Magic Eden drives a vibrant NFT market across multiple blockchains. Magic Eden brings quick transactions, seamless bridging, and interactive staking. Users earn ME through trading, claim rewards via a DeFi wallet, and shape Magic Eden’s future by voting on governance proposals. Magic Eden unites collectors, creators, and platform participants under one coin.
Magic Eden secured venture capital through seed, Series A, and Series B rounds before issuing its ME token. Investors like Paradigm, Sequoia, and Electric Capital provided significant backing. No ICO was held. The team instead launched ME via a community airdrop and subsequent listings on major exchanges. Funds fueled multi-chain expansion, wallet features, and platform upgrades.
Magic Eden integrated Ethereum, Polygon, and even Bitcoin Ordinals to expand NFT trading beyond Solana.
A major token launch in December included a large community airdrop. Exchange listings happened simultaneously.
Users stake ME to earn yield and vote on new proposals. Magic Eden transitions toward a community-driven model.
Planned expansions will extend the trading platform’s features, introduce advanced DeFi tools, and add new blockchains.
Magic Eden’s token uses audited Solana programs. Halborn reviewed Magic Eden’s wallet code for vulnerabilities. The platform employs secure bridging to support multiple chains. While minor glitches appeared at launch, no critical exploits were reported. Ongoing audits and multi-sig treasuries help protect users and the coin supply.
| # | Exchange | Pair | Price | 24h Volume |
|---|---|---|---|---|
| 1 |
Bitget
|
ME/USDT | ~$0.95 | $3,721,109 |
| 2 |
Upbit
|
ME/KRW | ~$1,387 | $27,186,715 |
| 3 |
Binance
|
ME/USDT | ~$0.96 | $8,954,280 |
| 4 |
Bybit
|
ME/USDT | ~$0.95 | $4,234,599 |
| 5 |
Hibt
|
ME/USDT | ~$0.95 | $1,260,466 |
| 6 |
OKX
|
ME/USDT | ~$0.95 | $3,865,204 |
| 7 |
KuCoin
|
ME/USDT | ~$0.95 | $393,348 |
| 8 |
Binance
|
ME/TRY | ~$36.42 | $1,610,193 |
| 9 |
MEXC
|
ME/USDT | ~$0.95 | $3,438,669 |
| 10 |
Gate.io
|
ME/USDT | ~$0.95 | $3,112,882 |
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