MegaETH democratizes what no other chain has: guaranteed low-latency access to a real-time blockchain. Traders will pay for proximity to the sequencer. Applications denominate and grow in USDm.
Rewards that the Foundation receives from USDm are used to buy back MEGA. The more the ecosystem grows, the more MEGA gets absorbed by the MegaETH Foundation.
USDm, issued through Ethena's stablecoin stack, is MegaETH's native stablecoin purpose built to power real-time applications on MegaETH.
Most L2s monetize by charging an extra margin on sequencer fees. With USDm, MegaETH redirects value from financial yield rather than users to fund the network.
Read morePoints are earned through activity across participating apps in the MegaETH ecosystem. More activity drives more USDm onchain, fueling the flywheel that powers the whole network.
Track points and discover qualified apps on Terminal, the main hub for the points program.
Explore nowTraders need low latency. MegaETH sells it. Proximity Markets utilize MegaETH's core advantage, guaranteed low latency, by taxing proximity to the sequencer, rather than extracting value through gas fees or sequencer surcharges.
Proximity Seat: Reserved server slots near the sequencer, tiered by latency. Top-tier seats are auctioned; mid-tier combines auction + MEGA locking; entry-level requires locking only.
Proximity Feed: Real-time data streams synchronized to a shared global clock. It is designed to complement Proximity Seat by eliminating software-layer bottlenecks.
Tiered access: auction, staking, or both
Fairness via in-tier jitter randomization
HFT-grade data feeds aligned to canonical transaction ordering
All rewards that the MegaETH Foundation receives from USDm are used to buy back and accumulate MEGA.
As USDM adoption grows across applications in the ecosystem, buybacks scale with it.
Buybacks are executed regularly consistent with applicable law and regulation.
USDm rewards → MEGA buybacks
Scales with ecosystem adoption
MegaETH rotates sequencer operation across regions to keep latency close to where users are active. Operators stake MEGA to participate.
Selection is based on stake and performance, delegation is supported, and faults are slashed.
Rotation follows global demand
Performance + stake decide who runs
Delegation + slashing enforce reliability
When each KPI tranche is reached, a pre-defined amount of MEGA is released to holders with committed positions. The longer you commit, the larger you share.
Commit NowKPI Rewards tie token emissions to outcomes, not dates.
Eligibility is based on continuous MEGA committment before a KPI attestation.
KPIs are measurable milestones across four verticals: reliability, performance, adoption, and decentralization.
When KPI targets are hit and rewards are distributed, holders can claim and re-commit newly received tokens.
If you invested in the Echo private sale, you will receive an email prompting you to log in to the Echo platform to claim your available MEGA tokens
You'll claim all future vests on Echo. 20% unlocks on April 30th, 2026.
If you hold a Fluffle NFT:
50% of your tokens are automatically delivered to your wallet (exceptions apply) on April 30th, 2026.
The rest vest over 6 months.
If you were granted a public sale allocation:
Your tokens are automatically delivered to your bidding wallet on April 30th, 2026 or April 30th, 2027 if lockup applies.
MegaETH started as a whitepaper proposing a non-traditional approach to scaling Ethereum: specialize node roles instead of forcing every node to do everything, pushing EVM performance to new, real-time limits.
The thesis attracted early, long-term supporters: Ethereum co-founders Vitalik Buterin and Joseph Lubin, funds like Dragonfly and Figment, alongside community leaders like Cobie and performance-minded operators like Mert Mumtaz.
Later that year, we opened MegaETH to everyday participants on Cobie's Echo, on the same terms as the seed round (equity + token warrants, same nine-figure valuation).
It was Echo's largest sale to date, raising $10M.
In the run-up to mainnet and the MEGA TGE, we opened ownership to the public through Sonar (by Echo): a 72-hour English auction selling 5% of total supply, with a $1M FDV floor and $999M FDV ceiling. The sale drew 50K+ bidders and $1.39B committed.
When MegaETH's public testnet went live, "real-time" stopped being a claim and became something builders could feel: 10ms miniblocks and ~1.7 Gigagas/s of single-threaded throughput.
Teams started deploying latency-sensitive apps and learning what it actually looks like to build at ultra-low latency. Builders coalesced around MegaETH, with the Mega Mafia raising over $70M in venture financing.
Mainnet is the starting line. MegaETH launches with USDm as the lifeblood of the ecosystem, creating a flywheel between applications and the chain: as apps grow, USDm adoption deepens; as USDm scales, protocol economics strengthen; and stronger economics fund further growth across builders, liquidity, and distribution.
This is the shift from crypto as a speculative sandbox to crypto as a sustainable, high-performance economic system, where real usage compounds and real-time execution opens an entirely new design space.
MegaETH proved the real-time thesis in production in a stress test: 11 billion transactions in 7 days, which is the largest transaction count in EVM history, while the network remained usable for latency-sensitive apps and onchain games.
What started as a whitepaper claim became an engineering fact. Real-time execution isn't theoretical anymore. It's a live production environment with applications already running on it.
Upon mainnet launch, MegaETH established an industry-first KPI-triggered TGE schedule: the token would go live only when the network earned it, which is when hitting any one of four designated performance milestones.
On April 23rd, 2026, the KPI of having a total of 10 MegaMafia apps deployed on the chain was hit, triggering the MEGA TGE on April 30th, 2026.