MAGIC

Magic price

$0.21098

+$0.0018900

(+0.90%)

Price change for the last 24 hours

USD

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Magic market info

Market cap

Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price

Circulating supply

Total amount of a coin that is publicly available on the market.

Market cap ranking

A coin's ranking in terms of market cap value.

All-time high

Highest price a coin has reached in its trading history.

All-time low

Lowest price a coin has reached in its trading history.

Market cap

$65.69M

Circulating supply

310,935,623 MAGIC

89.42% of

347,714,007 MAGIC

Market cap ranking

216

Audits

Last audit: Jun 3, 2021

24h high

$0.21902

24h low

$0.20874

All-time high

$6.4920

-96.76% (-$6.2810)

Last updated: Feb 20, 2022

All-time low

$0.064200

+228.62% (+$0.14678)

Last updated: Apr 7, 2025

Magic Feed

The following content is sourced from .

Magic price performance in USD

The current price of Magic is $0.21098. Over the last 24 hours, Magic has increased by +0.90%. It currently has a circulating supply of 310,935,623 MAGIC and a maximum supply of 347,714,007 MAGIC, giving it a fully diluted market cap of $65.69M. At present, the Magic coin holds the 216 position in market cap rankings. The Magic/USD price is updated in real-time.

Today

+$0.0018900

+0.90%

7 days

+$0.013640

+6.91%

30 days

+$0.097080

+85.23%

3 months

-$0.13202

-38.49%

Popular Magic conversions

Last updated: 05/01/2025, 21:47

1 MAGIC to USD	$0.21131
1 MAGIC to PHP	₱11.8010
1 MAGIC to EUR	€0.18666
1 MAGIC to IDR	Rp 3,501.99
1 MAGIC to GBP	£0.15858
1 MAGIC to CAD	$0.29198
1 MAGIC to AED	AED 0.77614
1 MAGIC to VND	₫5,495.71

About Magic (MAGIC)

2.9/5

CyberScope

2.9

04/16/2025

The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.

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By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.

Web3 is shaping the future of the internet, and the metaverse stands out within this landscape. Among the beneficiaries of the metaverse's transformative potential is the gaming sector. Yet, while metaverse ecosystems, games, and decentralized apps (dApp) offer unique experiences, they often lack seamless integration. Addressing this challenge, Treasure introduces MAGIC, a solution designed to enhance connectivity across gaming communities within its metaverse ecosystem.

What is MAGIC

MAGIC is the token that powers the Treasure metaverse. Originally launched on the Ethereum blockchain in August 2021, Treasure later transitioned the protocol to the Arbitrum chain in October of the same year. This strategic move has solidified Treasure's position as a prominent decentralized game publisher within the Arbitrum network. Across the Treasure platform, every listed project or game operates through MAGIC tokens, fostering seamless interactions among games, players, metaverses, and Web3 communities.

Beyond its role as a currency within the Web3 ecosystem, MAGIC offers a robust software development kit (SDK) that simplifies the construction and deployment of Web3 applications for developers. This SDK enhances both efficiency and user-friendliness, contributing to the growth and accessibility of the Web3 landscape.

The MAGIC team

In August 2021, John Patten launched MAGIC alongside a team of skilled creatives and technology experts. The project's co-founders, John Patten and Karel Vuong, spearheaded its inception. Currently, MAGIC operates under the governance of a decentralized autonomous organization (DAO) comprising more than 30 community contributors.

How does MAGIC work

An integral component of the MAGIC ecosystem is MagicSwap. MagicSwap facilitates the exchange of MAGIC tokens for other digital assets utilized in various Web3 games. By utilizing MagicSwap, users can access multiple games without the need to individually purchase or trade for in-game assets.

Another component is Bridgeworld, the central metaverse. Bridgeworld serves as a focal point for connecting and accessing other metaverses.

Additionally, there exists Trove, a specialized non-fungible token (NFT) marketplace that operates on the Arbitrum chain. It is in Trove where MAGIC holders, collectors, and game players converge to engage to buy and sell gamified NFTs. These NFTs, known as Treasures, act as valuable resources that enhance gameplay and assist in completing quests across different games within the MAGIC world.

The utility token of Magic: MAGIC

MAGIC serves as the utility token within the Magic protocol, functioning as the primary currency. Beyond that, MAGIC connects different metaverse platforms, acting as a seamless bridge between them. Furthermore, MAGIC takes on a foundational governance role within the Treasure network, empowering MAGIC token holders with voting rights in crucial decision-making processes that mold the platform's trajectory.

MAGIC tokenomics

MAGIC is an ERC-20 standard asset created with a maximum supply of 347,714,007 tokens. The tokens are distributed among gamers, miners, network stakers, the treasury, and the development team. MAGIC is a deflationary asset, meaning the total supply of MAGIC reduces as more tokens are burnt.

MAGIC use cases

MAGIC has an array of applications, encompassing enabling in-game characters to embark on quests and craft new items, paying network fees, acquiring NFTs, and procuring in-game assets. Its role extends to being the reserve currency within the Treasure ecosystem, while also serving as a bridge to connect diverse metaverse platforms.

MAGIC distribution

MAGIC launched in 2021 with the following distribution:

33 percent: Treasure Farm
25 percent: Mining rewards
17 percent: Staking and liquidity
15 percent: MAGIC ecosystem fund
10 percent: MAGIC team

Show less

Latest news about Magic (MAGIC)

Learn more about Magic (MAGIC)

Magic FAQ

How does MAGIC ensure its security?

Magic (MAGIC) and the Treasure network are established on the Arbitrum chain, a Layer 2 scaling solution developed on the Ethereum blockchain. This setup enables MAGIC to inherit the security attributes of Ethereum's Proof of Stake (PoS) consensus mechanism.

What is MAGIC?

MAGIC serves as a versatile cross-game digital currency that spans across games, decentralized applications (dApps), metaverses, and communities within Web3.

Where can I buy MAGIC tokens?

Easily buy MAGIC tokens on the OKX cryptocurrency platform. OKX’s spot trading terminal includes the MAGIC/USDT trading pair.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for MAGIC with zero fees and no price slippage by using OKX Convert.

How much is 1 Magic worth today?

Currently, one Magic is worth $0.21098. For answers and insight into Magic's price action, you're in the right place. Explore the latest Magic charts and trade responsibly with OKX.

What is cryptocurrency?

Cryptocurrencies, such as Magic, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.

When was cryptocurrency invented?

Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Magic have been created as well.

Will the price of Magic go up today?

Check out our Magic price prediction page to forecast future prices and determine your price targets.

Monitor crypto prices on an exchange

Watch this video to learn about what happens when you move your money to a crypto exchange.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.