◆ Decentralised finance (DeFi) · SPELLUSDT
Spell Token
Spell is the token of Abracadabra, issuer of the MIM stablecoin.
◆ Live market
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24h
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- Ticker
- SPELLUSDT
- Category
- Cryptocurrencies
- Type
- Decentralised finance (DeFi)
- Sector
- DeFi
- Market-cap rank
- n°749
- Trading hours
- 24/7
What is Spell Token?
Spell is the token of Abracadabra, issuer of the MIM stablecoin. Decentralised finance covers protocols providing financial services without intermediaries: decentralised exchanges (DEX), lending and borrowing, derivatives, yield. Rules are coded in smart contracts.
How Spell Token works and what gives it value
A DeFi token usually grants governance and sometimes a share of protocol fees (buybacks, distribution). The market rewards protocols generating real, durable revenue.
What moves the price of Spell Token
- ◆Trading and borrowing volume on the protocol
- ◆Fees and revenue shared with holders
- ◆Health of the host chain
- ◆Yields and incentives offered
- ◆Regulatory changes
Key metrics to watch
- ◆TVL
- ◆Protocol revenue
- ◆Market cap to fees ratio
- ◆Daily volume
Risks specific to Spell Token
- ◆Smart-contract hacks
- ◆Cascading liquidations in sell-offs
- ◆Temporary incentives inflating activity
How to analyse Spell Token on GraphTrade
Daily and 4h; buyback or fee-switch announcements often trigger breakouts. Open the SPELLUSDT chart, add the indicators below, compare Spell Token with similar assets in Performance and ask the AI Compass to explain the latest move with news and macro context.
Themes
Included in: Top 501–1000.
◆ Indicators suited to Spell Token
◆ FAQ
What is Spell Token (SPELLUSDT)?
Spell is the token of Abracadabra, issuer of the MIM stablecoin.
Why is Spell Token going up or down today?
The main drivers are: trading and borrowing volume on the protocol, fees and revenue shared with holders, health of the host chain, yields and incentives offered. The AI Compass cross-references these with today's news.
Which indicators work best on Spell Token?
Daily and 4h; buyback or fee-switch announcements often trigger breakouts.
What are the risks of Spell Token?
Smart-contract hacks ; Cascading liquidations in sell-offs ; Temporary incentives inflating activity.
What is the market-cap rank of Spell Token?
Spell Token was ranked #749 by market cap when this page was generated, in the DeFi sector. The live rank appears at the top of the page.
How do I follow Spell Token in real time?
Open the free GraphTrade chart for SPELLUSDT: price updates live every second, with all indicators.
How do I add Spell Token to my portfolio?
Click « Add to portfolio » on this page: the asset joins your active portfolio.
Is this investment advice?
No. GraphTrade provides information and analysis tools only.
◆ Assets similar to Spell Token
Information only, not investment advice.