Total TVL
$4.3M
Pools
1
Chains
1
Avg APY
15.79%
Age
0 days
Audited
Yes
Abracadabra Spell is a cdp protocol with $4.3M in total value locked across 1 pools on 1 chain. While Abracadabra Spell has been audited, it has experienced 3 security incidents resulting in $21.2M in losses. Pools on Abracadabra Spell offer an average APY of 15.79%, with yields varying by asset type and chain. Over the last 30 days, the protocol generated $338 in fees and $338 in revenue.
Abracadabra Spell's TVL of $4.3M is below the cdp category average of $27.5M. Its average yield of 15.79% exceeds the category average of 6.07%. There are 212 protocols tracked in the cdp category.
Oracle Provider
chainlink
Audited
Yes
Open Source
—
Hacks
3
Total Hacked
$21.2M
Fees (7d)
$0
Fees (30d)
$338
Revenue (7d)
$0
Revenue (30d)
$338
Total lost: $21.2M
| Pool | Chain | TVL | APY | Base | Reward | Type |
|---|---|---|---|---|---|---|
| SPELL-WETH | Ethereum | $109.1K | 15.79% | 0.00% | 15.79% |
Abracadabra Spell is a cdp protocol with $4.3M in total value locked. It operates 1 pools across 1 blockchain, including Ethereum.
Abracadabra Spell currently has $4.3M in total value locked across 1 pools on 1 chain.
Yes, Abracadabra Spell has been independently audited.
Yes, Abracadabra Spell has experienced 3 security incidents resulting in approximately $21.2M in losses. Review the hack history section above for full details.
The average APY across all Abracadabra Spell pools is 15.79%. Actual yields vary by pool, asset type, and market conditions.
Abracadabra Spell operates on 1 chain: Ethereum.
Collateralized Debt Position (CDP) protocols allow users to lock up collateral and mint stablecoins or synthetic assets against it. The collateral must exceed the value of the minted tokens by a safety margin. If collateral value drops below the required ratio, positions can be liquidated to maintain system solvency.