Magnetic X
Magnetic X
XRPL · Mainnet
Live on XRPL
Allocation Live · Phase 01

Magnetic X Allocation
is now live on XRPL.

The Magnetic X claim portal is officially open. Eligible XRPL wallets can now redeem their share of Proof of Trade mining rewards, Farming Pool yield, and NFT holding & trading volume boosts — all settled natively on the XRP Ledger.

Portal open · Phase 01 activeXRPL Mainnet · gas-light settlement
Magnetic X · Market Cap
LIVE
$4,824,248
Updated every 1.8s · XRPL on-ledger feed
Price (MGX)
$0.002142
FDV
$6,850,432
24h Volume
$1,013,092
Liquidity
$385,940
Holders
8,908
Reward Pool
$289,455
Step 01

Claim Allocation Portal

Magnetic X Allocation
Phase 01 · XRPL Mainnet
M
Proof of Trade (PoT) Mining Rewards
Claimable · MGX
****
M
Farming Pool Rewards
Claimable · MGX
****
M
NFT Holding & Trading Volume Boosts
Claimable · MGX
****

Allocations are calculated on a per-wallet basis using a snapshot of XRPL on-ledger activity — Proof of Trade volume, Farming Pool LP positions, and NFT holding + trading metrics. Eligible amounts are released into a vesting schedule and become claimable directly from the connected XRPL wallet. Claiming is gas-light, non-custodial, and finalised on the XRP Ledger within seconds.

Portal Telemetry
Total Claimed
1,306,703 MGX
Unique Claimers
3,482
Phase
01 / 04
Network
XRPL Mainnet
Allocation Progress26.13%
Step 02

Live Activity Portal

Synced · t+3
Just ClaimedAmount · Bucket · Time
  • MGX
    rUD22VUQ…SQC
    Proof of Trade
    1,251 MGX
    1s ago
  • MGX
    rK2N8SKP…GKP
    NFT Boost
    20,945 MGX
    3s ago
  • MGX
    rZ9YQEQR…RUF
    Farming Pool
    18,268 MGX
    6s ago
  • MGX
    rAX22YE5…EMU
    NFT Boost
    10,269 MGX
    15s ago
  • MGX
    rFRC5AGM…NU4
    Farming Pool
    18,241 MGX
    24s ago
  • MGX
    r6H9TT6L…V2V
    Farming Pool
    16,839 MGX
    33s ago
  • MGX
    rHHHJE15…PRB
    Farming Pool
    23,212 MGX
    42s ago
  • MGX
    rRY8P2MG…WA4
    Farming Pool
    9,602 MGX
    51s ago
Market Cap
$4,824,248
MGX Price
$0.002142
24h Vol
$1,013,092
Liquidity
$385,940
Reward Pool
$289,455
Network Status
  • XRPL Ledger#86,914,221
  • Avg Settle3.4s
  • Claim Latency1.1s
  • Validators36 / 36
Step 03

Reward Allocation Flow

From on-ledger XRPL activity to a verified MGX payout in your wallet — every step is deterministic, transparent and verifiable on-chain.

01
XRPL Wallet Activity
Trades, LP, NFTs
02
Snapshot Engine
On-ledger proof
03
Allocation Oracle
Weighted scoring
04
Reward Vault
MGX issuance
05
Claim Portal
Non-custodial
06
Wallet Receives
Settled in seconds
1XRPL Wallet Activity2Snapshot Engine3Allocation Oracle4Reward Vault5Claim Portal6Wallet Receives
Step 04

Magnetic X Reward Ecosystem

A self-reinforcing spiral — each layer of the Magnetic X protocol feeds the next, compounding rewards back into the holder base.

Magnetic X
  • 01Proof of Trade
  • 02Farming Pools
  • 03NFT Boosts
  • 04Liquidity Mining
  • 05Magnetic Vaults
  • 06X-Bridge
  • 07DAO Treasury
  • 08Validator Rewards
  • 09MGX Burn
  • 10Holder Rebates