Trade MANA/USD
Decentraland / US Dollar
The native token of Decentraland, a browser-based virtual world where users own land parcels as NFTs and build interactive 3D experiences.
Specifications
About Decentraland (MANA/USD)
Decentraland is a browser-based virtual reality platform where users can purchase virtual land (LAND NFTs), build 3D scenes, host events, and trade digital goods. MANA is the ERC-20 token used to buy LAND, purchase wearables, and pay for services within the world. Decentraland is governed by a DAO where MANA and LAND holders vote on policy decisions. The platform attracted corporate interest during the 2021-2022 metaverse hype cycle, with brands hosting virtual events and purchasing land. MANA's price is closely tied to broader sentiment around metaverse and Web3 gaming narratives.
Key Price Drivers
- Metaverse narrative cycles driving rapid price swings with media and corporate interest
- Daily active user count tracked publicly and cited by both bulls and critics
- Virtual LAND and wearable sales requiring MANA and creating token demand
- DAO treasury governance decisions on spending and development priorities
Peak Trading Hours
Gaming and metaverse token CFDs trade around the clock on StoicFX MT5. Volume follows US and European hours but can spike at any time when game launches, NFT drops, or partnership announcements gain traction.
US and European business hours (13:00-21:00 UTC)
Social media hype cycles and in-game economy changes can trigger sharp moves outside of peak hours. Available on MT5 from Monday 00:00 to Friday 23:59 UTC.
How to Trade MANAUSD on StoicFX
Open an Account
Register for a live or demo account in minutes.
Fund Your Account
Deposit via bank transfer, card, crypto, or e-wallet.
Find MANAUSD in MT5
Open MetaTrader 5, search for MANAUSD in Market Watch, and add it to your chart.
Place Your Trade
Set your lot size, stop loss, and take profit, then execute your order.
FAQ
What is the difference between MANA and LAND?
MANA is an ERC-20 fungible token used as currency within Decentraland. LAND is a non-fungible token (NFT) that represents ownership of a specific virtual land parcel. MANA is burned when purchasing LAND from the protocol, permanently removing those tokens from circulation.
Is Decentraland the same as other metaverse platforms?
Decentraland is browser-based and built on Ethereum, distinguishing it from platforms like The Sandbox (which uses its own client) or centralised metaverse offerings from large tech companies. Decentraland's governance is decentralized through its DAO, and all land ownership is recorded on-chain as NFTs.
Why did Decentraland's user numbers attract criticism?
During the metaverse hype of 2021-2022, reports highlighted a gap between Decentraland's high token market cap and its relatively low daily active user count. Critics argued the valuation was disconnected from actual platform usage. This metric remains a key debate point for MANA investors and traders.
Does a MANA/USD CFD position let me buy virtual land?
No. MANA/USD on StoicFX is a CFD. You trade MANA's price movement without holding any tokens. To purchase LAND or interact with Decentraland, you would need to hold actual MANA tokens in a compatible Ethereum wallet.
Start Trading MANA/USD
Open a live account or practice risk-free on demo.
CFDs are complex instruments and carry a high risk of rapid capital loss due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.