Is Magic Eden (ME) halal or haram?
Not screened yet
We have not run our Shariah screening on Magic Eden yet, so we are not giving a ruling on this page. What is below is what we have gathered and checked ourselves, without any AI: where the coin lives, its supply, what its own blockchain says about who can freeze or create coins, and the project's own documents.
What it is
Magic Eden is the largest NFT marketplace and Runes platform.
The basics
- Where it lives
- token on solana
- Circulating supply
- 616,328,562 ME
- Maximum supply
- 1,000,000,000 ME
- Category
- NFT, Solana Ecosystem, NFT Marketplace
What it runs, and where its revenue goes
Per DefiLlama on 2026-09-23, Magic Eden runs one product line: Magic Eden (NFT Marketplace).
DefiLlama does not track revenue to token holders for Magic Eden.
Figures from DefiLlama. Whether any of this income is permissible is part of our screening.
Who controls the coins
Read from the Solana blockchain on 2026-09-23: no freeze authority is set on this token, so no key can freeze a holder's token account. No mint authority is set on this token, so no new supply can be created.
Whether anyone can freeze a holder's balance, or create new coins, is part of our screening. This much is read straight from the blockchain, so it is already established before any screening runs.
The project's own sources
Checked on 23 September 2026. Every address above was fetched once to confirm it loads.