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MegaETH

MegaETH is building ultra high-throughput & low-latency EVM-compatible L2s. Accelerating the scalability endgame of Ethereum.

What is MegaETH?

MegaETH is a high-performance Ethereum Layer 2 (L2) blockchain designed to enhance Ethereum's scalability by achieving transaction processing speeds exceeding 100,000 transactions per second (TPS) and block times as low as 10 milliseconds. The project aims to provide real-time transaction processing while maintaining full compatibility with the Ethereum Virtual Machine (EVM).

How Does MegaETH Work?

MegaETH utilizes a heterogeneous blockchain architecture and a hyper-optimized EVM execution environment to achieve its high performance. This architecture allows for specialization of network nodes, optimizing transaction ordering and execution, and minimizing hardware requirements for full nodes. Additionally, MegaETH integrates EigenDA, a data availability layer that offloads data storage to enhance throughput without overloading the base layer.

What Makes MegaETH Unique?

MegaETH distinguishes itself by offering real-time transaction processing with sub-millisecond latency, aiming to bring Web2-level responsiveness to the crypto world. Its modular architecture supports high transaction throughput and substantial compute capacity, making it suitable for applications requiring low-latency performance, such as decentralized finance (DeFi) platforms and non-fungible token (NFT) marketplaces.

Who Are the Founders of MegaETH?

MegaETH was founded by Yilong Li, who first conceptualized the project in 2022. Development commenced in mid-2024 following a successful fundraising round. The team includes co-founder and CTO Lei Yang, co-founder and CBO Shuyao Kong, and Head of Growth Namik Muduroglu, each bringing expertise in blockchain technology and business development.

Latest News

What Key Events Have There Been for MegaETH?

MegaETH has achieved several significant milestones, including a $20 million seed funding round in June 2024 led by Dragonfly Capital, with participation from notable investors such as Vitalik Buterin and Joseph Lubin. In December 2024, the project raised an additional $10 million through a community round on the Echo platform. In February 2025, MegaETH conducted a public sale, raising $27.73 million.

Project Announcements

MegaETH has launched its testnet, allowing developers to deploy contracts and assess performance. The project has also introduced 'The Fluffle,' a collection of 10,000 soulbound NFTs, offering future token allocations to holders.

Upcoming Events

Latest Airdrop

MegaETH plans to distribute airdrops to participants who engage with the testnet, complete social tasks, and join the Discord community with the appropriate roles. Specific dates and eligibility criteria will be announced on the official channels.

ICO Time

MegaETH conducted its Initial Coin Offering (ICO) on February 12-13, 2025, raising $27.73 million.

Projects Announcements

Where to Buy MegaETH?

As of July 2025, MegaETH (MEGA) tokens can be purchased on decentralized exchanges such as PancakeSwap. Listings on centralized exchanges like WEEX are anticipated in the near future.

MegaETH Price

Daily Trading Volume

All-Time High

All-Time Low

Market Cap and Valuation

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Fully Diluted Valuation

MegaETH Price Prediction

As of now, there are no available forecasts from reliable experts or publications regarding MegaETH's price prediction.

FAQ

What is the Purpose of MegaETH?

How Can I Participate in MegaETH's Ecosystem?

What Sets MegaETH Apart from Competitors?

Is MegaETH Secure?

What are the Risks Associated with MegaETH?

Community Sentiment

24.40K Votes

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.