Reserve Magnificent 7 DTF
MAG7 Rank #3981Price chart
What is Reserve Magnificent 7 DTF?
Overview
Reserve Magnificent 7 DTF (MAG7) tracks an equal-weight basket of Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla. The token bundles Coinbase Tokenized Stocks, each backed by actual shares held in regulated US brokerage accounts. Users gain direct exposure to these major technology companies through on-chain infrastructure without custodian intermediation.
How it works
MAG7 operates as an index token on Base with permissionless minting and redemption. Holders exchange tokens directly against the Folio contract at on-chain net asset value, receiving proportional exposure to the underlying basket. No authorized participants, API keys, or off-chain settlement processes are required for issuance or redemption.
Token and supply
MAG7 charges a 0.6% annualized fee on total value locked and a 0.3% fee on minting. Total supply is approximately 3,600 tokens with no maximum supply cap listed. RSR token holders govern the protocol through vote-locking, enabling proposals and votes on basket composition changes.
Where to trade MAG7
1 exchanges · top 10
Live spot quotes from connected exchanges
MAG7 funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.