ME Magic Eden Rank #534 $0.0657 ▲ 2.82%

Magic Eden is a multi-chain non-fungible token marketplace and digital asset trading platform. Originally launched on Solana, it has since expanded to support a broad range of networks including Bitcoin, Ethereum, Base, Apechain, Polygon, Arbitrum, Sei, Monad, and Berachain. In addition to standard NFT buying and selling, the platform facilitates the trading of Ordinals on Bitcoin and serves as a marketplace for Runes, a fungible token protocol native to the Bitcoin network. By aggregating activity across numerous ecosystems, Magic Eden functions as a unified discovery and exchange hub for collectors and creators of on-chain digital collectibles. The project is backed by prominent venture capital firms, with Paradigm and Sequoia Capital listed among its investors, reflecting its position within the broader NFT infrastructure landscape.