Alpha 12/16 $MAGMA Airdrop Analysis

Magma Finance is a DeFi protocol built on the Sui blockchain with a ve(3,3) model.

In December 2025, a round of strategic financing was completed, with a total amount of $6 million.

Total Locked: $27,870,266

Total Fees: $2,031,225

Total Transactions: $6,475,258,546

Initial Distribution

1 billion $MAGMA Distribution:

1️⃣ Ecosystem Reserve – 51%

2️⃣ Community Incentives/Airdrop – 10%

3️⃣ Contributors – 15%

4️⃣ Investors – 15%

5️⃣ Foundation/Marketing – 7%

6️⃣ Liquidity – 2%

The $6 million invested by VC corresponds to 150 million tokens = 0.04.

Initial circulation is about 20%, based on the ve(3,3) model, the sell pressure from the airdrop is not significant.

Alpha's listing phase bottomed at 0.08, suggesting range trading.