Irys vs Spell Token — how do they compare? Irys trades at Rp305.59 (market cap Rp788,23M, Rp101,59M 24h volume), while Spell Token trades at Rp1.4 (market cap Rp271,55M, Rp14,71M 24h volume). The key difference: Irys is far larger — about 2.9× Spell Token's market cap, and Irys's circulating supply is 2,6B IRYS versus 195,2B SPELL for Spell Token. Which is the better fit depends on your goals — on Pluang, investors hold Irys for 2 Days and Spell Token for 44 Days on average.
| IRYS | SPELL | |
|---|---|---|
Market Cap | Rp788,23M | Rp271,55M |
Volume (24h) | Rp101,59M | Rp14,71M |
Circulating Supply | 2,6B IRYS | 195,2B SPELL |
Typical Hold Time | 2 Days | 44 Days |
What Pluang investors did over the last 30 days
IRYS is the native token of Irys, a Layer 1 programmable data chain that combines on-chain data storage and smart contract execution. Its IrysVM allows smart contracts to access and interact directly with stored data, supporting applications such as AI and DeFi. IRYS is used to pay for data storage and computation, secure the network through staking, and reward network participants.
Read more on IRYS →Spell Token is a reward token associated with abracadabra.money, a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD-pegged stablecoin called Magic Internet Money (MIM). SPELL token can be farmed by providing liquidity in one of the different pools. SPELL can also be staked, and staked tokens accrue a share of the platform fees (interest, borrowing fees, and 10% of the liquidation fee for certain markets), which auto-compound.
Read more on SPELL →