Total Value Locked$4.72m
TVL by Chain
Ethereum$2.41m
Arbitrum$2.13m
BSC$145,739.35
Avalanche$25,290.08
Blast$12,690.93
Fantom$1,791.34
Kava$175.79
OP Mainnet$0
Key Metrics
Fees 30d$2,710.69
Fees 30d by chain
Arbitrum$2,171.66
Ethereum$496.38
Avalanche$41.34
Kava$0.04
BSC$0
Fantom$0
OP Mainnet$0
Fees 7d$0
Arbitrum$0
Avalanche$0
BSC$0
Ethereum$0
Fantom$0
Kava$0
OP Mainnet$0
Fees 24h$0
Arbitrum$0
Avalanche$0
BSC$0
Ethereum$0
Fantom$0
Kava$0
OP Mainnet$0
Cumulative Fees$77.76m
Ethereum$65.64m
Avalanche$6.15m
Arbitrum$3.61m
Fantom$2.28m
BSC$68,261.94
Kava$3,388.6
OP Mainnet$9.81
Revenue 30d$2,702.67
Revenue 30d by chain
Arbitrum$2,171.64
Ethereum$488.38
Avalanche$41.31
Kava$0.04
BSC$0
Fantom$0
OP Mainnet$0
Revenue 7d$0
Arbitrum$0
Avalanche$0
BSC$0
Ethereum$0
Fantom$0
Kava$0
OP Mainnet$0
Revenue 24h$0
Arbitrum$0
Avalanche$0
BSC$0
Ethereum$0
Fantom$0
Kava$0
OP Mainnet$0
Cumulative Revenue$39.04m
Ethereum$32.9m
Avalanche$3.08m
Arbitrum$1.88m
Fantom$1.14m
BSC$34,183.67
Kava$1,709.44
OP Mainnet$4.45
Holders Revenue 30d$1,351.6
Holders Revenue 30d by chain
Arbitrum$1,085.82
Ethereum$245.69
Avalanche$20.14
Kava$0.02
BSC$0
Fantom$0
OP Mainnet$0
Holders Revenue 7d$0
Arbitrum$0
Avalanche$0
BSC$0
Ethereum$0
Fantom$0
Kava$0
OP Mainnet$0
Holders Revenue 24h$0
Arbitrum$0
Avalanche$0
BSC$0
Ethereum$0
Fantom$0
Kava$0
OP Mainnet$0
Cumulative Holders Revenue$165,173.04
Ethereum$85,232.69
Arbitrum$79,813.32
BSC$63.12
Avalanche$47.44
Kava$18.22
OP Mainnet$1.29
Fantom$0
Protocol Information
Abracadabra.money is a spell book that allows users to produce magic internet money ($MIM) which is a stable coin that you can swap for any other traditional stable coin.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees paid by MIM borrowers in Abracadabra Cauldrons: interest on outstanding debt, a one-time borrow/opening fee, and liquidation penalties. Tracked from on-chain cauldron events (LogAccrue, LogBorrow, LogRemoveCollateral + LogRepay pairs for liquidations).View code on GitHubRevenue: Protocol's share of Cauldron fees: all interest and borrow/opening fees (MIM is minted, there are no lenders) plus 10% of liquidation penalties.View code on GitHubHolders Revenue: 50% of protocol revenue used for SPELL buybacks and mSPELL staker rewards (AIP #10).View code on GitHubYields
Pools Tracked1
Average Supply APY15.55%
Hacks
Date: Jan 30, 2024
Amount: $6.5m
Classification: Token & Share Accounting
Technique: Rounding Error
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Date: Mar 25, 2025
Amount: $13m
Classification: Protocol Logic
Technique: Liquidation Logic Flaw
Chains: Arbitrum
Language: Solidity
Target Type: DeFi Protocol
Date: Oct 4, 2025
Amount: $1.7m
Classification: Access Control
Technique: Improper Access Control
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Abracadabra Spell's TVL?
Abracadabra Spell currently has $4.72m in total value locked. TVL has increased 19.6% over the past 30 days.
What chains does Abracadabra Spell operate on?
Abracadabra Spell operates on 8 chains: BSC, Ethereum, Blast, OP Mainnet, and Avalanche and 3 others. Ethereum holds the largest share at 50.9%.
How much has Abracadabra Spell generated in fees and revenue?
Over the past 30 days, Abracadabra Spell generated $2,710.69 in fees. Of that, $2,702.67 was protocol revenue. Based on the trailing year, the annualized rate is $1.34m in fees and $834,928.27 in revenue.
How does Abracadabra Spell's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Abracadabra Spell ranks #22 by TVL. The category holds $7.76b across 203 protocols, and Abracadabra Spell accounts for 0.1% of that total. Other leading protocols include QiDao, Angle, Reservoir Protocol, Overnight Finance, Davos Protocol, Gravita Protocol, xDollar, Button Wrappers, TopShelf, and Deaderal Reserve Protocol.
How many yield pools does Abracadabra Spell have?
DefiLlama tracks 1 Abracadabra Spell yield pool with an average APY of 15.6%.
Has Abracadabra Spell ever been exploited?
Abracadabra Spell has 3 recorded security incidents. The most recent incident occurred on Oct 4, 2025 and involved $1.7m. It was classified as Access Control.