Magma Finance (MAGMA) — price, funding and open interest
MAGMA/USDT perpetual on Binance · Bybit · Bitget · Gate · BingX · KuCoin · MEXC: price 0.3485, 24h turnover $55.8M. Updated in real time.
What this is
Decentralised financeMagma Finance is an exchange and liquidity layer on the Sui network, running since December 2025. Liquidity providers' positions are placed across price ranges by an algorithm rather than by hand. The token is locked for voting rights and a share of the rewards.
Chart
Chart built from data of Bybit
MAGMA unlocks
Our sources have no unlock schedule for this coin. 19 % of the issued supply is in circulation per CoinGecko; the rest may be locked or not yet issued.
Net issuance will appear once our supply ledger covers 30 days.
Supply figures are from CoinGecko, updated once a day. We do not take unlock schedules from trackers.
What the data shows
MAGMA trades at 0.3485. Over 315 days it ranged between 0.069350 and 0.8350; the price now sits in the middle of that range — 37% of the way from the yearly low to the high.
All-time high is 0.8350 (July 2026); the price is 58% below it now.
Funding is +0.0050%: longs pay shorts, so positioning leans to buyers. That is percentile 1 for the month — a rare short lean for this coin.
24-hour turnover is $55.8M — percentile 99 for the year: noticeably busier than usual.
Volume over the last five minutes is 2.0x the usual for this instrument.
Open positions in MAGMA are worth $20.9M. Over the past hour open interest fell by 2.24%. That is at percentile 10 over three weeks: noticeably fewer positions than usual.
The daily range is 35.4% and five-minute NATR is 0.66%. That range is at percentile 86 for the year — an unusually wide day.
MAGMA correlation with Bitcoin over 24 hours is -0.09 — it goes its own way, barely looking at Bitcoin.
Traded on 7 venues: Binance, Bybit, Bitget, Gate, BingX, KuCoin, MEXC — the price is cross-checked across several sources.
Over the day -20.63%, over the hour -2.36%, over the last five minutes +0.23% — the pace is steady.
By turnover it ranks 157 of 2161 instruments in the screener.
By daily range it ranks 126 of 2161.
NATR is 0.33% on the minute and 2.98% on the hour — the move is even, without sharp excursions inside the hour.
Built from current numbers and the coin's own year of history. Updates with the data.
Our observations
Kairo- PriceMAGMA moved -20.63% in 24h, day range 35.4%.
- FundingRate +0.0050% is percentile 1 for the year: longs pay shorts more than almost ever in this coin's history.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
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From the same group — decentralised finance. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
Futures metrics
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.
How much money sits in open positions on each venue. The total spans every exchange listing the contract.