MegaETH 

MEGA Price

What is MegaETH crypto?

MegaETH is an EVM-compatible Ethereum Layer-2 network developed by Mega Labs, branded "real-time Ethereum". The network targets Web2-grade latency with sub-10-millisecond block times and hosts latency-sensitive applications such as trading, gaming, and payments. MegaETH mainnet launched on February 9, 2026. The network also issues USDm, a native stablecoin minted against USDC pre-deposits on the chain.

How fast is the MegaETH network?

MegaETH's stated design target exceeds 100,000 TPS with sub-10-millisecond block times. The public testnet, live since March 21, 2025, ran at roughly 20,000 TPS. The mainnet launched with a claimed performance of about 50,000 TPS. Throughput and latency are MegaETH's core differentiators, and they define the network's focus on real-time applications like trading and gaming.

What is the MEGA token and how does it relate to the MegaETH network?

The MEGA tracked on DropsTab is a Solana SPL token, while the MegaETH network itself runs as an Ethereum Layer-2. The token's contract is megaA5QDK1qLXtjpvg9oCFMvxT9d5BCMrVTBddnM5kV, verifiable on Solscan. The wrapper structure means on-chain MEGA trading settles on Solana, and DEX liquidity for the token lives in Solana pools.

How is MEGA's total supply allocated in its tokenomics?

Per DropsTab data, MEGA's maximum supply is capped at 10 billion tokens. The official allocation assigns 53% to KPI Rewards, 15% to Community, 15% to VC investors, 10% to Team and Advisors, and 7% to a Foundation and Ecosystem Reserve. Emission of the 53% rewards pool is KPI-gated: tokens release on milestone attestations covering decentralization, performance, and Ethereum alignment. Community tokens left unsold after KYC and sybil checks transfer to the Foundation, a mild centralization caveat.

What does MegaETH's vesting structure mean for MEGA holders?

The MEGA token generation event took place on April 30, 2026, triggered after the 10-app MegaMafia deployment milestone was hit on April 23, 2026. Echo Round buyers received 20% of their allocation at TGE. Fluffle buyers received 50% at TGE, with the remainder vesting over six months. Conviction Round tokens deliver on April 30, 2026, or April 30, 2027 where a lockup applies. Unlocks cluster on the yearly April 30 cadence plus KPI-triggered releases, which concentrates sell pressure around those dates.

Who backed MegaETH and how much did MegaETH raise?

Per DropsTab fundraising data, MegaETH raised roughly $107.7M across four rounds. The Seed Round on June 27, 2024 raised $20M at a $200M valuation, led by Dragonfly Capital. Angel backers include Vitalik Buterin, Joseph Lubin, Cobie, Hasu, and Sreeram Kannan. A backer roster of this depth, combining a top-tier crypto fund with Ethereum founders, signals strong ecosystem validation for a Layer-2 at seed stage.

What was MegaETH's public sale?

The MegaETH public sale ran as a 72-hour English auction on Sonar from October 27 to 30, 2025, after registration opened October 15. The auction sold 500 million MEGA, 5% of total supply, at a clearing price of $0.0999 per token, matching the $999M fully diluted valuation ceiling. The sale raised $49.95M from more than 50,000 bidders, with about $1.39B in commitments, roughly 28x oversubscribed. Earlier, the Fluffle soulbound NFT sale on February 12, 2025 raised $27.73M.

Did MegaETH run an airdrop?

MegaETH did not run a standalone MEGA airdrop for testnet users. Community distribution ran through the Echo round, the Fluffle NFT sale, the Sonar public sale, and the Mainnet Campaign allocation. MegaETH's campaigns have all ended: the USDC Pre-Deposit campaign on November 25, 2025 seeded USDm minting at mainnet, and the Terminal Season 1 point-farming campaign ran from April 30 to June 23, 2026 with leaderboard rewards. No active earning campaign remains.

Where can I buy MEGA?

Per DropsTab data, MEGA trades on more than 20 spot venues, including Binance, Upbit, Coinbase, Kraken, and Bybit. Perpetual futures markets operate on Binance Futures, OKX, Bybit, Hyperliquid, and Deribit. On-chain trading runs through Raydium and Meteora on Solana, both quoting MEGA/USDC. Centralized venues dominate MEGA's volume structure, so DEX pools on Solana carry comparatively thin liquidity, a function of venue mix.