Abracadabra Spell (SPELL)

Total Value Locked$31.86m
Chain Breakdown
Arbitrum$21.77m
Ethereum$6.29m
Blast$2.94m
BSC$514,118
Avalanche$245,380
Kava$84,478
Fantom$26,040
OP Mainnet$0
$1.16m
$0
$0
$0

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:

Token Information

Address:0x090185...37e5f6

Methodology

Fees: Interest paid by borrowers

Revenue: Interest paid by borrowers

Hacks

Date:1/30/2024 (16 months ago)

Amount:$6.5m

Classification:Protocol Logic

Technique:Borrow Logic Exploit

Chain:Ethereum

Returned Funds:$0

Source

Date:3/25/2025 (2 months ago)

Amount:$13m

Classification:Protocol Logic

Technique:

Chain:Arbitrum

Returned Funds:$0

Source