analysis available for Magma Finance yet.
Magma Finance News
No recent news for Magma Finance.
Magma Finance FAQ
What is Magma Finance (MAGMA)?
Magma Finance is a cryptocurrency project launched in 2025 on the Sui Network. Sui is a Layer 1 blockchain designed for scalability and fast transaction processing. The project's native token is MAGMA, which is used within its ecosystem. It utilizes Sui's infrastructure for its operations and is part of the broader Sui ecosystem.
How does Magma Finance work?
Magma Finance (MAGMA) operates on the Sui Network, a Layer 1 blockchain that uses a proof-of-stake consensus mechanism. The network is designed for high scalability and low transaction costs. Magma Finance relies on this infrastructure for its token transactions and overall functionality. As a project on Sui, it benefits from the network's performance characteristics.
What is the MAGMA token used for?
The MAGMA token is the native token of Magma Finance. It is used for transactions and value transfer within the project's operations on the Sui Network. The token's role is to represent ownership or participation in the project, though specific utilities have not been fully disclosed. The token is integral to the project's functionality.
How does Magma Finance differ from other cryptocurrencies?
Magma Finance (MAGMA) distinguishes itself by being built on the Sui Network, which is known for its high performance and scalability. Unlike many tokens that operate on Ethereum or other networks, Magma Finance leverages Sui's unique architecture, which includes parallel transaction processing and low fees. This may offer advantages in speed and cost for users. However, the project's specific features and use cases are not fully detailed.
What is the current price of Magma Finance?
Magma Finance is currently priced at $0.1728, down 0.33% in the last 24 hours. It is ranked #459 by market capitalization. Over the past 7 days, MAGMA is down 23.94%.
What is Magma Finance's market cap?
Magma Finance has a market capitalization of $32.83M. The 24-hour trading volume is $1.11M, reflecting the total value of MAGMA traded across all exchanges in the last day.
How many Magma Finance coins are in circulation?
There are currently 190.00M MAGMA in circulation. Magma Finance has a maximum supply of 1.00B MAGMA, meaning no more than this amount will ever exist.
