Magicswap

Trust Rank External venue ranking. It is not calculated by YearBull and is not a solvency guarantee.
#906
24h Volume (BTC)
0.003587 BTC
Country
n/a
Established
2023

Magicswap exchange snapshot

Decentralized (DEX). Established 2023. Trust Rank 906. Reported 24h volume 0.00 BTC.

Coverage: 3 active pairs across 3 tradable assets. Top ten pairs share 100.0%. Key pairs include VEE/MAGIC, MAGIC/SMOL, ANIMA/MAGIC. Leading pair VEE/MAGIC. Median spread on leading markets 0.80%. Volume mix: MAGIC is the largest tracked quote currency at about 66.7% of measured flow. Data scope: 3 tickers observed, with spread readings on 3 markets.

How to read these exchange metrics

Scope: Trust Rank is an external relative position from the locally stored exchange snapshot. It is not calculated by YearBull and is not a guarantee of solvency, custody quality, licensing, customer protection, or future withdrawal access. Coverage counts observed markets, while concentration shows how much measured volume is assigned to the leading pairs. Median spread summarizes the bid ask gap in the observed leading markets; actual execution also depends on order size, depth, location, and market conditions.

Methodology responsibility: YearBull’s analytical methodology and presentation rules are developed and maintained by Alan Zelvin, Founder & Lead Crypto Researcher. This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.

Figures may change as exchange and ticker snapshots are refreshed. Read the YearBull methodology.

Magicswap liquidity and coverage analysis

The current local dataset contains 3 observed pairs, 3 represented assets, 3 ticker records. The ten leading pairs account for about 100.0% of measured volume, a concentrated distribution. Median spread across the observed leading markets is 0.80%. The local volume series contains 28 points; its first to latest change is -77.1%, with a median observation of 0.00 BTC.

Coverage and reported volume show the scope of observed markets, not custody quality, solvency, regulatory availability, or guaranteed execution. Pair level depth and withdrawal conditions should be checked for the intended transaction.

Exchange Notes

Magicswap: project profile and documented design

The market data source identifies Magicswap as a decentralized exchange with three coins and three pairs; VEE/MAGIC is the largest displayed market and accounts for most of the small volume.

Documented role and design

MAGIC/SMOL is flagged inactive/anomalous and ANIMA/MAGIC inactive, so the market set is thin and uneven.

Risks and open questions

  • Low depth and pair-level anomaly flags create material slippage and stale-price risk.
  • Need current fee schedule and pool addresses.

Frequently Asked Questions

Which documented details concern decentralized exchange functionality for Magicswap?

The market data source identifies Magicswap as a decentralized exchange with three coins and three pairs; VEE/MAGIC is the largest displayed market and accounts for most of the small volume. Low depth and pair-level anomaly flags create material slippage and stale-price risk.

Venue research

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