Magma Finance
47 Helen St, Sefton, New South Wales, 2162, Australia
Overview
Magma Finance is creating an adaptive liquidity layer on the Sui network that aligns traders, governance participants, and liquidity providers through a capital-efficient DEX. Its protocol consolidates fragmented liquidity, automates the rebalancing process that typically burdens CLMMs, and offers a launch platform to help new Sui-based assets bootstrap liquidity. The team emphasizes security, having completed publicly available audits with Zellic and Three Sigma. Magma has been recognized as the #1 ranked DEX at Sui Demo Day and has won multiple hackathons, demonstrating strong ecosystem traction. Future milestones include expanding its market-making automation and sustaining liquidity incentives to drive broader DeFi adoption on Move. The company’s current financial position is bolstered by a $6 million strategic round supported by leading crypto investors and ecosystem partners, providing runway to further develop its product suite.
- Total raised
- $6M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Dec 2025
Industries
- Cryptocurrency
- Trading Platform
- Web3
Recent funding
Equity
Dec 2025
$6M
Team
No current team members are available.