What Magma Finance is

Magma Finance (MAGMA) is a digital asset, currently ranked 265th by market capitalization among the assets we track. Magma Finance is a cryptocurrency without a single dominant category label in our data. That makes its own whitepaper and project materials the best guide to what it is actually for.

How to approach Magma Finance

Where a clean archetype is missing, the honest approach is to lean on observable facts: how it trades, how much supply exists, and what the project documents about its design.

Background & fundamentals

In sector terms it is most often filed under Recently Added and Sui Ecosystem.

Where Magma Finance sits in the market

With MAGMA near $0.4432, Magma Finance carries a market capitalization of $84.21M. Around $2.57M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 3.05% of the float — a healthy level of activity for an asset this size.

Almost the entire MAGMA supply is already in circulation (~100.0% of the 1B cap), so future dilution is effectively off the table. The token is roughly -39% under its record of $0.7287 — a meaningful but not catastrophic drawdown.

What the price history shows

Across timeframes, MAGMA shows 24-hour +5.68%, 7-day +6.33%.

Volatility profile

Recent action puts Magma Finance in the High-volatility band — it has been actively trading, with daily moves that would be unusual in traditional equities.

How to evaluate Magma Finance

For an asset of this type, three lenses matter most:

  • Liquidity — how deep and reliable trading in MAGMA is across venues.
  • Supply dynamics — circulating versus maximum supply and the resulting dilution path.
  • Documentation — what the project itself claims, since standardized sector data is limited here.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.