SPELL

Spell Token price
SPELL
#418

$0.0005273  

6.48% (1d)

Spell Token to USD Chart

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Spell Token statistics
Market cap
$79.48M

6.48%

Volume (24h)
$4.43M

59.12%

FDV
$103.35M
Vol/Mkt Cap (24h)
5.58%
Total supply
196.01B SPELL
Max. supply
--
Circulating supply
150.73B SPELL
SPELL to USD converter
SPELL
USD
Price performance
24h 
Low
$0.0005243
High
$0.0005659
All-time high
Nov 16, 2021 (3 years ago)
$0.07515
-99.3%
All-time low
Aug 17, 2023 (a year ago)
$0.0003498
+50.73%
See historical data


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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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