Dike intrusions are often accompanied by localized deflation, interpreted as depressurizing magma chambers feeding the dike. In some cases the inferred volume decrease is a factor of 4 or 5 less than the volume increase of the dike. Here we explore whether this discrepancy can be explained by compressibility of the magma combined with the fact that cracks are much more compliant than equidimensional magma chambers. If pressure changes are small, the magma compressibility βm is constant, and the dike ends up in hydrostatic equilibrium with an ellipsoidal magma chamber at the same depth, the ratio rV of the volume of the crack to the volume lost by the chamber is rV = 1 + 4μβm/3 > 1, where μ is the host rock rigidity. For gas poor magmas, βm = 0.6–2 · 10−10 Pa−1 and μ = 3–25 GPa, we find 1.2 < rV < 7.7. Large changes in magma compressibility due to gas exsolution increase rV.