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, computed from on-chain venue data rather than exchange feeds. The full method, tolerances 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 $60.9M — 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.