Spell Token(SPELL) is a reward tokenassociated with abracadabra.money, a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD-pegged stablecoincalled Magic Internet Money(MIM). Abracadabra uses the Kashi Lending Technology pioneered by SushiSwap(SUSHI) to provide isolated lending markets that allow users to adjust their risk tolerance according to the collateral they decide to use. Users can deposit collateral and borrow MIM against it. Abracadabra also offers yield farmingopportunities, where users can staketheir liquidity provider (LP) tokens to farm SPELL. This facilitates better liquidity for certain cryptocurrency pairs, currently Ether(ETH)-Spell Token (SPELL) and Magic Internet Money(MIM)-LP 3pool Curve(3CRV). Furthermore, users can also open leveragedfarming positions using borrowed MIM from their interest-bearing collateral.
Spell Token Price
$ 0.00008970(--)
SPELL Price Chart
No Data
Spell Token Market Information
- $0.0350
- --
- --
- --
- 564
- 97,132,338,141.56
- $15.38M
- 171,510,541,047.00
About Spell Token
Information
| Issue Date | -- | Initial Offering Price | $ 0.0005 |
|---|---|---|---|
| Max Supply | 210000000000 | Circulating Supply | 171,510,541,047.00 |
| Listed Exchanges | 11 | Incentive Mechanism | -- |
| Encryption Algorithm | -- |
Spell Token Price History
| Time | Change | High | Low |
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| 24H | -- | -- | -- |
| 7D | -- | -- | -- |
| 30D | -- | -- | -- |
| All | -- | -- | -- |
Spell Token News
Stablecoin Market Drops $10B, Analysts Downplay Concerns
The total market capitalization of stablecoins has fallen by $10 billion since May 2026, with a $7.7 billion decline occurring in June 2026 alone.Sherry Cantwell
New SEC Crypto Rule to Cut Red Tape for Startup Fundraising
The U.S. Securities and Exchange Commission plans to introduce a major regulatory framework this month to simplify capital formation and reduce operational hurdles for cryptocurrency businesses.Martha Grizzard
White House Admits Federal Bitcoin Fund is Still Delayed
The establishment of the Strategic Bitcoin Reserve has run into severe internal friction regarding which cabinet-level agency holds authority over the asset.Martha Grizzard
Learn
What is the Spell Token? What are the Uses of Spell Token?
In this article, you will learn what is the Spell token. It is important in the functioning and governance of the Spell protocol and its stablecoin ecosystem.Wayne IngramWhat is SPELL Crypto? Is It a Good Investment?
SPELL is a cryptocurrency that is native to the Abracadabra money platform. In this article, we will take a closer look at SPELL crypto and discuss whether or not it is a good investment.Cornell RachelSpell Token Price Prediction: Will The Defi Token Be Alive Again?
The native governance and staking token of Abracadabra Money, a cross-blockchain lending platform, is called Spell Token (SPELL). If you would like to know SPELL token price prediction, this article is for you.Sherry Cantwell
Frequently Asked Questions
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