Spreading processes at the axes of fast spreading ridges are mainly controlled by magmatic activity, whereas tectonic activity dominates further away from the axis. High-resolution near-bottom bathymetry data, photographs, videos, and human observations from submersible surveys are used to develop a detailed tectonic analysis of the 16°N segment of the East Pacific Rise (EPR). These data are used to evaluate how a highly magmatic segment, close to a hot spot, affects the nucleation and evolution of faulting patterns and impacts the evaluation of tectonic strain within 2 km of the spreading axis. Our study shows that (1) the growth of tectonic features differs in response to dike intrusion and tectonic extension, (2) the initiation of brittle extension is strongly controlled by the location of the axial magma lens and the development of layer 2A, and (3) the high magmatic budget and the off-axis magma lens in the west part of the plateau do not significantly impact the initiation of brittle extension along the central portion of the 16°N segment. Within the axial summit region, more than 2% of plate separation at 16°N on the EPR is accommodated by brittle extension, as is observed at other EPR segments. The interaction of the Mathematician hot spot with this EPR segment has no significant influence on the initiation of the tectonic deformation, but it does reduce the development of the brittle deformation.