SPELL

Spell Token price

SPELL
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$0.001423

-$0.000048 (-3.26%)

24H
  • 1H
  • 24H
  • 1W
  • 1M
  • 1Y
  • ALL
ALL
1Y
1M
1W
24H
1H
Market cap
$115.28M
Volume (24h)
$149,137
Circulating supply
81,005,428,628

Trade

Spot
Margin
Contract
Options
Pair
Price
Change
Action
SPELL/USDT
₮0.00$0.01
-3.27%
Learn about spot
Overview
Analysis

About Spell Token (SPELL)

Abracadabra is an Ethereum-based protocol that seeks to create utility for the capital locked in various DeFi vaults, such as those associated with Yearn.Finance. SPELL is the name of Abracadabra's governance token, which also grants those staking it a share of the protocol's fee revenue. Abracadabra enables holders of interest-bearing tokens issued by vaults like yvWETH and yvUSDC to use them as collateral to mint the U.S. dollar-pegged stablecoin Magic Internet Money — also known by its ticker symbol MIM. MIM tokens can then be put to use in other DeFi applications, and users pay interest to the Abracadabra protocol for the privilege.

Learn more about Spell Token (SPELL)

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Spell Token price statistic

Price today
Spell Token price
$0.001423
Price change (24h)
-$0.000048
-3.26%
Low and high (24h)
$0.001397Low
$0.001482High
Volume (24h)
$149,137
Circulating supply
81,005,428,628
Market cap
$115.28M

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