What is RESERVE MAGNIFICENT 7 DTF(MAG7)?

Basic information about MAG7

Coin name:

Reserve Magnificent 7 DTF

Coin symbol:

Coin introduction:

Reserve Magnificent 7 DTF (MAG7) is an ERC-20 index token deployed on Base. It offers equal-weight exposure to seven of the largest publicly traded stocks, commonly known as the "Magnificent 7." The basket comprises Alphabet (GOOGL), Amazon (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA) in equal weights, and rebalances every two months. MAG7 bundles Coinbase Tokenized Stocks on Base, each of which is backed by actual shares held in regulated US brokerage accounts. Issuance and redemption are permissionless and atomic: holders mint or redeem MAG7 directly against the Folio contract at on-chain NAV, exchanging each share for its proportional basket of underlying tokens. No authorized participant, custodian, API key, or off-chain settlement is required. The DTF charges a 0.6% annualized TVL fee and a 0.3% minting fee. It is governed by RSR token holders, who vote-lock their tokens to propose and vote on changes to the basket.

Current Price:

$102.94More coin details

All-time high:

$103.34

All-time low:

$101.98

MAG7 Supply Info and Tokenomics

Circulating supply:

3,973

Total supply:

3,973

Max supply:

Market cap:

$408.96K

Fully diluted valuation:

$408.96K

What is the outlook and future value of MAG7?

The current market cap of MAG7 is $408.96K, ranked 4224 in the market, showing that the market already recognizes the value of MAG7. When a bull market arrives, the market cap of MAG7 may continue to grow.

Moreover, if MAG7 can play a greater role in real-world applications—such as if the Monero developers can fully empower MAG7 and establish partnerships with more business partners to expand its user base—then the long-term value of MAG7 will be further enhanced.

What is the price of MAG7 in 2027?

According to the historical price performance prediction model of MAG7, the price of MAG7 is expected to reach $108.09 at 2027.

Note: As with any crypto investment, investors should closely monitor MAG7’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get MAG7?

Purchasing MAG7 with cash is not the only way to obtain MAG7. If you have enough time, you can get MAG7 for free.

Learn how to get Hot rewards for free with MAG7.

Earn free MAG7 by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get MAG7 airdrops for free.

All crypto airdrops and rewards can be exchanged for MAG7 through LBank spot trading.

Buy MAG7 starting from $1

What is MAG7 used for and how to use it?

The use cases for MAG7 may grow with the development of the crypto market and project progress. Currently, you can use MAG7 to:

Arbitrage trading of MAG7

MAG7 is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many MAG7 trading pairs to suit your needs.

Earn yield with MAG7

You can also lend out MAG7 or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your MAG7 gains.

Send or pay with MAG7

If you want to pay someone with MAG7, you can easily and quickly send MAG7 to them using their receiving address.

You can also visit the official website of Reserve Magnificent 7 DTF to learn more use cases of MAG7, such as whether the Reserve Magnificent 7 DTF project supports community/eco apps or buying physical or virtual goods with MAG7.