• bitcoinBitcoin (BTC) $ 77,522.00
  • ethereumEthereum (ETH) $ 1,481.35
  • tetherTether (USDT) $ 0.999192
  • xrpXRP (XRP) $ 1.83
  • bnbBNB (BNB) $ 560.38
  • usd-coinUSDC (USDC) $ 0.999877
  • solanaSolana (SOL) $ 106.00
  • tronTRON (TRX) $ 0.230603
  • dogecoinDogecoin (DOGE) $ 0.146350
  • cardanoCardano (ADA) $ 0.568550
  • staked-etherLido Staked Ether (STETH) $ 1,479.00
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 77,321.00
  • leo-tokenLEO Token (LEO) $ 9.16
  • usdsUSDS (USDS) $ 0.999857
  • the-open-networkToncoin (TON) $ 3.01
  • chainlinkChainlink (LINK) $ 11.36
  • avalanche-2Avalanche (AVAX) $ 16.44
  • stellarStellar (XLM) $ 0.220748
  • shiba-inuShiba Inu (SHIB) $ 0.000011
  • hedera-hashgraphHedera (HBAR) $ 0.150916
  • suiSui (SUI) $ 1.95
  • wrapped-stethWrapped stETH (WSTETH) $ 1,776.87
  • mantra-daoMANTRA (OM) $ 6.22
  • bitcoin-cashBitcoin Cash (BCH) $ 273.24
  • litecoinLitecoin (LTC) $ 71.43
  • polkadotPolkadot (DOT) $ 3.41
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • ethena-usdeEthena USDe (USDE) $ 0.998233
  • bitget-tokenBitget Token (BGB) $ 4.07
  • hyperliquidHyperliquid (HYPE) $ 12.71
  • wethWETH (WETH) $ 1,482.46
  • whitebitWhiteBIT Coin (WBT) $ 27.77
  • pi-networkPi Network (PI) $ 0.573228
  • moneroMonero (XMR) $ 195.76
  • wrapped-eethWrapped eETH (WEETH) $ 1,576.20
  • daiDai (DAI) $ 0.999746
  • okbOKB (OKB) $ 51.67
  • susdssUSDS (SUSDS) $ 1.05
  • uniswapUniswap (UNI) $ 4.87
  • pepePepe (PEPE) $ 0.000006
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 77,388.00
  • aptosAptos (APT) $ 4.35
  • gatechain-tokenGate (GT) $ 21.08
  • ondo-financeOndo (ONDO) $ 0.740666
  • nearNEAR Protocol (NEAR) $ 1.90
  • internet-computerInternet Computer (ICP) $ 4.66
  • crypto-com-chainCronos (CRO) $ 0.081693
  • tokenize-xchangeTokenize Xchange (TKX) $ 27.93
  • mantleMantle (MNT) $ 0.662520
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.16
  • ethereum-classicEthereum Classic (ETC) $ 14.18
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • aaveAave (AAVE) $ 128.27
  • cosmosCosmos Hub (ATOM) $ 4.27
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997362
  • vechainVeChain (VET) $ 0.020388
  • fasttokenFasttoken (FTN) $ 4.03
  • bittensorBittensor (TAO) $ 201.88
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 77,347.00
  • ethenaEthena (ENA) $ 0.287366
  • kaspaKaspa (KAS) $ 0.061153
  • render-tokenRender (RENDER) $ 2.95
  • official-trumpOfficial Trump (TRUMP) $ 7.62
  • filecoinFilecoin (FIL) $ 2.33
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.171642
  • celestiaCelestia (TIA) $ 2.31
  • algorandAlgorand (ALGO) $ 0.159805
  • sonic-3Sonic (prev. FTM) (S) $ 0.402816
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 77,244.00
  • arbitrumArbitrum (ARB) $ 0.275133
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 3.41
  • kucoin-sharesKuCoin (KCS) $ 9.54
  • story-2Story (IP) $ 4.27
  • makerMaker (MKR) $ 1,247.20
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.394774
  • optimismOptimism (OP) $ 0.613838
  • eosEOS (EOS) $ 0.669917
  • usdt0USDT0 (USDT0) $ 0.998539
  • xdce-crowd-saleXDC Network (XDC) $ 0.063761
  • jupiter-exchange-solanaJupiter (JUP) $ 0.347325
  • nexoNEXO (NEXO) $ 0.951549
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,482.06
  • binance-staked-solBinance Staked SOL (BNSOL) $ 110.80
  • dexeDeXe (DEXE) $ 15.58
  • quant-networkQuant (QNT) $ 60.60
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,539.51
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • blockstackStacks (STX) $ 0.554099
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999323
  • paypal-usdPayPal USD (PYUSD) $ 0.999833
  • worldcoin-wldWorldcoin (WLD) $ 0.636492
  • usual-usdUsual USD (USD0) $ 0.998173
  • bonkBonk (BONK) $ 0.000010
  • movementMovement (MOVE) $ 0.310445
  • tether-goldTether Gold (XAUT) $ 3,085.62
  • flare-networksFlare (FLR) $ 0.011491
  • rocket-pool-ethRocket Pool ETH (RETH) $ 1,669.02
  • theta-tokenTheta Network (THETA) $ 0.720521
  • immutable-xImmutable (IMX) $ 0.395596
  • injective-protocolInjective (INJ) $ 7.23
  • the-graphThe Graph (GRT) $ 0.073168
  • sei-networkSei (SEI) $ 0.142460
  • solv-protocol-solvbtc-bbnSolv Protocol xSolvBTC (XSOLVBTC) $ 76,866.00
  • pax-goldPAX Gold (PAXG) $ 3,093.77
  • wbnbWrapped BNB (WBNB) $ 560.76
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 77,251.00
  • curve-dao-tokenCurve DAO (CRV) $ 0.475498
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999545
  • tezosTezos (XTZ) $ 0.591435
  • lido-daoLido DAO (LDO) $ 0.670149
  • the-sandboxThe Sandbox (SAND) $ 0.241592
  • mantle-staked-etherMantle Staked Ether (METH) $ 1,571.25
  • galaGALA (GALA) $ 0.013075
  • zcashZcash (ZEC) $ 35.35
  • fartcoinFartcoin (FARTCOIN) $ 0.566684
  • bittorrentBitTorrent (BTT) $ 0.00000057
  • kaiaKaia (KAIA) $ 0.096524
  • iotaIOTA (IOTA) $ 0.149855
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.82
  • walrus-2Walrus (WAL) $ 0.419824
  • honey-3Honey (HONEY) $ 0.999489
  • bitcoin-svBitcoin SV (BSV) $ 26.45
  • flowFlow (FLOW) $ 0.328037
  • jito-governance-tokenJito (JTO) $ 1.61
  • jasmycoinJasmyCoin (JASMY) $ 0.010417
  • true-usdTrueUSD (TUSD) $ 0.996913
  • msolMarinade Staked SOL (MSOL) $ 135.62
  • coredaoorgCore (CORE) $ 0.486570
  • pendlePendle (PENDLE) $ 2.97
  • flokiFLOKI (FLOKI) $ 0.000050
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999879
  • beldexBeldex (BDX) $ 0.067800
  • kavaKava (KAVA) $ 0.427081
  • raydiumRaydium (RAY) $ 1.57
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999876
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,542.38
  • pumpbtcpumpBTC (PUMPBTC) $ 76,495.00
  • heliumHelium (HNT) $ 2.45
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 116.09
  • ethereum-name-serviceEthereum Name Service (ENS) $ 13.02
  • pyth-networkPyth Network (PYTH) $ 0.119046
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • grassGrass (GRASS) $ 1.53
  • saros-financeSaros (SAROS) $ 0.158644
  • neoNEO (NEO) $ 5.85
  • stargate-bridged-usdc-berachainStargate Bridged USDC (Berachain) (USDC.E) $ 0.999526
  • usdbUSDB (USDB) $ 0.997734
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • ousgOUSG (OUSG) $ 110.62
  • decentralandDecentraland (MANA) $ 0.215586
  • dydx-chaindYdX (DYDX) $ 0.522284
  • apenftAPENFT (NFT) $ 0.00000040
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 77,201.00
  • resolv-usrResolv USR (USR) $ 0.999443
  • clbtcclBTC (CLBTC) $ 77,441.00
  • spx6900SPX6900 (SPX) $ 0.415610
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.146288
  • berachain-beraBerachain (BERA) $ 3.46
  • telcoinTelcoin (TEL) $ 0.004041
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006529
  • elrond-erd-2MultiversX (EGLD) $ 13.00
  • axie-infinityAxie Infinity (AXS) $ 2.28
  • olympusOlympus (OHM) $ 22.25
  • thorchainTHORChain (RUNE) $ 1.03
  • starknetStarknet (STRK) $ 0.123943
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 1,573.63
  • chilizChiliz (CHZ) $ 0.037043
  • ubtcuBTC (UBTC) $ 77,106.00
  • ecasheCash (XEC) $ 0.000018
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.998712
  • tbtctBTC (TBTC) $ 77,230.00
  • conflux-tokenConflux (CFX) $ 0.068886
  • dogwifcoindogwifhat (WIF) $ 0.333312
  • compound-governance-tokenCompound (COMP) $ 37.22
  • plumePlume (PLUME) $ 0.166089
  • roninRonin (RON) $ 0.528850
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 1.00
  • wormholeWormhole (W) $ 0.071020
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,478.76
  • super-oethSuper OETH (SUPEROETHB) $ 1,477.93
  • fraxFrax (FRAX) $ 0.999479
  • solayerSolayer (LAYER) $ 1.52
  • arweaveArweave (AR) $ 4.87
  • cheems-tokenCheems Token (CHEEMS) $ 0.000002
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,479.41
  • apecoinApeCoin (APE) $ 0.394359
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.742051
  • beam-2Beam (BEAM) $ 0.005867
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 1,549.47
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000055
  • matic-networkPolygon (MATIC) $ 0.171611
  • ripple-usdRipple USD (RLUSD) $ 0.998736
  • usddUSDD (USDD) $ 0.998841
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.446260
  • chain-2Onyxcoin (XCN) $ 0.008675
  • axelarAxelar (AXL) $ 0.303938
  • justJUST (JST) $ 0.028882
  • amp-tokenAmp (AMP) $ 0.003280
  • infrared-beraInfrared Bera (IBERA) $ 3.40
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 1,506.22
  • bitcoinBitcoin (BTC) $ 77,522.00
  • ethereumEthereum (ETH) $ 1,481.35
  • tetherTether (USDT) $ 0.999192
  • xrpXRP (XRP) $ 1.83
  • bnbBNB (BNB) $ 560.38
  • usd-coinUSDC (USDC) $ 0.999877
  • solanaSolana (SOL) $ 106.00
  • tronTRON (TRX) $ 0.230603
  • dogecoinDogecoin (DOGE) $ 0.146350
  • cardanoCardano (ADA) $ 0.568550
  • staked-etherLido Staked Ether (STETH) $ 1,479.00
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 77,321.00
  • leo-tokenLEO Token (LEO) $ 9.16
  • usdsUSDS (USDS) $ 0.999857
  • the-open-networkToncoin (TON) $ 3.01
  • chainlinkChainlink (LINK) $ 11.36
  • avalanche-2Avalanche (AVAX) $ 16.44
  • stellarStellar (XLM) $ 0.220748
  • shiba-inuShiba Inu (SHIB) $ 0.000011
  • hedera-hashgraphHedera (HBAR) $ 0.150916
  • suiSui (SUI) $ 1.95
  • wrapped-stethWrapped stETH (WSTETH) $ 1,776.87
  • mantra-daoMANTRA (OM) $ 6.22
  • bitcoin-cashBitcoin Cash (BCH) $ 273.24
  • litecoinLitecoin (LTC) $ 71.43
  • polkadotPolkadot (DOT) $ 3.41
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • ethena-usdeEthena USDe (USDE) $ 0.998233
  • bitget-tokenBitget Token (BGB) $ 4.07
  • hyperliquidHyperliquid (HYPE) $ 12.71
  • wethWETH (WETH) $ 1,482.46
  • whitebitWhiteBIT Coin (WBT) $ 27.77
  • pi-networkPi Network (PI) $ 0.573228
  • moneroMonero (XMR) $ 195.76
  • wrapped-eethWrapped eETH (WEETH) $ 1,576.20
  • daiDai (DAI) $ 0.999746
  • okbOKB (OKB) $ 51.67
  • susdssUSDS (SUSDS) $ 1.05
  • uniswapUniswap (UNI) $ 4.87
  • pepePepe (PEPE) $ 0.000006
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 77,388.00
  • aptosAptos (APT) $ 4.35
  • gatechain-tokenGate (GT) $ 21.08
  • ondo-financeOndo (ONDO) $ 0.740666
  • nearNEAR Protocol (NEAR) $ 1.90
  • internet-computerInternet Computer (ICP) $ 4.66
  • crypto-com-chainCronos (CRO) $ 0.081693
  • tokenize-xchangeTokenize Xchange (TKX) $ 27.93
  • mantleMantle (MNT) $ 0.662520
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.16
  • ethereum-classicEthereum Classic (ETC) $ 14.18
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • aaveAave (AAVE) $ 128.27
  • cosmosCosmos Hub (ATOM) $ 4.27
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997362
  • vechainVeChain (VET) $ 0.020388
  • fasttokenFasttoken (FTN) $ 4.03
  • bittensorBittensor (TAO) $ 201.88
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 77,347.00
  • ethenaEthena (ENA) $ 0.287366
  • kaspaKaspa (KAS) $ 0.061153
  • render-tokenRender (RENDER) $ 2.95
  • official-trumpOfficial Trump (TRUMP) $ 7.62
  • filecoinFilecoin (FIL) $ 2.33
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.171642
  • celestiaCelestia (TIA) $ 2.31
  • algorandAlgorand (ALGO) $ 0.159805
  • sonic-3Sonic (prev. FTM) (S) $ 0.402816
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 77,244.00
  • arbitrumArbitrum (ARB) $ 0.275133
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 3.41
  • kucoin-sharesKuCoin (KCS) $ 9.54
  • story-2Story (IP) $ 4.27
  • makerMaker (MKR) $ 1,247.20
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.394774
  • optimismOptimism (OP) $ 0.613838
  • eosEOS (EOS) $ 0.669917
  • usdt0USDT0 (USDT0) $ 0.998539
  • xdce-crowd-saleXDC Network (XDC) $ 0.063761
  • jupiter-exchange-solanaJupiter (JUP) $ 0.347325
  • nexoNEXO (NEXO) $ 0.951549
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,482.06
  • binance-staked-solBinance Staked SOL (BNSOL) $ 110.80
  • dexeDeXe (DEXE) $ 15.58
  • quant-networkQuant (QNT) $ 60.60
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,539.51
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • blockstackStacks (STX) $ 0.554099
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999323
  • paypal-usdPayPal USD (PYUSD) $ 0.999833
  • worldcoin-wldWorldcoin (WLD) $ 0.636492
  • usual-usdUsual USD (USD0) $ 0.998173
  • bonkBonk (BONK) $ 0.000010
  • movementMovement (MOVE) $ 0.310445
  • tether-goldTether Gold (XAUT) $ 3,085.62
  • flare-networksFlare (FLR) $ 0.011491
  • rocket-pool-ethRocket Pool ETH (RETH) $ 1,669.02
  • theta-tokenTheta Network (THETA) $ 0.720521
  • immutable-xImmutable (IMX) $ 0.395596
  • injective-protocolInjective (INJ) $ 7.23
  • the-graphThe Graph (GRT) $ 0.073168
  • sei-networkSei (SEI) $ 0.142460
  • solv-protocol-solvbtc-bbnSolv Protocol xSolvBTC (XSOLVBTC) $ 76,866.00
  • pax-goldPAX Gold (PAXG) $ 3,093.77
  • wbnbWrapped BNB (WBNB) $ 560.76
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 77,251.00
  • curve-dao-tokenCurve DAO (CRV) $ 0.475498
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999545
  • tezosTezos (XTZ) $ 0.591435
  • lido-daoLido DAO (LDO) $ 0.670149
  • the-sandboxThe Sandbox (SAND) $ 0.241592
  • mantle-staked-etherMantle Staked Ether (METH) $ 1,571.25
  • galaGALA (GALA) $ 0.013075
  • zcashZcash (ZEC) $ 35.35
  • fartcoinFartcoin (FARTCOIN) $ 0.566684
  • bittorrentBitTorrent (BTT) $ 0.00000057
  • kaiaKaia (KAIA) $ 0.096524
  • iotaIOTA (IOTA) $ 0.149855
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.82
  • walrus-2Walrus (WAL) $ 0.419824
  • honey-3Honey (HONEY) $ 0.999489
  • bitcoin-svBitcoin SV (BSV) $ 26.45
  • flowFlow (FLOW) $ 0.328037
  • jito-governance-tokenJito (JTO) $ 1.61
  • jasmycoinJasmyCoin (JASMY) $ 0.010417
  • true-usdTrueUSD (TUSD) $ 0.996913
  • msolMarinade Staked SOL (MSOL) $ 135.62
  • coredaoorgCore (CORE) $ 0.486570
  • pendlePendle (PENDLE) $ 2.97
  • flokiFLOKI (FLOKI) $ 0.000050
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999879
  • beldexBeldex (BDX) $ 0.067800
  • kavaKava (KAVA) $ 0.427081
  • raydiumRaydium (RAY) $ 1.57
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999876
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,542.38
  • pumpbtcpumpBTC (PUMPBTC) $ 76,495.00
  • heliumHelium (HNT) $ 2.45
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 116.09
  • ethereum-name-serviceEthereum Name Service (ENS) $ 13.02
  • pyth-networkPyth Network (PYTH) $ 0.119046
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • grassGrass (GRASS) $ 1.53
  • saros-financeSaros (SAROS) $ 0.158644
  • neoNEO (NEO) $ 5.85
  • stargate-bridged-usdc-berachainStargate Bridged USDC (Berachain) (USDC.E) $ 0.999526
  • usdbUSDB (USDB) $ 0.997734
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • ousgOUSG (OUSG) $ 110.62
  • decentralandDecentraland (MANA) $ 0.215586
  • dydx-chaindYdX (DYDX) $ 0.522284
  • apenftAPENFT (NFT) $ 0.00000040
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 77,201.00
  • resolv-usrResolv USR (USR) $ 0.999443
  • clbtcclBTC (CLBTC) $ 77,441.00
  • spx6900SPX6900 (SPX) $ 0.415610
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.146288
  • berachain-beraBerachain (BERA) $ 3.46
  • telcoinTelcoin (TEL) $ 0.004041
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006529
  • elrond-erd-2MultiversX (EGLD) $ 13.00
  • axie-infinityAxie Infinity (AXS) $ 2.28
  • olympusOlympus (OHM) $ 22.25
  • thorchainTHORChain (RUNE) $ 1.03
  • starknetStarknet (STRK) $ 0.123943
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 1,573.63
  • chilizChiliz (CHZ) $ 0.037043
  • ubtcuBTC (UBTC) $ 77,106.00
  • ecasheCash (XEC) $ 0.000018
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.998712
  • tbtctBTC (TBTC) $ 77,230.00
  • conflux-tokenConflux (CFX) $ 0.068886
  • dogwifcoindogwifhat (WIF) $ 0.333312
  • compound-governance-tokenCompound (COMP) $ 37.22
  • plumePlume (PLUME) $ 0.166089
  • roninRonin (RON) $ 0.528850
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 1.00
  • wormholeWormhole (W) $ 0.071020
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,478.76
  • super-oethSuper OETH (SUPEROETHB) $ 1,477.93
  • fraxFrax (FRAX) $ 0.999479
  • solayerSolayer (LAYER) $ 1.52
  • arweaveArweave (AR) $ 4.87
  • cheems-tokenCheems Token (CHEEMS) $ 0.000002
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,479.41
  • apecoinApeCoin (APE) $ 0.394359
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.742051
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Magic Eden CEO Welcomes ‘Regulatory Clarity’ After SEC Threat to NFT Rival OpenSea

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Magic Eden CEO Welcomes 'Regulatory Clarity' After SEC Threat to NFT Rival OpenSea

When the NFT marketplace OpenSea signaled that it was braced for a regulatory crackdown last month, the disclosure delivered a jolt to Magic Eden CEO Jack Lu.

“It all happened very suddenly,” he said in an interview with Decrypt (video below), adding that the San Francisco-based firm has not received a so-called Wells notice from the U.S. Securities and Exchange Commission (SEC).

OpenSea said it received a letter from the SEC alleging that NFTs trading on its platform are securities. The NFT marketplace’s co-founder and CEO Devin Finzer, meanwhile, said that the firm is prepared to “stand up and fight.”

While the regulator has brought enforcement actions against NFT projects before, OpenSea’s revelation represented something new. It signaled that the SEC has begun scrutinizing entities that provide trading platforms for NFTs, and not just those that initially offer them.

Before Magic Eden emerged as the leading NFT marketplace by volume, OpenSea was the go-to venue for digital art and profile picture (PFP) collections. Projects like the Bored Ape Yacht Club and Art Blocks, which trade on Magic Eden too, catapulted OpenSea to the forefront of the buzzy market in 2021 and 2022.

Magic Eden isn’t currently in the SEC’s crosshairs, but Lu acknowledged that a lawsuit against OpenSea could have broad implications for a corner of crypto that’s been left relatively untouched by regulators compared to exchanges or cryptocurrency issuers.

“The lack of regulatory clarity basically comes with the territory,” Lu said. “To the extent that this incident is going to create more clarity in the space, I welcome that.”

From unique works of digital art to human-readable blockchain addresses, NFTs can represent ownership in a myriad of things. Some lawyers have argued that the SEC would face challenges in exerting authority over the NFT space because the regulator doesn’t have a pronounced role in policing markets for physical fine art or collectibles.

Regardless of what could happen to OpenSea, Lu said that Magic Eden’s business has been guided by a desire to do right by regulators. He said, “The general principle for us is we want to be good actors and really be compliant in the ecosystem.”

When the SEC filed high-profile lawsuits against Coinbase and Binance last year, the regulator provided a list of cryptocurrencies trading on the exchanges that it believes are securities. Shortly after, firms like eToro and Robinhood dropped support for them.

When asked whether Magic Eden is prepared to delist NFTs that the SEC might label as securities, Lu demurred, suggesting the firm would view any charges first.

“A lot of these things rest on nuances and the factual circumstances of the case,” Lu said, adding that “it may not be helpful to apply hypothetical things to the future.”

Edited by Andrew Hayward

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