Magic Eden (ME)
Supply & valuation
Circulating supply can't be independently verified for this asset; this valuation uses total on-chain supply. Why we label it this way
This asset's circulating supply (and any valuation computed from it) is carried from a named source rather than our own chain read: Powered by CoinStats.
Questions
ME — frequently asked questions
What is Magic Eden's supply?
Magic Eden has a circulating supply of 607.2M ME and a total supply of 1,000.0M ME. This asset's supply can't be read from the chain in a single call, so the circulating figure is data powered by CoinStats rather than our own chain read — labelled as such on this page.
How is the ME price here computed?
The ME price on this page is TheDistributed's own reference price: we take DEX pool prices from DexScreener and weight them by pool liquidity, rather than using an exchange feed. The full method and labels are documented on our methodology page.
Does Magic Eden have a market cap?
We don't label a market cap for Magic Eden because its circulating supply can't be independently verified. Instead this page shows a total-supply valuation of $60.6M — the reference price times the total on-chain supply — labelled as exactly that.
Is Magic Eden its own blockchain?
No — Magic Eden (ME) is a token issued on a host blockchain rather than a native coin. We track it by its verified canonical contract, and its on-chain figures are read from that contract.
Answers are generated from the live figures on this page — our own reference price — and update as the data does.