Market snapshot for Magma Finance
Decentralized (DEX). Country China. Established 2025. Trust rank 179. Reported 24h volume 18.33 BTC.
Coverage: 7 active pairs across 7 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 100.0%. Key pairs include MAGMA/USDC, USDC/SUI, SBUSDT/USDC, VSUI/SUI. Leading pair MAGMA/USDC. Median spread on leading markets 0.75%.
Liquidity structure and trading conditions
Volume mix: USDC is the largest tracked quote currency at about 65.7% of measured flow. Data scope: 10 tickers observed, with spread readings on 10 markets. Trust rank provides a quick placement within a broad group of venues, and 24h BTC volume helps you gauge current activity. Coverage describes how many active pairs and tradable assets are available, which influences routing options and price discovery. Concentration indicates how much of the venue depends on its leaders versus a wider set of pairs. Median spread captures the common bid ask distance on top books and helps set expectations for market orders and tight limits. A smaller pair set often means the leading markets drive most outcomes, so focus on the top pairs and spread conditions. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. When comparing venues, weigh breadth.
Editorial note: This analysis was prepared by the YearBull research team under the direction of Alan Zelvin, Founder and Lead Crypto Researcher. The assessment follows YearBull’s internal research methodology and editorial standards. Methodology · Editorial Policy