Spell Token priceSPELL $0.0005759


0.23% (1d)

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Spell-token statistics

Market cap 
Volume (24h) 
Volume/Market cap (24h) 
Circulating supply 
107,405,628,968.52 SPELL
Total supply 
196,008,739,620 SPELL
Max. supply 
196,008,739,620 SPELL
Fully diluted market cap 
SPELL to USD Converter
Price performance
All-time high
Nov 16, 2021 (2 years ago)
All-time low
Dec 29, 2022 (5 months ago)
In watchlists90,627x
471st / 10.3K

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About Spell Token

What Is Spell Token (SPELL)?

Spell Token (SPELL) is a reward token associated with abracadabra.money, a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD-pegged stablecoin called Magic Internet Money (MIM). Abracadabra uses the Kashi Lending Technology pioneered by SushiSwap (SUSHI) to provide isolated lending markets that allow users to adjust their risk tolerance according to the collateral they decide to use. Users can deposit collateral and borrow MIM against it. Abracadabra also offers yield farming opportunities, where users can stake their liquidity provider (LP) tokens to farm SPELL. This facilitates better liquidity for certain cryptocurrency pairs, currently Ether (ETH)-Spell Token (SPELL) and Magic Internet Money (MIM)-LP 3pool Curve (3CRV). Furthermore, users can also open leveraged farming positions using borrowed MIM from their interest-bearing collateral.

Who Are the Founders of Spell Token?

What Makes Spell Token Unique?

How Many Spell Token (SPELL) Coins Are There in Circulation?

How Is the Spell Token Network Secured?

Can Spell Token Hit $1?

Where Can You Buy Spell Token (SPELL)?

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