Magic Eden
The largest NFT marketplace on Solana, now expanded to multi-chain support including Bitcoin Ordinals, Ethereum, and Polygon.
Magic Eden — Magic Eden is the largest NFT marketplace on Solana and has expanded to support Bitcoin Ordinals, Ethereum, Polygon, and other chains. It offers minting, trading, and collection management tools for NFT creators and collectors.
What Is Magic Eden?
Magic Eden launched in 2021 as a Solana-native NFT marketplace and quickly became the dominant platform for Solana NFT trading. It offers collection launchpad services, secondary market trading, and analytics tools. In 2023-2024, Magic Eden expanded to support Bitcoin Ordinals, Ethereum NFTs, and Polygon, becoming a truly multi-chain marketplace.
The platform processes millions of dollars in daily NFT trading volume and hosts thousands of collections across supported chains. Magic Eden's launchpad service helps new NFT projects mint and distribute collections with built-in royalty enforcement.
Magic Eden and Token Projects
While Magic Eden focuses on NFTs rather than fungible tokens, many crypto projects combine NFT collections with fungible token launches. An NFT collection minted on Magic Eden can serve as a community-building tool for a token project — NFT holders become early supporters who are incentivized to promote the associated token.
For token projects that include an NFT component, Magic Eden provides the infrastructure for minting, trading, and managing the collection alongside your fungible token strategy.
Related Terms
Frequently Asked Questions
Common questions about Magic Eden in cryptocurrency and DeFi.
Magic Eden primarily focuses on NFTs (non-fungible tokens). For fungible token trading on Solana, use DEXs like Jupiter, Raydium, or PumpSwap. However, Magic Eden does support some token-related features through its broader ecosystem.
Magic Eden supports Solana, Bitcoin (Ordinals and BRC-20), Ethereum, Polygon, and Base for NFT trading. Solana remains its largest market by volume, but Bitcoin Ordinals have grown significantly since 2023.
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