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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. | Today (November 21, 2025) | $0.000255 | -8.43% |
|---|---|---|
| 24 hours ago (November 20, 2025) | $0.000278 | -8.43% |
| 1 week ago (November 14, 2025) | $0.000287 | -11.22% |
| 1 month ago (October 22, 2025) | $0.000345 | -26.17% |
| 1 year ago (November 21, 2024) | $0.000765 | -66.72% |
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