TL;DR
- MegaETH launched its mainnet with greater than 50 lively functions and a real-time structure designed to succeed in as much as 50,000 TPS.
- The community makes use of a SALT structure that retains essential knowledge in reminiscence and separates execution from settlement on Ethereum.
- The MEGA token will likely be issued after assembly measurable KPIs.
MegaETH launched its mainnet with greater than 50 functions reside from day one, in keeping with the community’s public interface. The challenge launched the community as a real-time blockchain, with a technical goal of as much as 50,000 transactions per second and 10-millisecond block instances.
The system design facilities on latency as an operational variable. To realize that purpose, MegaETH developed a proprietary structure referred to as SALT, brief for Small Authentication Giant Trie. The system retains essential knowledge in reminiscence and avoids delays related to conventional storage entry. The community makes use of Ethereum for settlement and safety, whereas separating the execution layer to push efficiency past the bounds of typical architectures.
MegaETH was based in 2022. In June 2024, the challenge raised $20 million in a seed spherical led by Dragonfly Capital, with participation from Vitalik Buterin and Joseph Lubin. Earlier than the mainnet launch, the community operated a testnet and, in January, executed a world stress check designed to course of 11 billion transactions over seven consecutive days, with the purpose of validating efficiency underneath sustained load.
The mainnet launch follows a public token sale held in October 2025. That spherical raised $1.39 billion in commitments and recorded an oversubscription of 27.8x. Not like different initiatives, MegaETH decoupled the community launch from the technology occasion of its native MEGA token.
MegaETH Will Anticipate Particular Situations to Launch the MEGA Token
The MEGA token will likely be issued seven days after no less than one in every of three efficiency indicators outlined by the crew is met. The KPIs embody reaching a mean circulating provide of $500 million within the USDM stablecoin over a 30-day interval, having 10 MegaMafia functions lively on mainnet, or recording three functions that generate greater than $50,000 in each day charges for 30 consecutive days.
The token’s financial construction is predicated on two fundamental mechanisms. The primary is Proximity Markets, the place customers lock MEGA to entry colocated sequencers and scale back latency. The second is a buyback program that makes use of everything of the yield generated by the USDM stablecoin to buy MEGA and take away it from circulation.
The appliance ecosystem contains groups shaped throughout the inside MegaMafia accelerator. Based on the challenge, these groups have raised greater than $70 million in enterprise capital from corporations comparable to Franklin Templeton, Robotic Ventures, Maven11, and Figment Capital
