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MAGMA rug check: grade C

Magma Finance on Solana, graded C from on-chain evidence on 22 October 2026: 1 warning sign.

C

1 warning sign found. Read the evidence before you do anything.

We found one warning sign worth knowing about. Read it first.

Market value$496.11M
Liquidity$495.84M
Last 5 min-
Last hour-
Buys vs sells, 5 min-
24h volume$50.7k

Loading live numbers.

Buys vs sells are counts of trades, not dollars: a few large sells can outweigh hundreds of small buys.

Why this grade

Liquidity is not lockedLiquidity is the pot of money that lets people swap the coin back for SOL. If it isn't locked, whoever filled the pot can take it away, and then nobody can sell.
Note: top wallets hold similar amountsSame-size bags often come from one group of early buyers or one buyer using many wallets. We can't prove they're linked, so this doesn't change the grade, but if they sell together that much supply hits the market at once.

Holders and token settings

Holders57
Top wallet0.0%
Top 10 wallets0.1%
Dev still holds0.0%
Matching bags0
Linked insiders0
LiquidityNot locked
Mint authoritySwitched off
Freeze authoritySwitched off

Checked 22 October 2026. Pools, lockers and market accounts excluded.

What happened since

When we first saw MAGMA its price was $0.49610. The latest price we recorded is $0.49610 (+0% since first seen), 0% below the highest price we recorded.

Creator wallet

D4sz8XkicS8nz1yXriGte2j8EhWunLCzFJDxxuEvxdAoSolscan

This is the only coin we've seen from its creator wallet. On-chain history, not a judgement of whoever controls the wallet.

Contract address

3HMQGC4LxGv5M28QWyBstmmHwFT8ygw73VaCdUYMcBuQ
This coin can still rug. Our checks see wallets, supply and liquidity. They cannot see a dev or early buyers selling slowly, unlinked wallets dumping together, or hype ending. Read why