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SPELL to USDT Converter
1 SPELL = 0.000078431 USDT · updated 06:19 UTC
Volume Bubbles Chart (1h)
Each 1-hour candle's volume is signed by its direction (up candles count as net buying, down candles as net selling) and drawn as a bubble at the closing price, green for buying and red for selling. Bubble size and colour intensity show how strong that flow is compared with the last 300 candles: the strongest 30% get full bubbles with their USD value, the rest stay as small dots. Unusually large bubbles flag aggressive buying or selling worth a closer look, often near breakouts, reversals or key levels.Seasonal Chart
Plots one line per calendar year showing the % change since the start of that year, with the current year highlighted against up to four previous years. Lining the years up on the same calendar shows whether the price tends to rise or fall in the same months, helping you spot recurring seasonal patterns. Treat it as context rather than a forecast: past seasonality does not guarantee future moves.Spell Markets
Spell Historical Data
About Spell (SPELL)
Spell Token (SPELL) is the incentive token associated with Abracadabra.money, a decentralized lending protocol that has used interest-bearing collateral to support borrowing of its MIM stablecoin. SPELL is distinct from MIM: SPELL is used for incentives and staking-related functions, while MIM is designed to track the US dollar. The protocol's token documentation also describes sSPELL, a receipt-like staking token tied to fee-pool participation. The SPELL chart on FMchart aggregates available US-dollar market observations, so its readings may not match one venue's quote.
Abracadabra lending markets
Abracadabra has offered markets where users deposit supported collateral and borrow MIM against it. Each market has its own collateral rules, liquidation threshold and risk settings. Borrowing against volatile assets can lead to liquidation if collateral value falls or the market becomes illiquid. Users should consult the current market interface because collateral types, supported networks and parameters may change over time. A stablecoin design also does not guarantee that its market price will always remain exactly one dollar.
SPELL and sSPELL
Abracadabra's token documentation identifies SPELL as the protocol's incentive token and sSPELL as the token received by staking SPELL. The docs describe sSPELL as a way to participate in a fee pool and governance-related processes. Staking mechanics, eligible fees and contract deployments must be checked carefully, especially across networks. A token bearing the same name on another chain may be a bridged representation rather than the original deployment, and contract risks can differ between networks.
Supply and emissions
Abracadabra's documentation records a supply reduction from 420 billion SPELL to 210 billion through a burn event that made half the supply inaccessible in the token contract. The same documentation describes emissions used for liquidity incentives and notes that weekly allocations can be updated. These figures are useful historical context, not a promise that emissions remain at the same rate. Current circulating supply, active incentive programs and contract balances should be checked using dated sources.
MIM and collateral risks
MIM is intended to be a dollar-pegged stablecoin, but market prices can deviate from a target during stress. Collateral value, liquidation efficiency, liquidity and the solvency of individual markets all affect borrowing outcomes. Stablecoin users also face redemption and venue risks, while borrowers must understand interest and liquidation rules. The fact that a lending protocol uses collateral does not eliminate risk, especially when collateral and debt markets can both move quickly.
What to verify before using the protocol
Abracadabra has deployed contracts on multiple networks, and the official documentation warns that some older SPELL and sSPELL deployments outside Arbitrum were affected by the Multichain incident. This makes network and contract verification essential. Do not rely on a generic token ticker to identify a safe contract. Review current documentation, audit reports, market parameters and any incident notices before connecting a wallet or staking tokens. Protocol interfaces and incentives can change, so older guides may no longer describe active conditions.
Last reviewed: Oct 10, 2026
Spell (SPELL) FAQ
What is Spell Token (SPELL)?
SPELL is the incentive token associated with Abracadabra.money, a decentralized lending protocol. The protocol's documentation distinguishes SPELL from MIM, its dollar-pegged stablecoin, and sSPELL, which users receive through staking. SPELL's utilities and emissions should be checked against current official documentation because programs can change.
What is Abracadabra.money?
Abracadabra is a decentralized lending protocol that has offered markets using supported collateral to borrow MIM. Each market has its own collateral and liquidation parameters. Users should check the current app for active collateral types, network deployments, fees and borrowing limits rather than relying on an old market description.
What is sSPELL?
sSPELL is the staking token associated with staking SPELL. Abracadabra's documentation describes it as a way to participate in a fee pool and governance-related processes. The exact fee eligibility and supported contracts depend on deployment and current protocol rules, so users should verify the official documentation before staking.
What is SPELL total supply?
Abracadabra's official documentation records a reduction in SPELL supply from 420 billion to 210 billion. The burn made the removed amount inaccessible in the token contract. This is a documented supply change, but circulating supply and emissions may differ from the headline total. Check current on-chain data and official updates.
How does MIM relate to SPELL?
MIM is designed as a dollar-pegged stablecoin used in Abracadabra lending markets, while SPELL is the protocol's incentive token. Their roles are different, and MIM's target price is not guaranteed under every market condition. Collateral, liquidity and protocol risks can affect MIM independently of SPELL's token supply.
Does staking SPELL guarantee fee income?
No fixed income is guaranteed. Abracadabra's documentation describes sSPELL participation in a fee pool, but actual distributions depend on protocol activity, eligible fees, contract behavior and current rules. Users should also consider lock or withdrawal conditions, network risks and whether the specific staking contract is official and active.
Are all SPELL deployments equally safe?
No. Abracadabra's documentation warns that some older SPELL and sSPELL contracts outside Arbitrum were affected by the Multichain incident. Verify the exact chain and official contract before interacting, and do not assume that a bridged token has the same operational status as the native deployment.
What is the all-time high for SPELL?
FMchart's composite ATH is shown as $0.0351 on Nov 2, 2021. This is the highest price captured in the composite's available history, not a prediction. Different exchanges can show different highs due to liquidity, quote currency, trading pairs and historical coverage. The date helps distinguish a historical peak from a current quote.
How has SPELL performed over time?
To review SPELL's historical performance, use the chart on this page and select the period you want to compare. The available history may start later than the token's launch or differ from one exchange. Historical returns describe past price movements and cannot predict future results.
Where can I check official SPELL contracts?
Use Abracadabra's official token documentation to confirm SPELL and sSPELL addresses for each network, and read any incident notices before connecting a wallet. Be wary of copied interfaces and tokens using similar tickers. FMchart's chart and Price Statistics panel show market context when data is available, but do not verify contract safety.