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MAGMA is a DeFi protocol built on the Sui blockchain, focused on improving liquidity efficiency and trade execution. Its core design uses an Adaptive Liquidity Market Maker (ALMM), which dynamically adjusts liquidity ranges instead of relying on static pools, aiming to reduce slippage and unnecessary fees as conditions change. The protocol incorporates a ve(3,3)-style tokenomics model, aligning governance, rewards, and long-term participation across liquidity providers, traders, and other contributors. It also leans into range-based liquidity management to improve capital efficiency …
— ORIGINAL POST ·
MAGMA on Bitget: A Brief Look at a HashKey-Backed DeFi Protocol on Sui
· r/altcoin
· Dec 17, 2025