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The Law of Equivalent Exchange comes from Fullmetal Alchemist, a manga (and anime) series written by Hiromu Arakawa. In the series, the world runs on alchemy, the ancient science of transforming matter, and the Law of Equivalent Exchange states that to create or gain something, something of equal value must be lost. We’ll explain more about how the law works, how alchemy works in FMA, the history of real alchemy, and how to use equivalent exchange in your own daily life.

Equivalent Exchange in Fullmetal Alchemist

The Law of Equivalent Exchange states, “Humankind cannot gain anything without giving something in return. To obtain, something of equal value must be lost.” Alchemists can only create or transform something if they have the proper materials. Creating a human is impossible since there’s nothing as valuable as a soul.

Section 1 of 4:

What is the law of equivalent exchange?

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  1. 1
    The law states that to gain something, you must give something of equal value. In the manga and anime series Fullmetal Alchemist, the world’s magic and science system, alchemy, works on one primary rule: the Law of Equivalent Exchange. The law states: “Humankind cannot gain anything without first giving something in return. To obtain, something of equal value must be lost.”[1] In the series, characters can manipulate matter and the world around them, but they can only transform it (known as transmutation)—they can’t create something from nothing.
    • In the series, this is taken literally. For example, in order to create a diamond, the alchemist would need to assemble the actual molecules and materials that a diamond is made of, like a recipe.
    • This creates the series’ central plot point. The main characters, Ed and Al Elric, attempt to resurrect their mother, but they don’t have all the materials needed to create a human through equivalent exchange (a.k.a. human transmutation), namely a soul.
  2. 2
    Equivalent exchange is based on traditional alchemy and thermodynamics. While equivalent exchange isn’t a real law of physics, it’s based on real-world ideas. Historically, alchemists were people who claimed to be able to change one substance into another, like lead into gold, and this is the series’ main inspiration. Equivalent exchange also takes inspiration from the laws of thermodynamics, which are physical laws that explain how nature works. For example:[2]
    • Conservation of Mass: When a reaction occurs, matter and energy may not be created or destroyed. In other words, what goes in will weigh the same or contain the same amount of energy as what comes out.[3]
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  3. 3
    Equivalent exchange is a fictional idea, but helpful in real life. Equivalent exchange is just an idea from a story (though many different stories have something similar).[4] That said, it can be a productive way to think about life and your own energies, motivations, and priorities. We’ll talk more about that in the Using Equivalent Exchange In Your Own Life section below.
    • For example, if you want to succeed at something, you might think about how much energy and focus you’re willing to give it.
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Section 2 of 4:

How does magic work in Fullmetal Alchemist?

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  1. 1
    Magic users are known as alchemists, and they manipulate matter. People who perform magic—or just science, as it’s known in FMA—are known as alchemists. They’re highly educated and specially trained to do it, since it’s a complicated and demanding process. Alchemists can transform matter into new shapes and forms, such as turning steel into a spear or manipulating explosive materials to create devastating weapons.[5]
  2. 2
    Transmutation requires the proper materials, plus a transmutation circle. In order to create something in the FMA universe, an alchemist first needs all the right materials (we’re talking on a molecular level, and even elemental). Think of it like a list of ingredients in a recipe. If you wanted to make a plant, for example, you’d need things like proteins, sugars, starches, cellulose, etc. Most of the alchemy in FMA, therefore, is simply changing the shape of things, rather than changing their actual matter.[6]
    • In order to perform alchemy, an alchemist needs to draw a transmutation circle, which is a collection of runes and glyphs that control the transmutation, like the step-by-step guide of a recipe.
    • The ingredients are placed into the transmutation circle, where they’re broken down by a flow of energy from the alchemist and transformed.
    • Some alchemists can transmute without a circle, like Ed. We learn this is because he’s attempted human transmutation.
  3. 3
    Human transmutation is forbidden. There are a few rules to alchemy in FMA. First, nobody can transmute gold, since it’d ruin the economy. Second, no alchemist can act against the government. And third, no alchemist may try to create a human being, a process known as human transmutation. Human transmutation is said to be impossible, but even attempting it is dangerous and can cost you dearly, just as Ed lost his arm and leg, and Al lost his entire body.[7]
    • As far as anyone knows, it’s impossible to create a human because you can’t replicate or create a human soul, and nobody knows what a human soul is made of.
    • The idea is that there’s nothing equivalent to a human soul, and so a soul cannot be recreated.
    • That said, the philosopher’s stone is a talisman rumored to make human transmutation possible. And, SPOILERS: It’s because the philosopher’s stone is created through human sacrifice.
  4. 4
    Truth, or God, oversees humans and their use of alchemy. When Ed attempts human transmutation, he comes face to face with a figure known as Truth, which is an entity akin to God. Anyone who attempts human transmutation meets truth, who sends them through their own personal Gate of Truth. On the other side of the Gate is the total sum of all knowledge and entrance to the divine domain, from which all alchemy originates, and the person who tries human transmutation gains rare knowledge that allows them to perform alchemy without a transmutation circle.[8]
    • While there’s no “equivalent exchange” tattoo visual, many fans of the series often use the carvings on the Gate of Truth to represent the concept, or get one of the show’s many transmutation circles as a tattoo.
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Section 3 of 4:

Using Equivalent Exchange In Your Own Life

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  1. According to the law of equivalent exchange, if you want to make something, you have to give something of equal value in return. That applies to life in general, too. You won’t achieve your dreams if you don’t work toward them. Success strategist Sharon Lee weighs in, saying that realizing “the full potential has everything to do with commitment, you literally have to find within yourself that mental strength, because you realize that there's going to be some steps along the way that are going to be difficult."[9]
    • For example, if you want to get that dream job, you have to put in the effort: educating yourself, training, applying, and presenting yourself. What you give is what you get!
    • Think about it like manifesting. In order to get something good, you have to offer your own energy.
    • Users on TikTok are using the law to explain the balance of life, like this TikTok from @kyleantman4 explaining that you can’t have a great night out without “paying for it” in recovery the next day. No pain, no gain! Check out what others are saying on TikTok.
  2. 2
    Use equivalent exchange to balance your relationships. Equivalent exchange is also about giving and receiving, and that can apply to your relationships. Generally, you should receive as much attention and affection as you give. That’s called reciprocity, and is a big part of building healthy relationships! If you’re doubting where you stand in a relationship, ask yourself if the relationship is an equivalent exchange: Are they doing as much as you? Does it matter as much to them?[10]
    • Of course, this is just a loose guideline. Everyone has a different amount of energy to give, and just because they’re not matching your energy doesn’t mean they don’t like you.
    • That said, think about the energy levels and consider recalibrating the energy you put into a relationship based on the standard they set.
  3. 3
    Think of big changes in your life as equivalent exchange. The law says that to create something, something of equal value must be lost. This is a useful lens to look at the progression of your life, and to help you stay positive about big, scary changes. If it feels like you’re on a downhill slope, remember that maybe you’re just sacrificing something to gain something in the future, and that every struggle is temporary. As teen life coach Eden Gold tells us, “Self-discipline is about sacrificing short-term comfort for long-term benefit.”[11]
    • When you look at it this way, you might find that your life is more balanced than you thought, or that good things are coming!
    • This can also help you appreciate how much work you’ve put in to get where you are today.
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Section 4 of 4:

Alchemy in History

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  1. The study began in Arabia and made its way to Europe in the 12th century, but almost every ancient civilization has had some version of it.[12] It found many followers thanks to Hermes Trismegistus, and it combined hard sciences with mystical practices, with many alchemists striving to transform “base metals” like lead into more valuable metals like gold. Over time, though, the practice became frowned upon, and alchemists were seen as con men.[13]
    • Another major pursuit of alchemy was the creation of the philosopher’s stone, or the elixir of life, which promised immortality.
    • Alchemy was also closely tied to astrology, and both fields sought to understand man’s place in the universe.
    • Ultimately, ancient and medieval alchemy laid the foundations for the modern science of chemistry.

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About This Article

Luke Smith, MFA
Co-authored by:
wikiHow Staff Writer
This article was co-authored by wikiHow staff writer, Luke Smith, MFA. Luke Smith is a wikiHow Staff Writer. He's worked for literary agents, publishing houses, and with many authors, and his writing has been featured in a number of literary magazines. Now, Luke writes for the content team at wikiHow and hopes to help readers expand both their skillsets and the bounds of their curiosity. Luke earned his MFA from the University of Montana.
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Updated: March 7, 2026
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Categories: Manga
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