Abracadabra Spell (SPELL)

Total Value Locked$38.24m
Chain Breakdown
Arbitrum$21.78m
Ethereum$13.59m
Blast$2.06m
BSC$438,551
Avalanche$250,700
Kava$85,092
Fantom$32,865
OP Mainnet$0
$832,773
$6.71m

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.

Category:CDP

Audits:

Development Activity

(updated at 04/04/25)

Weekly commits: 6
Monthly commits: 6
Weekly developers: 2
Monthly developers: 2

Last commit: 14 hours ago (2025-04-04)

Token Information

Address:0x090185...37e5f6

Methodology

Fees: Interest paid by borrowers

Revenue: Interest paid by borrowers

Hacks

Date:3/25/2025 (0 months ago)

Amount:$13m

Classification:Protocol Logic

Technique:

Chain:Arbitrum

Returned Funds:$0

Source

Date:1/30/2024 (14 months ago)

Amount:$6.5m

Classification:Protocol Logic

Technique:Borrow Logic Exploit

Chain:Ethereum

Returned Funds:$0

Source