# MAGIC

Markdown version of https://ethbeat.org/tokens/FQ5AhS/magic

## Summary

- Category: other
- Last 24h volume: $30.46 K
- Last 24h transfer count: 5
- Last 24h avg. transfer time: 2d 23h
- Last 24h avg. transfer value: $6.09 K
- Last 24h top path: Arbitrum One ↔ Ethereum ($29.50 K)
- Top protocol (based on 24h volume): [Arbitrum Canonical](https://ethbeat.org/interop/protocols/arbitrum) (volume $29.50 K, 3 transfers)
- Protocols used: Arbitrum Canonical, Hyperlane Warp Routes
- Deployments: 4

## Volume and flows

### Top routes by volume (last 24h)

- Arbitrum One → Ethereum: $24.02 K
- Ethereum → Arbitrum One: $5.48 K

The flows between all chains are an interactive graph on [the HTML page](https://ethbeat.org/tokens/FQ5AhS/magic#interop-volume).

## Top protocols

| # | Name | Category | Last 24h volume | Last 24h transfer count | Last 24h avg. transfer time | Last 24h avg. transfer value |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | [Arbitrum Canonical](https://ethbeat.org/interop/protocols/arbitrum) | canonical | $29.50 K | 3 | L1 -> L2: 8m 52s, L2 -> L1: 7d 9h | $9.83 K |
| 2 | [Hyperlane Warp Routes](https://ethbeat.org/interop/protocols/hyperlane-hwr) | multichain | $958.86 | 2 | 17s | $479.43 |

## Onchain deployments

| # | Chain | Address | Symbol | Minters | Last 24h volume | Last 24h transfer count | Last 24h avg. transfer time |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1 | Ethereum | [0xb0c7a3ba49c7a6eaba6cd4a96c55a1391070ac9a](https://etherscan.io/address/0xb0c7a3ba49c7a6eaba6cd4a96c55a1391070ac9a) | MAGIC | None known (likely the locked or natively issued side) | $29.50 K | 3 | 4d 22h |
| 2 | Arbitrum One | [0x539bde0d7dbd336b79148aa742883198bbf60342](https://arbiscan.io/address/0x539bde0d7dbd336b79148aa742883198bbf60342) | MAGIC | [Arbitrum Canonical](https://ethbeat.org/interop/protocols/arbitrum) | $6.44 K | 3 | 3m 8s |
| 3 | Base | [0xf1572d1da5c3cce14ee5a1c9327d17e9ff0e3f43](https://basescan.org/address/0xf1572d1da5c3cce14ee5a1c9327d17e9ff0e3f43) | MAGIC | [Hyperlane Warp Routes](https://ethbeat.org/interop/protocols/hyperlane-hwr) | $958.86 | 2 | 17s |
| 4 | Abstract | [0x263d8f36bb8d0d9526255e205868c26690b04b88](https://abscan.org/address/0x263d8f36bb8d0d9526255e205868c26690b04b88) | MAGIC | [Hyperlane Warp Routes](https://ethbeat.org/interop/protocols/hyperlane-hwr) | $0.00 | 0 | No data |

### Backing relations

Burn-and-mint groups, whose deployments move between chains by burning on one and minting on another:

- Group 1: MAGIC, 2 deployments, burned and minted via [Hyperlane Warp Routes](https://ethbeat.org/interop/protocols/hyperlane-hwr); last 24h volume $958.86, 2 transfers; deployments: Base (0xf157...3f43), Abstract (0x263d...4b88)

Backing, where a deployment is minted against the one backing it:

- Group 1 (MAGIC, 2 deployments) is backed by MAGIC on Arbitrum One (0x539b...0342) via [Hyperlane Warp Routes](https://ethbeat.org/interop/protocols/hyperlane-hwr)
- MAGIC on Arbitrum One (0x539b...0342) is backed by MAGIC on Ethereum (0xb0c7...ac9a) via [Arbitrum Canonical](https://ethbeat.org/interop/protocols/arbitrum)

## Transfers

The interactive transfers table is shown on [the HTML page](https://ethbeat.org/tokens/FQ5AhS/magic#interop-transfers).