Magic Eden
Solana NFT marketplace with a 2% transaction fee and optional creator royalties.
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Magic Eden key facts
| Category | NFT marketplace |
|---|---|
| Chains | Solana |
| Platforms | Web, iOS, Android |
| Custody | Non-custodial |
| Fees | 2% per transaction; 0% listing |
| US availability | Available: US not on unsupported-regions list; app swaps closed in US Virgin Islands and American Samoa |
ME token
- Price
- $0.0442 -1.0% 24h
- Market cap
- $28.1M
- Fully diluted value
- $44.2M
- 30-day change
- -39.0%
Market data: CoinGecko, updated Nov 10, 2026. Educational content, not financial advice.
What is Magic Eden?
Magic Eden is an NFT marketplace whose help center lists Solana (SOL) as the supported network for NFT transactions. It charges 0% to list and 2% on transactions, and buyers can choose to honor creator royalties. On 30 June 2026 it published a guide to deprecating its EVM and Bitcoin marketplace surfaces and the Magic Eden Wallet.
How Magic Eden works
Magic Eden's help center now lists Solana (SOL) as the supported network for NFT transactions.
Besides listings and offers, you can run AMM pools: buy-side, sell-side or double-sided pools that move price along a curve after each fill, with an LP fee you set between 0% and 10%. Escrow lets you back up to 100 collection or item offers from one shared balance; an offer goes inactive when that balance cannot cover it.
Royalties are chosen by the buyer on collections that have not adopted the MIP-1 standard: full, half or none, with full as the default. Sellers receive the list price minus the platform fee, and buyers pay the list price plus the royalty share they picked. You set the preference from the settings icon on a collection page, and it stays in place for later trades until you change it.
How to start with Magic Eden
- Connect a Solana wallet such as Phantom and click Buy Now on an item page, then approve in your wallet.
- Some collections also accept card or ETH payment through Crossmint, which holds the NFT in a Crossmint web wallet until you transfer it out.
- The help center's marketplace changes guide links to a wallet migration article titled for completion before April 1st, for users of the Magic Eden Wallet.
Magic Eden fees and limits
- Magic Eden charges a 2% platform fee on every transaction on its Solana marketplace and 0% to list.
- If you run an AMM pool, you set your own LP fee between 0% and 10% per trade, and the help center warns that enforced royalties cut into a pool's margin.
The seller receives the list price minus that fee. Creator royalties come on top and are set by the creator: on collections without the MIP-1 standard the buyer chooses full, half or no royalty, full by default, and pays the list price plus the chosen share, while MIP-1 collections enforce royalties. The fees article does not list Solana network fees.
Risks to know before using Magic Eden
- The help center says MoonPay crypto selling inside the Magic Eden app is not supported in Louisiana, New York, Texas or the US Virgin Islands, and app swaps are unavailable in the US Virgin Islands and American Samoa.
- Its June 30, 2026 changes guide lists the EVM and Bitcoin marketplace surfaces as deprecated, so help articles that still describe Ethereum, Base, Polygon or Bitcoin Ordinals features may no longer apply.
Magic Eden usage
From DefiLlama (TVL), updated Nov 10, 2026.
Magic Eden alternatives
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Where Magic Eden ranks on DappAtlas
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Magic Eden pros and cons
- 0% listing fee
- 2% transaction fee
- Royalty amount shown on each item page
- EVM and Bitcoin marketplace surfaces deprecated in 2026
- Magic Eden Wallet deprecated; users must export keys to migrate
- Creator royalties are optional for buyers
Magic Eden FAQ
What is Magic Eden?
Magic Eden is an NFT marketplace whose help center lists Solana (SOL) as the supported network for NFT transactions. It charges 0% to list and 2% on transactions, and buyers can choose to honor creator royalties. On 30 June 2026 it published a guide to deprecating its EVM and Bitcoin marketplace surfaces and the Magic Eden Wallet.
How much value is locked in Magic Eden?
$129,700.4 according to DefiLlama on Nov 10, 2026. It is deployed on 5 chains: Bitcoin, Solana, Arbitrum, Base, Ethereum.
How much does Magic Eden cost?
2% per transaction; 0% listing, according to Magic Eden’s own page (checked Sep 26, 2026).
Does Magic Eden have a token?
Yes, ME. Its market cap was $28.1M on CoinGecko on Nov 10, 2026. Educational content, not financial advice.
Is Magic Eden available in the US?
Available: US not on unsupported-regions list; app swaps closed in US Virgin Islands and American Samoa, according to Magic Eden’s own page (checked Oct 1, 2026).
Does Magic Eden hold my funds?
No. Magic Eden is non-custodial: you keep your funds in your own wallet and sign each transaction.
Sources
- Magic Eden: official site
- Magic Eden: Fees to list or sell NFTs
- Magic Eden: Unsupported regions and restrictions
- Magic Eden: Supported currencies and blockchains
- Magic Eden: AMM pools for Solana NFT trading
- Magic Eden: Escrow on Solana
- Magic Eden: Optional royalties
- Magic Eden: How to purchase an NFT
- Magic Eden: Buy NFTs with Crossmint
- Magic Eden: Marketplace changes overview
- CoinGecko
- DefiLlama
How this page works
Sources: Magic Eden: official site, Magic Eden: Fees to list or sell NFTs, Magic Eden: Unsupported regions and restrictions. Data as of Oct 1, 2026.
Not affiliated with any project listed. Educational content, not financial advice.