MagicEden Is Closing Its EVM & Bitcoin NFT Marketplace. Here's Where to Go Next
The NFT landscape shifted this week. MagicEden has announced it is shutting down its NFT marketplace for all EVM chains and Bitcoin leaving creators, collectors, and traders across Ethereum, Base, Polygon, and beyond searching for a new home.
If you're one of the thousands of users affected, you don't need to pause your NFT activity. Rarible has been a leading multichain NFT marketplace since 2020, and it's ready to seamlessly pick up where MagicEden leaves off.
What Is Happening with MagicEden?
MagicEden confirmed it is winding down NFT marketplace operations across all EVM-compatible chains and Bitcoin. This affects users who were listing, buying, and trading NFTs across chains like Ethereum, Base, Polygon, and more on the platform.
This is a significant market exit, but it also signals a clear opportunity: the NFT ecosystem is consolidating around platforms that have proven staying power, deep liquidity, and real multichain infrastructure.
Why Rarible Is the Right Move
Rarible has spent five years building the infrastructure, liquidity, and creator tools that a true multichain NFT marketplace requires. Here's why it's the natural destination for users coming from MagicEden:
• Full Multichain Support: Rarible supports all the major EVM chains in one unified interface, so you don't need to juggle different apps for different networks.
• Creator-First Philosophy: Rarible was built with creators in mind, offering customizable royalties, launchpad tools, and direct collector relationships.
• $RARI Rewards: Active users earn $RARI tokens simply by trading on the platform, adding real value to every transaction.
• Deep Liquidity & Aggregation: Rarible aggregates listings from across the NFT ecosystem, ensuring you always see the best prices and widest selection.
• Proven Track Record: Unlike newer entrants, Rarible has navigated multiple market cycles and remained a dependable platform for both individual creators and major brands.
Explore NFTs on Your Chain of Choice
Whatever chain you were using on MagicEden, Rarible has you covered. Jump right in:
• Ethereum NFTs on Rarible: The original home of NFTs. Explore and trade the deepest catalogue of Ethereum collections.
• Base NFTs on Rarible: Coinbase's fast, low-cost L2 with a rapidly growing NFT scene.
• Polygon NFTs on Rarible: High throughput and ultra-low fees make Polygon a favourite for high-volume collectors.
• RARI Chain NFTs on Rarible: Rarible's own dedicated NFT chain built for creators with built-in royalty enforcement.
• MegaETH NFTs on Rarible: The high-performance EVM chain for next-generation NFT experiences.
How to Get Started
Migrating your NFT activity to Rarible takes minutes:
• Visit rarible.com and connect your existing wallet (MetaMask, Coinbase Wallet, and all major wallets are supported).
• Browse collections across all supported chains from a single unified interface.
• List your NFTs for sale it takes under a minute and you set your own royalties.
• Start earning $RARI rewards automatically with every trade.
The Bottom Line
MagicEden's exit from EVM and Bitcoin NFT marketplaces is a disruption, but it doesn't have to slow you down. Rarible offers a proven, feature-rich, multichain marketplace with the depth and reliability that serious NFT participants need.
The NFT market continues to evolve and Rarible is built to evolve with it. Whether you're a creator launching your next drop or a collector hunting for your next purchase, we're here.
Ready to make the switch? Explore Rarible today →