Magma Finance (MAGMA)
Rank #363
Market snapshot
- Price
- $0.236364
- Market cap
- $44.9M
- 24h volume
- $1.8M
- Circulating supply
- 190,000,000
- Total supply
- 1,000,000,000
- Max supply
- 1,000,000,000
What is Magma Finance?
Magma Finance is a cryptocurrency that operates on the Sui network. While specific documented purposes are not provided, it is involved in decentralized finance (DeFi) and governance, allowing users to participate in decision-making processes within its ecosystem.
Key information
- Symbol
- MAGMA
- CMC rank
- #363
- Network / platforms
Sui, Sui Network
- Categories
- N/A
- Date added
- Dec 12, 2025
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
Sui
0x9f854b3ad20f8161ec0886f15f4a1752bf75d22261556f14cc8d3a1c5d50e529::magma::MAGMASui Network
0x9f854b3ad20f8161ec0886f15f4a1752bf75d22261556f14cc8d3a1c5d50e529::magma::MAGMA
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Magma Finance?
- Magma Finance is a cryptocurrency associated with the Sui network, categorized under DeFi and governance.
- What are the risks associated with transferring MAGMA?
- Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets.
- How can I verify the acquisition of MAGMA?
- Verify the asset name, network, and contract details before transferring. Ensure the destination address is correct.
- Where can I find official resources for Magma Finance?
- Official resources for Magma Finance can be found on their website at https://magmafinance.io/ and their technical documentation at https://magma-finance-1.gitbook.io/magma-finance/.
