Reserve Magnificent 7 DTF (MAG7) is an ERC-20 index token deployed on Base. It offers equal-weight exposure to seven of the largest publicly traded stocks, commonly known as the "Magnificent 7." The basket comprises Alphabet (GOOGL), Amazon (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA) in equal weights, and rebalances every two months. MAG7 bundles Coinbase Tokenized Stocks on Base, each of which is backed by actual shares held in regulated US brokerage accounts. Issuance and redemption are permissionless and atomic: holders mint or redeem MAG7 directly against the Folio contract at on-chain NAV, exchanging each share for its proportional basket of underlying tokens. No authorized participant, custodian, API key, or off-chain settlement is required. The DTF charges a 0.6% annualized TVL fee and a 0.3% minting fee. It is governed by RSR token holders, who vote-lock their tokens to propose and vote on changes to the basket.
Advertisement
Advertisement
MAG7
Rank #4070Reserve Magnificent 7 DTF
105.37
+1.37
+1.32%
Sep 21, 08:32 UTC
Reserve Magnificent 7 DTF (MAG7) Profile & Statistics
About
Info & Links
Contracts
- base:0xcef…7c781
Read More
MAG7 Statistics
24H Low/High
- Rank#4,070
- Market Cap$393,529
- Fully Diluted Valuation$390,764
- Circulating Supply3,735
- Max Supply-
- Total Supply3,714
- 24H Trading Vol$14,168
- Hashing Algorithm-
- Block Mining Time-
Performance Table
Change vs. USD
1D
+1.32%
7D
+8.62%
30D
N/A
6M
N/A
YTD
N/A
1Y
N/A
Circulating/Total
100.56%
Mkt Dominance
0.00%
MAG7 Social Stats
- Twitter Followers-
- Reddit Subscribers-
- Reddit Average Active Accounts-
- Reddit Average New Posts Per Hour-
- Reddit Average Comments Per Hour-
- Telegram Channel Users-