MAGIC is the native token of Treasure, an evolving ecosystem for interactive intellectual property and AI-native digital and physical collectibles. Treasure’s current documentation describes MAGIC as a utility token for agents to pay for compute and on-chain services, and as a governance token for decisions about emissions and protocol upgrades.
Market Data
| Metric | Value |
|---|---|
| Ticker | MAGIC |
| Price | $0.08655 USD |
| Market capitalization | $29,408,877 USD |
| 24-hour change | -0.30% |
| 24-hour trading volume | $7,012,100 USD |
| Circulating supply | about 340 million MAGIC |
| Total supply reported by CoinGecko | about 347.687 million MAGIC |
| Maximum supply | 347,714,007 MAGIC (Treasure documentation) |
CoinGecko figures checked on 2026-10-25. Price, volume, market capitalization, and reported supply fields can change; this dated snapshot is not a quote or forecast.
How MAGIC Fits into Treasure
Treasure’s current website presents an ecosystem built around interactive intellectual property, with digital and physical collectibles designed for applications and AI agents. It says its current products are built with MAGIC and on Base. That current framing differs from older descriptions centered on an Arbitrum gaming marketplace, so historical product descriptions should not be treated as a complete account of what Treasure is building now.
The token has two documented roles. An agent can use MAGIC to pay for compute or on-chain services, while holders can participate in governance votes concerning core emission policy and protocol upgrades. These stated functions do not mean that every Treasure product accepts MAGIC, that voting guarantees a particular outcome, or that token ownership conveys intellectual-property rights in a collectible.
Tokenomics
Treasure’s tokenomics documentation gives a total supply of 347,714,007 MAGIC and describes an emission curve that halves annually on September 1 at 00:00 UTC. CoinGecko’s current page reports a rounded circulating supply of about 340 million and total supply of about 347.687 million. The difference reflects provider-reported and rounded fields; the figures describe different supply measures and are not interchangeable.
The project documentation also describes the Genesis Mine as part of MAGIC’s early emission design. That historical mechanism should not be read as proof that an old mining or staking reward remains available today. Confirm current contract, network, governance decisions, and product terms before relying on any stated utility.
What the Snapshot Does Not Show
A market capitalization is a calculation based on price and a reported circulating-supply estimate; it is not cash held by Treasure or a measure of guaranteed demand. Market listings can also refer to network-specific token representations. Verify the chain and contract shown by the application you use, and treat the dated market figures as changeable reference data.
Related Terms
See Also
- NFTs and Digital Game Ownership: What Actually Changes
- OpenSea Trading Cards and Physical-Linked Collectibles
- What Is Tokenomics and Why Does It Matter?
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Sources
- Treasure’s current site — The current site describes Treasure’s interactive-IP direction, its digital and physical collectibles, and the Base-based product framing.
- Treasure documentation: MAGIC — The project documents MAGIC’s stated agent-payment utility, governance role, and 2021 launch background.
- Treasure documentation: tokenomics — This page states the documented maximum supply and annual emission-halving schedule.
- CoinGecko: Treasure (MAGIC) — This market page supplied the dated price, trading volume, market capitalization, and rounded supply snapshot.