Layer3 vs Spell Token — how do they compare? Layer3 trades at Rp72.93 (market cap Rp107,27M, Rp13,5M 24h volume), while Spell Token trades at Rp1.4 (market cap Rp272,8M, Rp15,89M 24h volume). The key difference: Spell Token is far larger — about 2.5× Layer3's market cap, and Layer3's supply is capped (1,5B / 3,3B L3 (45%)) while Spell Token's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Layer3 for 9 Days and Spell Token for 44 Days on average.
| L3 | SPELL | |
|---|---|---|
Market Cap | Rp107,27M | Rp272,8M |
Volume (24h) | Rp13,5M | Rp15,89M |
Circulating Supply | 1,5B / 3,3B L3 (45%) | 195,2B SPELL |
Typical Hold Time | 9 Days | 44 Days |
What Pluang investors did over the last 30 days
Layer3 is a multi-utility token with a total supply of 3,333,333,333 tokens, designed to support a staking ecosystem with layered rewards and burn mechanisms. Users can stake L3 to earn passive income and unlock additional governance tokens (e.g., OP, ARB) through active participation. Burning L3 tokens grants access to the Layer3 network, allows for quest posting, and facilitates the use of CUBE credentials—unique identifiers for omnichain achievements. Burned tokens also provide perks across partner ecosystems, such as early access, fee discounts, exclusive NFTs, and more.
Read more on L3 →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 →