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TokenPrice $AgeTVLMKT CAPTXNSVol5m1h4h24h
1
$0.356925 days 18 hr 22 min$134.2K$18.2M0<$10%0%0%0%
2
$1.09925 days 18 hr 18 min$29.9K$633.6M0<$10%0%0%0%
3
$1,311.48925 days 18 hr 14 min$4.6K$27M0<$10%0%0%0%
4
$1,197.37925 days 18 hr 17 min$3.5K$275.8M0<$10%0%0%0%
5
$0.03956925 days 18 hr 6 min$3.3K$10M0<$10%0%0%0%
6
$1925 days 18 hr 13 min$3K$22.4M0<$10%0%0%0%
7
$1.58925 days 17 hr 50 min$2.5K$15.3M0<$10%0%0%0%
8
$0.5003925 days 18 hr 9 min$1.5K$127.6M0<$10%0%0%0%
9
$0.8288925 days 18 hr 2 min$1.3K$1.9M0<$10%0%0%0%
10
$0.9998925 days 18 hr 20 min$1.2K$633.6M0<$10%0%0%0%
11
$40.83925 days 18 hr 16 min$1.2K$363.3M0<$10%0%0%0%
12
$30.17925 days 18 hr 3 min$1.1K$30.3M0<$10%0%0%0%

What is Abracadabra Money?

Abracadabra Money is a decentralized crypto lending platform that allows users to collateralize digital assets in exchange for stablecoin loans. It uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD pegged stablecoin called Magic Internet Money (MIM). The platform is built on Ethereum.

Abracadabra Money real time data

As of July 13, 2025, there are 21 trading pairs on Abracadabra Money DEX. The TVL (total value locked) is $187,433.73, with a trading volume of $0.00 in 0 transactions with in the past 24 hours.

Frequently Asked Questions

Abracadabra Money is a decentralized lending platform that allows users to use interest-bearing tokens (ibTKNs) as collateral to borrow Magic Internet Money (MIM), a USD-pegged stablecoin. This mechanism enables users to unlock liquidity from their yield-generating assets without selling them.

Abracadabra Money generates revenue from three sources: liquidation fees, borrow fees, and interest payments. The specific fees can vary depending on the collateral type and the parameters of each lending market (referred to as "Cauldrons"). Users should consult the platform's documentation or interface for detailed information on fees associated with specific assets and markets.

The main feature of Abracadabra Money is its ability to accept interest-bearing tokens (ibTKNs) as collateral, allowing users to borrow MIM stablecoins while their collateral continues to earn yield. This approach enables users to unlock liquidity from assets that would otherwise be illiquid, enhancing capital efficiency within the DeFi ecosystem.

Abracadabra Money implements standard DeFi security practices, including open-source smart contracts and community governance mechanisms. However, the platform has experienced notable security incidents, such as a $13 million exploit in March 2025 and a $6.49 million breach in January 2024. These events highlight the inherent risks in DeFi platforms, emphasizing the need for users to exercise caution and conduct thorough research.

Hack Awards

ETH Waterloo 2017
ETH Waterloo
2017
ETH Denver 2018
ETH Denver
2018
Proof of Skill Hack 2018
Proof of Skill Hack
2018
ETH Berlin 2018
ETH Berlin
2018
ETH San Francisco 2018
ETH San Francisco
2018
ETH Singapore 2019
ETH Singapore
2019
ETH Denver 2020
ETH Denver
2020
ETH Lisbon 2022
ETH Lisbon
2022

Backers

Etherscan
Smart Contracts Factory
TradingView
Data Provider
T1A
Data Provider
TON
Contributor
VELAS
Ethereum Foundation
Core Devs Meeting
2017-19
XLA
MARS DAO
Xsolla
CRYPTORG
Plasma finance
12 Swap
Partner
Chrono.tech