What is Spell Token?
Spell Token (SPELL) is a DeFi protocol governance token currently ranked 412th by market capitalization across all crypto assets we track. DeFi governance tokens grant voting rights over protocol parameters and, in some cases, a share of protocol revenue.
Market position
At the current price of $0.00016100, Spell Token carries a market capitalization of $27.30M. Daily trading volume across exchanges sits at roughly $1.50M. That works out to a 24-hour turnover of about 5.51% of the float — consistent with healthy market activity for a mid-to-large cap asset.
Price action across timeframes
Over the past 24 hours, Spell Token has moved -0.22%; over the past week, Spell Token has moved -4.65%; over the past 30 days, Spell Token has moved -3.57%; over the past year, Spell Token has moved -74.53%. The trend reads as broadly negative across timeframes — short-, mid-, and long-term momentum align downward.
Volatility profile
Recent price action puts Spell Token in the Low-volatility bucket. The asset has been relatively stable, with moves typical of large-cap, mature assets. Over the past 30 days, the 30-day move totals -3.57%, which traders should weigh against position sizing and stop-loss placement.
How to evaluate Spell Token
A balanced read on SPELL typically considers three lenses:
- Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
- Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
- Comparable assets — how is SPELL performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.
This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.