This guide explains the official derivation paths and compatibility modes in the Magic Eden Wallet to help you manage and access your assets seamlessly.
What are derivation paths?
A derivation path is a structured sequence that guides your wallet to generate addresses and manage assets across different blockchains. When a seed phrase is imported, the derivation path ensures that each address is consistently derived, making it essential for accessing the same assets across multiple devices or wallets.
Compatibility modes in the Magic Eden App
The Magic Eden App offers a compatibility mode to support a variety of popular wallets, ensuring users can transition smoothly between different platforms. The following table provides the official derivation paths used within the app, allowing you to manage your BTC, EVM, and Solana assets accurately across wallet providers.
Official derivation paths and compatibility modes
Wallet | BTC Payment Path | EVM Path | Solana Path | Solana Algorithm |
Magic Eden | m/44'/0'/X'/0/0 | m/44'/60'/X'/0/0 | m/44'/501'/X'/0/0 | Bip32 |
Phantom | m/44'/0'/0'/0/X | m/44'/60'/0'/0/X | m/44'/501'/0'/0 | SLIP10 |
Xverse | m/44'/0'/0'/0/X (Not Merged) | m/44'/60'/0'/0/0 | m/44'/501'/0'/0 | Bip32 |
Exodus | m/44'/0'/X'/0/0 | m/44'/60'/X'/0/0 | m/44'/501'/X'/0/0 | Bip32 |
Solflare | m/44'/0'/X'/0/0 | m/44'/60'/X'/0/0 | m/44'/501'/X'/0/0 | SLIP10 |
MetaMask | m/44'/0'/0'/0/X | m/44'/60'/0'/0/X | m/44'/501'/X'/0/0 | Bip32 |
Trust Wallet | m/44'/0'/0'/0/X | m/44'/60'/0'/0/X | m/44'/501'/X'/0/0 | Bip32 |
MathWallet | m/44'/0'/0'/0/X | m/44'/60'/0'/0/X | m/44'/501'/X'/0/0 | Bip32 |
This table helps you identify the correct derivation path based on your wallet provider, ensuring compatibility across blockchains and maintaining access to your assets.
Important note for Magic Eden App users with previous SOL addresses
If your seed phrase was created in the Magic Eden Wallet and you use the Auto-Detect feature, the app may import a different Solana (SOL) address than previously used. To continue using your old SOL address, select Phantom as the "Previous Wallet" during the setup process. This will allow you to import and access the same SOL address used before the recent updates.
By understanding and correctly setting derivation paths and compatibility modes, you can ensure seamless access to your assets across BTC, EVM, and Solana within the Magic Eden Wallet.
If you have any questions, feel free to reach out to our support team by clicking on the chat widget.