🔥 Binance Alpha | $MAGMA
📅 Listing: 16/12
Magma Finance is a DEX on SUI, applying the ve (3,3) model to improve liquidity fragmentation and optimize capital efficiency.
The project combines AI-driven ALMM with concentrated liquidity, aiming for a more efficient trading experience.
🔹 Key Information
Token: MAGMA
Total Supply: 1B
Initial Circulation: 190M (19%)
Trading Start Time: ~18:00 on 16/12 (20:00 on Bitget)
Raise: 6M USD
Backer: HashKey Capital
Reference Rating: ★★★☆☆
🔹 Tokenomics
Ecosystem: 51% (not unlocked at TGE)
Team + Foundation: 30% (12-month lock, gradually unlocked)
Airdrop: 10% (100% unlocked at TGE)
Marketing + Liquidity: 9% (100% unlocked)
🔹 Supply & Airdrop
Binance Alpha expected ~1%
Airdrop 10%, currently accumulated through trading, LP, Galxe tasks, and community activities
🔹 Reference Valuation
Pre-price: ~0.1 USDT
Circulating Market Cap: ~19M USD
FDV: ~100M USD
Quick Assessment:
The opening market cap is at an acceptable level for short-term trading, with potential for strong fluctuations at the beginning of the session. However, in the medium to long term, the current valuation does not create a clear advantage compared to other major DEXs on the SUI network.$AIA
$RAVE
$WET
