Magma Finance MAGMA

What MAGMA actually is on-chain

Magma Finance is a Move coin type deployed on Sui, at contract address 0x9f854b3ad20f8161ec0886f15f4a1752bf75d22261556f14cc8d3a1c5d50e529::magma::MAGMA. That address, not the ticker MAGMA, is what uniquely identifies this asset: anyone can deploy a second token calling itself MAGMA, but the contract is unforgeable. Verify it against suiscan.xyz before sending funds or approving a spend.

Sui uses Move's object model, so MAGMA is a typed coin object rather than a balance entry in a shared contract. The type string above is the full identifier — the module and struct name are part of it, which is why it looks longer than an EVM address. Liquidity is in Cetus and Turbos pools and gas is paid in SUI.

For MAGMA the project publishes an active account as @Magma_Finance. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where MAGMA sits in the market

At #578, Magma Finance is in the top of the small-cap band. Books at this depth are thin enough that one sizeable market order can move the printed price by several percent and retrace within minutes, which is precisely why a single static price target makes a poor trigger — you want a condition that survives one wick. Availability is concentrated in a handful of venues and volume-based delisting is a live risk rather than a theoretical one.

CryptoPingAi is currently streaming 1 live MAGMA order book (Gate.io). That is thinner coverage than a #578 ranking would normally imply — a move on one of these books is close to the whole market for MAGMA, with no deep second venue to arbitrage it back. None of the books we see for MAGMA are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

MAGMA against its all-time high

MAGMA has given back 53.4% from its $0.8082 high (on 2026-07-04). Recovery now needs 2.15x — a full trend, not a bounce. Statistically this is the depth at which the reference point people quote shifts: the prior high stops being a target and starts being a ceiling that gets mentioned only after price has already run. The high is recent — within the last six months — so the price action around it is still live market memory and the levels are being actively traded.

MAGMA across its historical range

The recorded range runs 11.6x, from $0.0697 to $0.8082 — wide by the standards of traditional assets, moderate for this one's class.

MAGMA trades roughly 5.40x above its record low of $0.0697 (on 2026-04-02). Recovery from the bottom has been limited, which means the low is still close enough to function as a real reference level rather than a historical footnote.

MAGMA supply and valuation data

Magma Finance sits just outside the band where circulating and total supply are independently verified, so we hold a valuation figure for MAGMA but not an audited token count. What we do have is a fully diluted valuation of $351.3 million as of 2026-10-30. That is in the top 5% of the assets tracked on this site by fully diluted value.

Because that valuation is a snapshot rather than a live figure, we deliberately do not back out a supply number from it — the price has moved since, and the division would produce a confident-looking token count that is simply wrong. Check the project's own explorer for the current supply before using any per-token valuation. The authoritative figure is the one suiscan.xyz reports for this contract.

What kind of asset MAGMA is

Magma Finance is a decentralised exchange token. The economics are unusually legible for crypto: the protocol generates fees from trading volume, and the token's value proposition rests on whether it captures any of them. Volume on the underlying venue, the fee switch status and competitive pressure from other venues are the variables that actually matter — and DEX volume is itself highly cyclical, so revenue is not a stable base.

CoinGecko files MAGMA under 4 categories, including Decentralized Finance (DeFi), Automated Market Maker (AMM), Sui Ecosystem, Binance Alpha Spotlight. CoinGecko also records deployments on Sui (92 tracked tokens), so its on-chain liquidity and its user base move with that network. Worth flagging from the metadata: MAGMA has been featured in Binance Alpha Spotlight.

How to set a Magma Finance alert that is worth receiving

Magma Finance is the Move coin type at 0x9f85…e529::magma::MAGMA on Sui — quoted on 1 venue we stream — high dated 2026-07-04 — rank #578. On this profile the condition that carries signal is a two-sided price threshold beyond the recent band plus a 4-hour or daily RSI condition.

Full alert-design method: thresholds, RSI/MACD and volume conditions →