Spell

Spell
SPELL
Contract address
0x0901...37e5f6
Copy SPELL contract address
$0.000174
-$0.00001511(-8.67%)Today
Market cap
29.89M
Total volume (24h)
31.17M
Volume / Market cap
1.0429
Circulating supply
171.51B
Day range (24h)
$0.000174$0.000198
All-time low
$0.000154
All-time high
$0.0351

About Spell (SPELL)

Spell Token (SPELL) is the governance and rewards cryptocurrency of Abracadabra.money, a decentralized finance (DeFi) protocol that was launched in May 2021 by Popsicle Finance’s Daniele Sesta and Squirrel. SPELL is an ERC-20 token that is compatible with the Ethereum network, as well as others like Arbitrum and Avalanche via bridging. 
Abracadabra.money allows you to borrow a stablecoin called Magic Internet Money (MIM), a USD pegged stablecoin that is backed by interest bearing tokens, like Aave aTokens (aUSDT, aDAI, aETH) or Yearn Finance Vault Tokens (yvUSDT, yvETH, yvDAI). SPELL owners can participate in Abracadabra.money governance, trading, and earn rewards from the protocol.
Holders of SPELL are typically DeFi investors, yield farmers, and active community-driven crypto enthusiasts aka Spellcasters.  

Price history

Today (April 28, 2026)$0.000174-8.67%
24 hours ago (April 27, 2026)$0.000191-8.67%
1 week ago (April 21, 2026)$0.000166+4.89%
1 month ago (March 29, 2026)$0.000163+7.03%
1 year ago (April 28, 2025)$0.000629-72.28%

Calculator

SPELL market moves

AI summary for information only. Not financial advice.


24h change: -2.07%. From $0.00018 to $0.000176.

  • Abracadabra Money has faced three major hacks since 2024, including $1.7 million loss in October 2025 on Ethereum and $13 million in March 2025 on Arbitrum, both due to protocol logic flaws. These incidents have contributed to TVL dropping to $8.2 million, a 25% decline this week. Security remains a key concern for the DeFi lending platform.
  • Abracadabra Money is preparing V2 with features like higher loan-to-value ratios, debit cards, and privacy-focused private DeFi banking. The upgrade aims to enhance usability for daily transactions across chains. Beta waitlist is open via the official site.

24h change: +12.93%. From $0.000166 to $0.000187.

  • Abracadabra suffered three major hacks totaling over $21 million since 2024, including $13 million on Arbitrum in 2025. These exploits involved protocol and borrow logic vulnerabilities. The protocol now shows $8.3 million TVL with zero recent revenue, alongside SPELL's high annual inflation near 60%.
  • Bitfinex announced delisting of SPELL trading pairs effective March 4, 2026. The decision affects SPELL among numerous other tokens. This comes amid the token's low market cap and protocol challenges.

24h change: +1.43%. From $0.000165 to $0.000167.

  • Abracadabra.Money, the protocol behind SPELL and MIM, has faced several exploits including a $13 million flash loan attack in March 2025 targeting GMX liquidity pools and a $1.8 million hack in October 2025. These incidents highlight ongoing security challenges in its cauldrons lending mechanism. Such events erode user trust and contribute to depressed token metrics amid high inflation.

24h change: -0.62%. From $0.000166 to $0.000165.

  • Abracadabra Money, the DeFi protocol behind SPELL, has faced several security incidents including a $13 million hack in March 2025 and a $1.8 million exploit in October 2025. These events have drained significant funds from its cauldrons used for lending and borrowing. The repeated vulnerabilities contribute to diminished protocol usage and token value.
  • Bitfinex announced the delisting of SPELL and other tokens, with trading ceasing on March 4, 2026, and withdrawals allowed until May 4, 2026. This move by the exchange reduces SPELL's liquidity on a major platform. Such delistings can impact accessibility for traders.

24h change: +0.54%. From $0.000164 to $0.000165.

  • Abracadabra Money revealed V2 upgrades to transform its MIM stablecoin into a private banking solution. Features include higher loan-to-value ratios for borrowing, debit cards for spending, and privacy by default. This aims to expand DeFi utility while addressing past security issues.

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