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Brief
High-performance EVM Layer 2 with 10ms blocks and 20K+ TPS on testnet. MEGA token debuted May 1, 2026 at ~$1.6B FDV. Native stablecoin USDm runs on Ethena USDtb rails, with reserve yield routed to subsidize sequencer fees instead of going to the chain as profit.
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Recent activity
Latest moves on the changelog feed.
- May 4, 2026NEW
MegaETH. EVM L2, 10ms blocks, 20K+ TPS testnet. MEGA token launch May 1 at ~$1.6B FDV. Native USDm runs on Ethena USDtb rails. Reserve yield routes to the sequencer instead of the chain.
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Snapshot
Key terms and identifiers.
- Jurisdiction
- Global
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Milestones
How this player got here.
- May 2026USDm native stablecoin announced via Ethena USDtb rails
- May 2026MEGA token launch, ~$1.6B FDV
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Connections
Who they build with, build on, integrate with.
Dependency
Where this player builds on, integrates, or relies on others.
