What is the current price of Treasure?
The current price of Treasure is $0.09383 with a 0.73% change in the last 24 hours.
Supply and ATH/ATL data provided by CoinGecko
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Prices and notionals are USD-equivalent venue units, with USDC collateral. No currency conversion is applied. Notional = venue price × base-asset size. Contract specifications
Derivatives and mapped ecosystem data, with source timings and coverage.
MAGIC is the native token of Treasure, a project that began in 2021 as an Arbitrum-based gaming and NFT ecosystem and now describes itself as a builder of interactive IP, meaning AI-native digital and physical collectibles. Because MAGIC is an extremely common ticker across unrelated tokens, the only reliable way to identify this asset is by its contract. This page describes the MAGIC token whose canonical contract on Ethereum is 0xB0c7a3Ba49C7a6EaBa6cD4a96C55a1391070Ac9A and whose bridged Arbitrum One representation is 0x539bdE0d7Dbd336b79148AA742883198BBF60342. Anything else carrying the MAGIC ticker is a different asset.
Treasure's home ecosystem has changed more than once. It started on Arbitrum, moved its center of gravity to its own Layer 2 called Treasure Chain, and then, after that chain was wound down in 2025, returned to operating as an application and token ecosystem rather than a network operator. Establishing what it is today matters more than any of its earlier descriptions.
Official sources:
Treasure emerged in September 2021 out of a largely pseudonymous builder community that formed around the Loot NFT experiment, with John Patten the most publicly associated founder. The early project shipped Bridgeworld, a resource and staking game, the Smolverse NFT collections, and a MAGIC-denominated marketplace, and it positioned itself as a decentralized game console that would publish and fund games on Arbitrum.
In 2024 Treasure launched Treasure Chain, its own Layer 2, and made MAGIC the network's gas asset. That phase was short. In 2025 Treasure announced it was cutting its game publishing operation and shutting Treasure Chain down, citing the cost of running the chain against its remaining runway. The Treasure Chain public RPC endpoint no longer answers requests, which is consistent with the chain no longer being operated. The project kept its treasury, its token, and a smaller product surface.
Treasure today is a token plus a set of applications, not a blockchain. Three layers describe it.
The token layer MAGIC is a plain ERC-20 asset on Ethereum with a bridged representation on Arbitrum One. It is the unit of account across Treasure's applications and the asset the community governs around.
The application layer Treasure's site lists the products it is currently building around, including Summon, Smol Clyde, Spellguard, a 402 payment facilitator, and Halo Finance. The stated direction is collectible intellectual property that autonomous agents can hold, trade, and act on.
The bridging layer Movement between Ethereum and Arbitrum uses the standard Arbitrum token bridge rather than a bespoke Treasure bridge. That is verifiable on chain and is explained in the security section below.
MAGIC is used for:
One historical use no longer applies. MAGIC was the gas token of Treasure Chain, and that role ended with the chain. Descriptions that still present MAGIC as a Layer 2 gas asset are out of date.
Treasure's distinguishing trait is that it built a shared economic asset first and let applications attach to it, rather than launching a token for a single game. That gave it an unusually durable community through two strategy changes. Its second distinguishing trait is more sober: it is one of the few ecosystems that publicly shut down its own Layer 2 on cost grounds and kept operating afterwards, which is a useful public data point about what running a chain actually costs.
Compared with other gaming token ecosystems:
The practical difference is that MAGIC's value proposition today rests on application demand and community activity, not on network fees.
The security picture is best read from the contracts, and it is worth stating precisely, because MAGIC is not a simple fixed-supply ERC-20.
The Ethereum contract is an EIP-2535 diamond proxy, labeled MagicProxy on Etherscan. Read on September 11, 2026, it routes three facets. One facet serves only the standard ERC-20 functions: name, symbol, decimals, totalSupply, balanceOf, transfer, approve, allowance, transferFrom, and the allowance helpers. A second facet holds bridge and burner administration functions. The diamond itself serves ownership and diamondCut. Two consequences follow. First, no mint and no burn(uint256) entry point is currently routed, and no cap() function exists, so there is no maximum supply enforced by the contract. Second, because diamondCut is live and owner controlled, the owner can add or replace facets later. MAGIC's supply behavior is therefore a matter of who controls that owner address, not something the code fixes permanently. Read any fixed-supply claim about MAGIC as a governance statement rather than a contract guarantee.
The Arbitrum One deployment is not an independent token. Its l1Address() returns the Ethereum contract, and it is a beacon proxy of the standard Arbitrum bridged token implementation, which means its issuance on Arbitrum is controlled by the Arbitrum token bridge and its upgrade path belongs to Arbitrum rather than to Treasure. The large majority of the Ethereum-side balance sits in the Arbitrum L1 gateway, which is the normal signature of a lock-and-mint bridge. Per-chain totals should not be added together.
A small MAGIC balance sits at the 0x...dEaD address. Sending tokens there does not reduce totalSupply, so it should not be read as a supply reduction.
Treasure matters as a long-running case study in what happens to a gaming ecosystem token after its first cycle ends. It is one of the few projects of its generation that survived a full strategy reversal with its community and treasury intact, and its decision to shut its own Layer 2 rather than subsidize it is an unusually transparent public record of chain operating economics.
MAGIC trades on centralized exchanges and on decentralized venues on Arbitrum and Ethereum. Availability and pairs vary by jurisdiction and by exchange listing policy. On decentralized venues, confirm the contract address before trading, since the MAGIC ticker is widely reused.
MAGIC has commonly been available on:
Pairs are typically quoted against USDT or USD where supported.
MAGIC can be held:
Always confirm whether you are holding the Ethereum or the Arbitrum deployment before sending, and never bridge through an unofficial route.
You can compare MAGIC with related ecosystems on Coinrithm:
Track Treasure live price, chart, market cap, and volume in real time. Practice mock trading and demo trading for Treasure on CoinRithm before using real money.
Use a crypto paper trading account to demo trade Treasure with real-time prices, AI trade feedback, and trading leagues. Test strategies, learn risk management, and build confidence before trading Treasure with real money.
Read the complete paper trading guideThe current price of Treasure is $0.09383 with a 0.73% change in the last 24 hours.
The daily trading volume is $2,689,456 representing a 31.41% change in the past 24 hours.
The market capitalization of Treasure is $31,860,984, ranking #418 globally.
The fully diluted valuation (FDV) of Treasure is $32,625,646, calculated assuming the maximum supply of 347,714,007 MAGIC is in circulation.
Circulating: 339,564,484. Total: 347,687,043. Max: 347,714,007.
In the last 24 hours, Treasure traded between a low of $0.09301 and a high of $0.0978.
MAGIC/USDTTether USDT0.09383 USDT
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