megaeth12

what's megaeth?

MegaETH is an Ethereum Layer 2 blockchain designed to achieve real-time performance, delivering sub-millisecond latency and over 100,000 transactions per second by streaming transactions at lightning speed. It leverages Ethereum for state proofs and censorship resistance, while using EigenDA for transaction batching, enabling a seamless integration with the Ethereum ecosystem. The project introduces innovations such as a new database structure, parallel execution for the EVM, stateless validation ahead of Ethereum's roadmap, and effectively eliminating gas limits to enhance user experience in DeFi, gaming, and other applications. MegaETH fosters community engagement through its flagship soulbound NFT collection, The Fluffle, comprising 10,000 NFTs that represent meaningful ownership in the network. Upcoming ecosystem developments include the launch of the Valhalla perpetuals trading protocol, the Faster memecoin launchpad, and the METH memecoin, with planned airdrops for Fluffle holders and the broader MegaETH community, including ties to the Bad Bunnz initiative.

Snapshot

MegaETH launched application metrics.

1D ago
ONCHAIN METRICS

Application metrics went live on MegaETH.

1W ago
MARKET ACTIVITY

Added to Coinbase Roadmap, with trading launch contingent on market-making support and technical infrastructure.

VISIBILITY EVENT

shared an investor memo update on January 1st

VISIBILITY EVENT

Featured in Grayscale's report as a bet on infrastructure layers for the next generation of Web3 users and applications.

2W ago
PARTNERSHIP

Integrates with Relay Protocol to enable real-time cross-chain interactions from 80+ chains at open mainnet launch.

ONCHAIN METRICS

Achieved $1.2M in total trading volume on WhalesMarket.

PARTNERSHIP

Integrated with Mayan Finance bridge (powered by Wormhole) to enable cross-chain swaps into MegaETH for applications.

3W ago
PARTNERSHIP

Powers Rocket's prediction markets platform with "Redistribution Markets" mechanics

PARTNERSHIP

Integrated with EigenDA for data availability, now visible on EigenDA dashboard.

VISIBILITY EVENT

Co-Founder announced as speaker at ETHDenver 2026 conference.

ONCHAIN METRICS

Achieved over 1 million daily transactions during Frontier phase.

PARTNERSHIP

received a proposal from GMX to deploy on the network

1M ago
PARTNERSHIP

Integrated with Hyperlane on mainnet, enabling developers to bridge and issue tokens across 180+ chains.

$MEGA ICO records $1.4B in subscriptions at $1B FDV. (ID: 2000663130133913635)

Frontier Launch scheduled for Monday, December 15.

Mainnet opens to app builders next week.

Digit Rabbits NFT collection announces mint on the platform with a giveaway for 3 guaranteed spots.

$MEGA token pre-market trading is live on Hyperliquid exchange with extremely low volume.

Frontier developer testing phase launches imminently, with mainnet launch campaign scheduled for January.

Aave proposes MegaETH deployment supporting cUSD and stcUSD assets. Cap Money achieves $317M TVL and $35M deposits from Ether.fi and InfiniFi partnerships.

Token Generation Event is scheduled for 2026.

$20 million raise completed at $1 billion FDV.

Avon lending protocol launches on the platform with CLOB order book architecture, integrating Chainlink Native and Redstone Bolt for oracle services. MegaVault enables deposits of $USDm stablecoin to receive $USDmY yield token with automated ecosystem yield generation.

A native stablecoin initiative was announced, and the project carries a $1 billion FDV in its recent ICO.

Protocol supports 512KB maximum contract size compared to 24KB on Ethereum and most L2s.

Rarible NFT marketplace will be available at mainnet launch day one, and Frontier will launch on the platform soon.

TopStrike, a football trading application, launches on the platform for the 2026 World Cup (June 11 - July 19, 2026), enabling near real-time trading of in-game actions and participating in the incentive program.

megaeth is launching a public sale alongside projects Monad, Aztec, Zama, and Infinex, with the sale details discussed in a Bankless podcast episode.

TGE scheduled for March 2026 with mainnet launching January 2026. Incentive seasons run approximately two months each according to AAVE DAO proposal details.

Avon, a CLOB-based lending protocol, plans to launch on mainnet later this year.

AAVE goes live on mainnet day one with a liquidity provider incentive program, and part of the $MEGA token supply reserved for KPI-based unlocks depends on AAVE's performance on the chain.

Frontier will go live next week for builders.

Frontier opens next week for app builders. Sectorone brings DLMM (Dynamic Liquidity Market Maker) to the ecosystem.

A USDC to USDm conversion system will re-open before mainnet becomes accessible, allowing users to prepare their accounts with USDm for day one of mainnet.

Infinit Labs integrates MegaETH into its scaling distribution rails as part of expanding agentic DeFAI infrastructure across multiple ecosystems including Arbitrum, Base, HyperEVM, and Monad.

First Singleton feature deploys on MegaETH, implementing a Solana-style token program model that eliminates redundant ERC20 code deployments for each token and includes lightweight ERC20 proxy for backward compatibility.

AveForge announces their NFT collection coming to the platform.

megaeth uses Ethos credibility scores as one criterion for determining user allocations.

Native stablecoin $USDm announced for MegaETH, with Redstone and Ethena Labs as technical partners.

Public Sale rebates distribution begins with $45M distributed to participants, with 1-year token lockers receiving their 10% rebate.

Yield protocol Brix Money coming to the platform soon.

uMEGA now registered on Hyperliquid and $MEGA spot trading goes live on day 1 of mainnet, with mainnet launch expected later this month.

The tut family advises deadbitnation, meowkillmoew, and DingOnchain, launches Legend of Breadio NFT collection, and partners with digitrabbits community.

Native stablecoin MegaUSD launches on RedStone Bolt oracle through partnership with Ethena Labs, with Frontier private mainnet availability coming soon.

INFINIT Intelligence now covers megaeth, providing users with real-time alpha, chain-specific insights, and access to early opportunities.

Rarible prepares mainnet NFT drops featuring @meganacci, @Tuteth_, @deadbitnation, @404bunnies and additional projects.

Testnet currently achieves 15,000-20,000 TPS with 10-15ms block times, while targeting over 100k TPS with sub-10ms latency and full EVM compatibility.

The public sale achieved over 25x subscription rate.

The platform started sending refunds to users and users are advised to check their wallet balances.

Raised $50M in an oversubscribed token sale.

Ave Forge, a web3 game, is coming to the platform.

The token sale includes preferential terms for USA persons: 1-year vest with 20% additional tokens.

USDC↔USDM conversions will reopen ahead of the Frontier mainnet launch, following the pre-deposit bridge refund due to misaligned execution.

The mainnet, called "Frontier," is expected to launch on December 8.

Mainnet beta launch scheduled for early December.

The project will refund all pre-deposit funds to participants.

FudFoFi platform recruits users with whitelist spots to conduct coordinated FUD campaigns against MegaETH, offering rewards for negative posts and bonus incentives if token price drops within 24 hours.

INFINIT Intelligence integration goes live for the MegaETH ecosystem, providing conversational DeFi research capabilities through its AI-powered interface.

667 people are trading memecoins on the platform, representing early user activity metrics.

Token launches are now possible on the platform as evidenced by the deployment of $BNUY by a user.

Polymarket pre-TGE markets price $MEGA token FDV between $3B and $4B USD one day after launch.

Partner at Dragonfly Capital to discuss MEGA in public livestream on December 1, 2025 at 9AM EST.

The project completes the return of all funds from the pre-deposit bridge.

LOB Mint goes live for megaETH LOB testnet holders with a 10-day window after mainnet launch to mint, secondary market locked until the deadline passes.

The project used Ethos network scores to filter sybil accounts and reward reputable users during their ICO deposit campaign.

The smart contract for refunds is currently under audit ahead of the Frontier mainnet launch. (ID: 1994403713566257193)

Pre-deposit program received $500M (double the $250M cap), placing the project in top 5 public chain revenue rankings, but the team plans to restart early due to poor execution and concerns about unsustainable high expectations.

The pre-deposit campaign is cancelled with all $500mm being returned to participants after technical issues including a SaleUUID mismatch that blocked deposits and early multi-signature execution that allowed unscheduled cap increases. The USDC to USDm bridge will reopen at a later date to ensure a fairer launch.

USDm operates on Ethena's whitelabel infrastructure and is backed by USDTb/USDe rather than direct Treasury assets.

Team announces complete refund of all pre-deposit funds after technical failures, with the $1B cap increase cancelled and potential rewards for affected pre-depositors.

All Pre-Deposit Bridge funds receive refunds due to poor execution that failed to align with USDm conversion goals. The USDC <> USDM conversion bridge will re-open ahead of Frontier mainnet to deepen liquidity and ease user onboarding.

The team issues refunds to depositors from the $500M deposit campaign.

USDm deposit campaign on Nov 25 attracted 4,589 depositors who bridged $500M total, filling the cap in 156 seconds with a top wallet deposit of $40M.

Phase 2 mint for Netizens opens to holders of five specific NFT collections (Remilio Baby, kemonokaki, Hypurr, Bad Bunnz Steady Teddys, Megalio) with 1 mint per wallet and snapshot already completed.

Mainnet launch and airdrops referenced as upcoming events in connection with Megalio NFT distribution.

Pre-market 24h volume surges 790%, with the token trading at $0.32 (~$3.2B FDV).

Now ranked #1 chain by daily revenue, up from 5th position.

Partnership with Ethena announced for USDm stablecoin development; 2.5% of total token supply allocated as airdrop to early supporters and USDm depositors.

Infrastructure failures and premature multisig signature collection by the team allowed a random user to execute the pre-deposit transaction, completing the $250M to $500M fill in 156 seconds through human error rather than a security breach.

Media coverage reports the campaign backfired.

A TVL campaign is being discussed in crypto media coverage. (ID: 1993735950229205444)

The project published a full retrospective analysis of its pre-deposit turmoil.

The early execution of the cap increase resulted from a security mistake where Safe UI was used instead of localsafe, exposing the pre-signed multisig transaction publicly and allowing anyone to submit it before the team intended.

Frontier was unveiled as a new development from the project. (ID: 1993439715270295859)