Magic Eden Review
Clear fee, but coverage is narrowing
of 10
Magic Eden charges 0% to list and 2% on all transactions, gives buyers the option to honour creator royalties unless enforced in metadata, and is narrowing to Solana — its support for EVM chains and Bitcoin is ending.
No money changes hands. This is a non-commercial project: no advertising, no sponsored placements, and no affiliate or referral links. Links to the services below earn us nothing. Every overall score is the plain average of the criteria shown on the page, so you can check the arithmetic yourself — see our rating methodology and how the site is funded.
Listing fee
0%
Transaction fee
2%
Royalties
Buyer option unless enforced in metadata
Chains
Narrowing to Solana; EVM and Bitcoin support ending
Licence / audits
Not stated
Scores
Each criterion carries equal weight. The overall score is the average of these 5 scores — (8.0 + 7.0 + 2.0 + 3.0 + 2.0) ÷ 5 = 4.4.
Pros
- Listing fees at 0%, with a flat 2% on all transactions
- Royalties paid immediately after a sale when honoured or enforced in metadata
- A simple, single-figure transaction fee
Cons
- Buyers can opt out of royalties unless they are enforced in the metadata
- Coverage is narrowing: marketplace support for EVM chains and Bitcoin is ending
- No contract licence or named audit is published on the pages read
A clean fee, and an honest narrowing
Magic Eden charges nothing to list and a flat 2% on all transactions. What the review flags prominently is a change of scope: the marketplace's support for EVM chains and Bitcoin is ending, leaving it focused on Solana. A marketplace contracting its coverage is a material fact for anyone deciding where to list, and it is scored as such rather than glossed over.
Royalties, at the buyer's option
Magic Eden gives buyers the option to honour royalties set by creators, paid immediately after a sale, as long as the trader chose to honour it or it is enforced in the metadata. That is a weaker position for creators than full enforcement, stated plainly.
What is not published
No contract licence and no named audit appear on the pages we read, which holds those scores low.
The company behind it
Magic Eden's services are offered by Euclid Labs Inc., named in its terms of service, and the marketplace launched in 2021. Its $ME token is governed through a non-profit ME Foundation, though the token is not claimable in some jurisdictions, including the United States — a restriction worth knowing before engaging with it. A named operating company, with token governance handed to a separate foundation, is the structure behind this multichain marketplace.
How it compares
OKX NFT
Zero listing fees, few published numbers
Element
Royalty support stated, little else published
Blur
Zero marketplace fees, thin public documentation
LooksRare
MIT-licensed, candid about zero royalties
Zora
MIT-licensed, itemised trading fee
SuperRare
Fees and splits published in full
Rarible
MIT-licensed and ChainSecurity audited
Tensor
Full royalty enforcement, clearly stated
OpenSea
MIT-licensed and Trail of Bits audited
Sources
Scored from published primary sources rather than hands-on use. Every figure above comes from one of the pages below, on the date shown. Manufacturers change prices and specifications without notice — if something here no longer matches the source, tell us and we will correct it.
- 1.Magic Eden — listing and selling fees — checked
- 2.Magic Eden — marketplace updates and service changes — checked
- 3.Magic Eden — terms of service — checked
Frequently asked questions
What does Magic Eden charge?
0% to list and a flat 2% on all transactions.
Which chains does Magic Eden support?
It is narrowing to Solana; its documentation states marketplace support for EVM chains and Bitcoin is ending.
Nothing here is financial advice. Editorial policy · How we score · How we're funded.