MAG7/USDC
Reserve Magnificent 7 DTF (MAG7) is an ERC-20 index token deployed on Base. It offers equal-weight exposure to seven of the largest publicly traded stocks, commonly known as the "Magnificent 7." The basket comprises Alphabet (GOOGL), Amazon (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA) in equal weights, and rebalances every two months. MAG7 bundles Coinbase Tokenized Stocks on Base, each of which is backed by actual shares held in regulated US brokerage accounts. Issuance and redemption are permissionless and atomic: holders mint or redeem MAG7 directly against the Folio contract at on-chain NAV, exchanging each share for its proportional basket of underlying tokens. No authorized participant, custodian, API key, or off-chain settlement is required. The DTF charges a 0.6% annualized TVL fee and a 0.3% minting fee. It is governed by RSR token holders, who vote-lock their tokens to propose and vote on changes to the basket.
Score | 47 |
|---|---|
24h Vol | $356.2K |
Liquidity | $431.1K |
Holders | 156 |
Audits | |
Age | 1 month |
FDV | $233.1K |
Market Cap | $234.3K |
| Addresses | |
|---|---|
| Pool | |
| MAG7 |  |
| USDC | |
MAG7 to USDC Converter
Score | 47 |
|---|---|
24h Vol | $356.2K |
Liquidity | $431.1K |
Holders | 156 |
Audits | |
Age | 1 month |
FDV | $233.1K |
Market Cap | $234.3K |
About Reserve Magnificent 7 DTF (Base) (MAG7)
Reserve Magnificent 7 DTF (MAG7) is an ERC-20 index token deployed on Base. It offers equal-weight exposure to seven of the largest publicly traded stocks, commonly known as the "Magnificent 7." The basket comprises Alphabet (GOOGL), Amazon (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA) in equal weights, and rebalances every two months. MAG7 bundles Coinbase Tokenized Stocks on Base, each of which is backed by actual shares held in regulated US brokerage accounts. Issuance and redemption are permissionless and atomic: holders mint or redeem MAG7 directly against the Folio contract at on-chain NAV, exchanging each share for its proportional basket of underlying tokens. No authorized participant, custodian, API key, or off-chain settlement is required. The DTF charges a 0.6% annualized TVL fee and a 0.3% minting fee. It is governed by RSR token holders, who vote-lock their tokens to propose and vote on changes to the basket.
MAG7/USDC Price Stats
The current price of MAG7 (MAG7/USDC) on Aerodrome Slipstream 3 is $108.18, the price is up 1.38% in the last 24 hours. Its 24-hour trading volume is reported to be at $356.2K with a total of 116 transactions. MAG7/USDC contract address is 0xe942b86f5c6d4a780fd673317ee7e565d25ab7f3, with a Fully Diluted Valuation (FDV) of $233.12K and a liquidity pool of $431.1K.
