Magic Eden

Magic Eden is one of the world's largest NFT marketplaces by transaction volume, widely recognized as the leading venue for Solana NFT trading and the top destination for cross-chain NFT + token aggregation. Founded in September 2021 by Sidney Zhang, Jack Lu, Zhuoxun Yin, and Zhuojie Zhou, Magic Eden saw more than $50,000 of trading volume on its first day and quickly displaced earlier Solana marketplaces to dominate that ecosystem.

What began as a Solana-only venue has expanded into a true cross-chain marketplace — supporting Solana, Ethereum, Bitcoin (Ordinals & Runes), Base, Polygon, BNB Chain, Avalanche, Sei, and Abstract today, with plans to reach 10+ networks. Magic Eden is uniquely positioned among top marketplaces because it supports Bitcoin Ordinals and Runes natively — an asset class no other top-3 platform offers.

The platform is mobile- and gaming-first. It offers native iOS and Android apps for collectors who want to monitor, buy, sell, mint, and pack-pull on the go — an experience that complements the desktop platform's advanced trading views, floor sweeps, and bulk-listing tools.

Magic Eden supports every major Solana token standard — Metaplex Core, Token 22, compressed NFTs (cNFTs), inscriptions, and SPL20 — alongside its primary PFP and art inventory. Beyond NFTs, Magic Eden is rolling out Solana token trading, Bitcoin Runes trading, and cross-chain swaps in the same app.

Across most supported chains Magic Eden charges no listing fees and a flat 2% transaction fee on Solana and Bitcoin, with a lower 0.5% fee on EVM chains. Creator royalties are buyer-optional — collectors may choose to honor the creator's preferred royalty above zero.

Today Magic Eden operates the secondary marketplace itself, a primary-market launchpad, the "Magic Eden Packs" sealed-envelope NFT pack product, the Creator Hub for launch tooling, and an ongoing incentive program tied to the ME token — together making it the broadest single collector destination across the major chains.

Magic Eden keeps fees simple — and lower than OpenSea. There are no listing fees on any chain.

Creator royalties are buyer-optional — Magic Eden lets the buyer decide whether to honor the creator's preferred royalty above zero. On Solana, royalties are honored by default with an opt-out path, mirroring the experience most PFP creators expect. Gas is paid by whoever triggers each on-chain action.

Solana and Bitcoin leadership

Magic Eden is the largest marketplace by transaction volume on Solana, holding an estimated 40–50% market share of the chain's NFT secondary trading. It is also the only top-3 platform that supports Bitcoin Ordinals and Runes natively — letting collectors sweep pixel-Punks, pixel-Apes, Runes, and BRC-20 collectibles all in one place.

Multi-chain across 9+ networks

Buy, sell, and discover NFTs across Solana, Ethereum, Bitcoin, Base, Polygon, BNB Chain, Avalanche, Sei, and Abstract from a single wallet. Planned expansion past 10 chains throughout 2026 will add Solana token trading, Runes trading, and cross-chain swaps in one unified trading UI.

Launchpad — primary mint platform

The Magic Eden Launchpad is a primary-marketplace for verified new collections to mint directly to the community. Creators set allowlists, supply, mint price, and royalty. Magic Eden's launchpad has minted some of Solana's biggest collections including Claynosaurz, DeGods, Mad Lads, and y00ts.

Sealed NFT packs

"Magic Eden Packs" is a sealed-envelope NFT pack product — collectors purchase a serialized, on-chain pack containing random NFTs from a collection, with displayed odds shown upfront and rare-grail pulls possible. Packs can later be minted/revealed on-chain, and unopened packs are tradable on the platform.

Mobile apps + desktop trading

Native iOS and Android apps for buying, minting, monitoring floor prices, and pack pulls on the go. The desktop platform adds advanced trading views — bulk sweeps, batch listings, trait filtering, Escrow, and collection bidding — for serious traders and pro flippers.

Full Solana token standard support

Supports every major Solana NFT standard: Metaplex Core, Token 22, compressed NFTs (cNFTs), inscriptions, and SPL20 — so collectors can hold and trade every supported format from one place.

Solana token trading + cross-chain swaps

Beyond NFTs, Magic Eden is rolling out Solana token trading, Bitcoin Runes trading, and cross-chain swaps in the same app — letting users trade both NFTs and fungible tokens in one place without leaving Magic Eden.

ME token and incentive program

The ME governance and rewards token is distributed to active collectors and traders pro-rata to their trade volume. Token holders influence marketplace direction, future launches, and launchpad allocations.