Chart Mode:
OVERVIEW:
| Time Frame: | 15m | 1h | 4h | 24h | 1W |
|---|---|---|---|---|---|
| Golden Cross: | 05/09/2025 14:00 (UTC) | None | None | None | None |
| Death Cross: | None | None | 01/09/2025 20:00 (UTC) | 27/03/2025 00:00 (UTC) | None |
| Signal: | None | None | None | None | None |
| Change: | %0.212 | %0.361 | %0.531 | %1.48 | %-1.48 |
| RSI: | 51.94 | 49.84 | 46.54 | 44.35 | 44.07 |
| RSI DIV.: | %1.92 | %-1.12 | %1.56 | %0.16 | %2.51 |
| BB State: | -0.68% below upper band | 1.64% above lower band | 1.99% above lower band | 6.23% above lower band | 17.2% above lower band |
| Pattern: | None | Hammer (05/09/2025 17:00) |
None | Three Outside Up/Down (01/09/2025 00:00) |
None |
INFO:
| Symbol / Name: |
 SPELL / Spell Token
|
|---|---|
| Rank: | 427 |
| Market Cap: | $78.26M |
| Volume(24 hours): | $6.56M |
| Circulating Supply: | 166.16B SPELL |
| Maximum Supply: | -- |
| Total Supply: | 196B SPELL |
| Launch Date: | 2021-08 |
| Website: | https://abracadabra.money/ |
| Twitter: | https://twitter.com/MIM_Spell |
| About: |
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. Abracadabra is not an official decentralized autonomous organization (DAO) but is instead governed through a Snapshot page. MIM are minted through a 6/10 multisignature contract composed of the following partially pseudonymous users:Poolpi – yearn.finance (YFI)Leo Cheng – Cream Finance (CREAM)Michael – Curve DAO Token (CRV)Julien – Stake DAO (SDT)C2tp – Convex Finance (CVX)Sifu – Wonderland (TIME)Georgiy – Abracadabra and Popsicle Finance (ICE)0xmerlin – AbracadabraDanielesesta – Abracadabra, TIME and ICESquirrel – Abracadabra and ICE
Thanks to the Kashi Lending Technology introduced by SushiSwap, Abracadabra’s isolated lending markets have sparked a wave of innovation in decentralized finance (DeFi) lending. In an isolated lending market, the risk is not shared collectively. Users can provide liquidity for any token and if the currency pair loses its liquidity or something happens to the smart contract, only that pair is affected and not the entire platform. This allows Abracadabra to offer various pairs that are not supported by most other decentralized exchanges (DEXs).One of the features of using this technology is that users can leverage their interest-bearing token positions. Users borrow against their positions and then again borrow against the borrowed stablecoin, creating several loops and thereby increasing their leverage. All of this is done in one transaction, which is why the user only pays a gas fee once.Spell Token (SPELL) can be farmed by providing liquidity in one of the different pools. SPELL can also be staked, and staked tokens accrue a share of the platform fees (interest, borrowing fees, and 10% of the liquidation fee for certain markets), which auto-compound.
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