MAGMA has recently gained popularity, rising by 4.02% in a short period. The latest driving force comes from two leading exchanges simultaneously launching spot and perpetual contracts, significantly boosting community discussion.



The project team has also been busy—running a points program that performs well, with an APY stabilized at around 26%. The snapshot is scheduled for the 31st, which has raised many people's psychological price levels. Additionally, they have optimized the LP mechanism with AI to eliminate impermanent loss. Based on community feedback, about 80% of responses are positive.

From a technical perspective, short-term contracts have potential, with a breakout target above $0.20. Of course, the risk of a pullback always exists, so setting stop-losses remains important.
MAGMA13,03%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
GasOptimizervip
· 6h ago
26% APY sounds good, but the key is capital efficiency. Can the turnover rate match the actual return? Historical data speaks. Breaking 0.20 is possible, but I'm more concerned about how much arbitrage space remains in this wave of gains and whether on-chain real trading volume can keep up. On the night before the snapshot, is it more of a game of chance or solid fundamentals? Data analysis bias kicking in. The simultaneous launch of perpetual contracts—is it a real benefit or a way to trap retail investors? It depends on the distribution of opening positions. AI-optimized LP sounds very attractive, but can impermanent loss truly be eliminated, or just reduced? Details determine the optimal solution.
View OriginalReply0
CryptoSurvivorvip
· 6h ago
26% APY sounds good, but I really don't dare to chase this pump before the snapshot, the tricks are too deep.
View OriginalReply0
AirdropHunterWangvip
· 6h ago
26% APY sounds good, but could this surge before the snapshot just be a show before harvesting the gains?
View OriginalReply0
BearEatsAllvip
· 6h ago
Another exchange launching hype? Let's wait and see.
View OriginalReply0
MysteryBoxBustervip
· 6h ago
26% APY sounds good, but it depends on whether it will plummet after the snapshot. I've seen this trick too many times.
View OriginalReply0
AirdropF5Brovip
· 6h ago
Wait, 26% APY can't be a scam, right? Why do I feel like high-yield projects these days are prone to collapse?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)