Spell SPELL

What SPELL actually is on-chain

Spell is an ERC-20 deployed on Ethereum, at contract address 0x090185f2135308bad17527004364ebcc2d37e5f6. That address, not the ticker SPELL, is what uniquely identifies this asset: anyone can deploy a second token calling itself SPELL, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, SPELL is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in SPELL itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

For SPELL the project publishes an active account as @MIM_Spell. 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 SPELL sits in the market

Ranked #719, Spell falls in the top of the small-cap band. The order book absorbs size poorly at this depth: one meaningful market order can reprice the tape by several percent before it retraces minutes later. A lone static price target therefore fires on noise, and what you want is a condition built to survive that wick. Venue coverage is narrow, which makes volume-based delisting a concrete risk rather than a theoretical one.

CryptoPingAi is currently streaming 3 live SPELL order books (Binance, Gate.io, HTX). That is coverage in line with a #719 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. None of the books we see for SPELL 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.

SPELL against its all-time high

More than 95% separates SPELL from its all-time high of $0.0351 (on 2021-11-02) — a 471x recovery. At that distance the high stops working as a reference at all; it belongs to a different supply structure, a different holder base and typically a different cycle. What carries information for SPELL now is the downside, so read the range section below before this one. It was set 5 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

SPELL across its historical range

SPELL has traded across a 228x range, between $0.00015355 and $0.0351. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

At -51.5% above its record low of $0.00015355 (on 2026-04-07), SPELL sits near the edge of its own price history. Nothing has traded beneath that level, so there is no support to reference, no volume shelf and no cost-basis cluster underneath. That low is recent, so this is an active downtrend rather than an old floor holding: each fresh low retires the previous one as a reference.

SPELL supply and valuation data

Spell sits just outside the band where circulating and total supply are independently verified, so we hold a valuation figure for SPELL but not an audited token count. What we do have is a fully diluted valuation of $35.5 million as of 2026-05-12. That places it in the top 10% by fully diluted value.

Since the figure is a snapshot rather than a live number, we do not reverse it into a supply count: the price has moved since it was taken, and that division would produce a confident but incorrect token count. For any per-token valuation, check the current supply on the project's own explorer first. The authoritative figure is the one etherscan.io reports for this contract.

What kind of asset SPELL is

Spell is a DeFi protocol token, which ties it to total value locked and to the interest-rate environment on-chain. These assets carry a beta to the market plus a second exposure that is easy to miss: protocol risk. A contract exploit or an oracle failure repriced instantly and independently of any market move, and that tail is a real component of holding the token.

CoinGecko files SPELL under 8 categories, including Decentralized Finance (DeFi), Yield Farming, Avalanche Ecosystem, Fantom Ecosystem, Arbitrum Ecosystem. CoinGecko also records deployments on Avalanche (256 tracked tokens), Arbitrum (391 tracked tokens), Ethereum (3,072 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading.

How to set a Spell alert that is worth receiving

Spell is the ERC-20 at 0x0901…e5f6 on Ethereum — quoted on 3 venues we stream — high dated 2021-11-02 — rank #719. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

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