Total Value Locked$129,898
TVL by Chain
IOTA EVM$129,898
Key Metrics
Fees 30d$16,332
Fees 30d by chain
IOTA EVM$16,332
Fees 7d$60.53
IOTA EVM$60.53
Fees 24h$0.70
IOTA EVM$0.70
Cumulative Fees$962,476
IOTA EVM$962,476
Revenue 30d$4,085
Revenue 30d by chain
IOTA EVM$4,085
Revenue 7d$15.47
IOTA EVM$15.47
Revenue 24h$0.18
IOTA EVM$0.18
Cumulative Revenue$240,616
IOTA EVM$240,616
Holders Revenue 30d$4,085
Holders Revenue 30d by chain
IOTA EVM$4,085
Holders Revenue 7d$15.47
IOTA EVM$15.47
Holders Revenue 24h$0.18
IOTA EVM$0.18
Cumulative Holders Revenue$13,114
IOTA EVM$13,114
DEX Volume 30d$5.3m
DEX Volume 30d by chain
IOTA EVM$5.3m
DEX Volume 7d$3,388
IOTA EVM$3,388
DEX Volume 24h$331
IOTA EVM$331
Cumulative DEX Volume$384.99m
IOTA EVM$384.99m
Protocol Information
MagicSea is the leading Decentralized Exchange (DEX) and NFT Marketplace on IOTA and Shimmer EVM offering a premier Trading and Market Making experience
Sub Category: AMM
Methodology
TVL: We count the token balances in in different liquidity book contractsView code on GitHubFees: Swap fees paid by traders, from 0.05% on stablecoin pairs to 0.8% on volatile pairs, rising further while the market is volatile.View code on GitHubRevenue: 25% of swap fees, the protocol's share on every pool.View code on GitHubHolders Revenue: The protocol's 25% share of swap fees, routed to the Magic LUM staking pool and paid out to MLUM stakers in USDC.View code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubCompetitors
MagicSea LB history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jun 11, 2024 to Oct 28, 2026.
All-time high TVL: $8.7m on Dec 8, 2024. All-time low TVL: $36,633 on Jun 19, 2024.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $420,384 |
| Sep 30, 2026 | $414,206 |
| Oct 1, 2026 | $428,089 |
| Oct 2, 2026 | $430,054 |
| Oct 3, 2026 | $260,588 |
| Oct 4, 2026 | $264,888 |
| Oct 5, 2026 | $266,539 |
| Oct 6, 2026 | $265,743 |
| Oct 7, 2026 | $263,205 |
| Oct 8, 2026 | $253,314 |
| Oct 9, 2026 | $247,834 |
| Oct 10, 2026 | $175,332 |
| Oct 11, 2026 | $201,558 |
| Oct 12, 2026 | $201,864 |
| Oct 13, 2026 | $156,482 |
| Oct 14, 2026 | $130,618 |
| Oct 15, 2026 | $130,474 |
| Oct 16, 2026 | $153,376 |
| Oct 17, 2026 | $144,378 |
| Oct 18, 2026 | $143,869 |
| Oct 19, 2026 | $130,092 |
| Oct 20, 2026 | $130,092 |
| Oct 21, 2026 | $142,024 |
| Oct 22, 2026 | $142,296 |
| Oct 23, 2026 | $130,004 |
| Oct 24, 2026 | $140,753 |
| Oct 25, 2026 | $141,195 |
| Oct 26, 2026 | $129,944 |
| Oct 27, 2026 | $129,952 |
| Oct 28, 2026 | $129,923 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $4.93m |
| Dec 31, 2024 | $6.15m |
| Jan 31, 2025 | $6.39m |
| Feb 28, 2025 | $4.66m |
| Mar 31, 2025 | $3.33m |
| Apr 30, 2025 | $2.98m |
| May 31, 2025 | $3.1m |
| Jun 30, 2025 | $2.91m |
| Jul 31, 2025 | $3.08m |
| Aug 31, 2025 | $2.95m |
| Sep 30, 2025 | $2.52m |
| Oct 31, 2025 | $2.27m |
| Nov 30, 2025 | $968,550 |
| Dec 31, 2025 | $936,301 |
| Jan 31, 2026 | $960,798 |
| Feb 28, 2026 | $888,139 |
| Mar 31, 2026 | $763,292 |
| Apr 30, 2026 | $711,359 |
| May 31, 2026 | $690,484 |
| Jun 30, 2026 | $670,085 |
| Jul 31, 2026 | $640,441 |
| Aug 31, 2026 | $357,583 |
| Sep 30, 2026 | $414,206 |
| Oct 28, 2026 (latest) | $129,923 |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $6.15m |
| Dec 31, 2025 | $936,301 |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $71,762 | $17,940 | - |
| Dec 2024 | $132,755 | $33,189 | - |
| Jan 2025 | $87,733 | $21,933 | - |
| Feb 2025 | $54,054 | $13,512 | - |
| Mar 2025 | $68,675 | $17,169 | - |
| Apr 2025 | $59,242 | $14,811 | - |
| May 2025 | $39,230 | $9,808 | - |
| Jun 2025 | $27,007 | $6,749 | - |
| Jul 2025 | $60,209 | $15,055 | - |
| Aug 2025 | $44,777 | $11,198 | - |
| Sep 2025 | $28,303 | $7,076 | - |
| Oct 2025 | $44,703 | $11,174 | - |
| Nov 2025 | $32,821 | $8,203 | - |
| Dec 2025 | $15,516 | $3,880 | - |
| Jan 2026 | $23,953 | $5,990 | - |
| Feb 2026 | $24,236 | $6,058 | - |
| Mar 2026 | $12,895 | $3,226 | - |
| Apr 2026 | $16,446 | $4,108 | - |
| May 2026 | $20,513 | $5,124 | - |
| Jun 2026 | $21,497 | $5,372 | - |
| Jul 2026 | $17,012 | $4,252 | $421.03 |
| Aug 2026 | $16,247 | $4,060 | $4,060 |
| Sep 2026 | $26,024 | $6,510 | $6,510 |
| Oct 2026 (to date) | $8,490 | $2,124 | $2,124 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/magicsea-lb
Frequently asked questions
What is MagicSea LB's TVL?
As of Oct 28, 2026, MagicSea LB has $129,898 in total value locked. TVL has decreased 67.8% over the past 30 days.
What chains does MagicSea LB operate on?
MagicSea LB operates on IOTA EVM. IOTA EVM holds the largest share at 100%.
How much has MagicSea LB generated in fees and revenue?
Over the past 30 days, MagicSea LB generated $16,332 in fees. Of that, $4,085 was protocol revenue. Based on the trailing year, the annualized rate is $242,604 in fees and $60,645 in revenue.
How does MagicSea LB's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, MagicSea LB ranks #528 by TVL. The category holds $13.374b across 1,923 protocols, and MagicSea LB accounts for <0.1% of that total. Similar protocols include WAGMI, MagicSea AMM, Velocimeter V4, Graphene by Velocimeter, Uniswap V3, PancakeSwap AMM, Uniswap V4, Curve DEX, Raydium AMM, and Uniswap V2.
How much trading volume does MagicSea LB process?
MagicSea LB processed $5.3m in DEX volume over the past 30 days.