The current real-time price of SPELL is $0.0002. In the past 24 hours, SPELL has traded between $0.0002 and $0.0002, showing strong market activity. The all-time high of SPELL is $0.0350, and the all-time low is $0.0002.
From a short-term perspective, the price change of SPELL over the past 1 hour is , over the past 24 hours is +0.48%, and over the past 7 days is -4.59%. These figures provide a quick overview of the latest price trends and market dynamics of SPELL on LBank.-8.05%
The live price of SPELL today is $0.0002, with a current market cap of $39.224M. The 24-hour trading volume is 4M. The price of SPELL to USD is updated in real time.
Before deciding whether to buy or sell SPELL, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s SPELL technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for SPELL.
How much will SPELL be worth tomorrow, next week, or next month in ? What about your SPELL assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! SPELL Price Prediction
To learn more about SPELL, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x0901...37e5f6  | 224.092B | 56.11% |
ethereum | 0x76ec...78fbd3 | 36.464B | 9.13% |
ethereum | 0xf977...41acec | 17.677B | 4.43% |
ethereum | 0xbd2f...5e6797 | 14.203B | 3.56% |
ethereum | 0x28ee...b96337 | 7.848B | 1.97% |
Other | 99.079B | 24.81% |
SPELL serves two primary functions: Governance, allowing holders to vote on key protocol changes like collateral types and fees. Second, it acts as a Reward token, incentivizing liquidity providers and users who stake their tokens within the platform.
Abracadabra.money is a decentralized finance (DeFi) lending protocol. It enables users to deposit various interest-bearing tokens, such as staked ETH or yield-generating stablecoins, as collateral. In return, users can mint Magic Internet Money (MIM), which is a stablecoin pegged to the US Dollar.
sSPELL is obtained when users stake SPELL, and it automatically compounds as the protocol uses generated revenue to buy back SPELL from the market. sSPELL also grants voting rights. mSPELL, on the other hand, is a staking method that pays out rewards directly in MIM stablecoin, appealing to users seeking stable passive income.
SPELL implements a 10-year halving model for its token distribution. Under this model, the rewards distributed to the community are cut in half every year. This mechanism is designed to manage token inflation and contribute to the long-term value preservation of SPELL.
The protocol has encountered several security incidents. This includes a notable exploit in January 2024, resulting in a reported loss of $6.4 million, and subsequent smaller breaches in 2025 that affected deprecated lending pools. In response, the team typically buys back MIM to help maintain its dollar peg.
Within the platform's user interface, "Cauldrons" refer to the distinct smart contracts where users deposit their chosen collateral to borrow MIM. Each Cauldron operates independently, featuring its own specific interest rate and liquidation price tailored to the particular collateral type it supports.
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