MegaETH officially launched its mainnet with the goal of achieving 50,000 TPS and a Block Time of 10 milliseconds, deploying over 50 dapps from day one.
MegaETH launches mainnet, aiming for 50,000 TPS and a Block Time of 10 milliseconds.
MegaETH officially launches its mainnet.
- On February 9th, the MegaETH blockchain officially launched its mainnet, marking a major milestone for the project, aiming for 50,000 TPS with a Block creation time of only about 10 milliseconds, far surpassing Ethereum's current level of under 30 TPS.
Introducing The Rabbithole — your MegaETH ecosystem frontend
— MegaETH (@megaeth)February 9, 2026
Mainnet is now fully open to the public.
How does Rabbithole work for users?
→ Discover live and upcoming apps
→ Bridge and swap assets
→ Get notified of ecosystem events
→ More
Live now. Features and links below. pic.twitter.com/TCxcHyciku
- Immediately upon going live, MegaETH's mainnet recorded over 50 active dapps, demonstrating that this blockchain is not just in the testing phase but is ready for real-world deployment.
Chia to the development team, MegaETH doesn't position itself as a layer-1 or layer-2 blockchain . Instead, the project chooses to leverage Ethereum as the security and settlement layer, while separating the transaction execution to optimize performance, thereby overcoming the limitations of traditional blockchain architecture.
- The foundation of this approach is the SALT (Small Authentication Large Trie) architecture, a system that allows critical data to be stored directly in memory, instead of constantly retrieving it from the storage layer as on most current blockchains. Thanks to this, MegaETH can significantly reduce latency, a Capital XEM the biggest barrier to the on-chain user experience.
- With its "real-time" design, MegaETH opens up the possibility of deploying many previously almost impossible on-chain application models, from real-time transactions with extremely low latency, gamified interactive experiences, to wallet-free applications, or financial products requiring instant response such as trading, prediction markets, and Derivative.
- This vision has helped MegaETH quickly attract significant attention from the developer community. Through the internal MegaMafia accelerator program, many projects built on the MegaETH ecosystem have successfully Capital over $70 million from reputable investment funds such as Franklin Templeton, Robot Ventures, Maven11, and Figment.
RABBITHOLE // CHAT DISCOVERY
— MegaETH (@megaeth)February 9, 2026
The world is evolving from static, analog interfaces to natural language discovery.
We mirror this with a prompt-based entrance to Rabbithole.
"Where can I get yield?"
"I want to launch a Token."
Met with curated answers instead of 10-app lists. pic.twitter.com/Wph1hEbx7J
- Previously, MegaETH Capital $20 million in a seed round led by Dragonfly in 2024, with participation from Vitalik Buterin and Joseph Lubin. In October 2025, the project continued to attract attention with a Token Sale that raised $1.39 billion, exceeding the initial subscription amount by nearly 28 times.
The MEGA Token has not yet launched after the mainnet.
Notably, the launch of MegaETH's mainnet does not mean the MEGA Token will be released immediately. According to the MegaETH team, the MEGA Token will only be officially launched 7 days after the network's three main indices are launched, including:
- The circulating supply of the USDM stablecoin Medium $500 million over a 30-day period.
- There are 10 applications from the MegaMafia program running stably on the mainnet;
- Any 3 apps on the network generate more than $50,000 in fees per day for 30 consecutive days.
No TGE on Mainnet Day 1 @megaeth just dropped a very "non-crypto" announcement 👇 $MEGA will NOT go live on public mainnet launch.
— Observe (@obsrvgmi) February 6, 2026
Instead, TGE only happens after real traction.
MegaETH has set 3 hard KPIs for the Token launch:
- $500M USDM issued on-chain
- 10 MegaMafia… https://t.co/MdCBs3S0wA pic.twitter.com/5Sd2ze9Drr
This KPI setting approach shows that MegaETH prioritizes genuine growth signals, rather than focusing solely on market Capital size or short-term trading activity.
- In terms of tokenomics, MEGA is designed around two main mechanisms to closely link the interests of holders with the performance of the network.
- The first mechanism is Proximity Markets . Users can Token Lockup to have their transactions prioritized by the sequencer, reducing latency in transaction sending and processing. This is especially important for applications requiring near-instantaneous response, such as trading, prediction markets, or Derivative.
- The second mechanism is buyback & burn Token . All the profits generated from the USDM stablecoin will be used by MegaETH to buy back MEGA Token on the market, then remove them from the circulating supply, gradually reducing the number of MEGA tokens over time.
MegaETH launches amidst Ethereum controversy.
MegaETH launched its mainnet amidst a storm of debate as Ethereum's scaling roadmap was questioned. For many years, Ethereum has primarily relied on Layer-2 scaling, inheriting Layer-1 security, processing Off-Chain transactions, and then collating and sending them back to Ethereum.
However, Vitalik Buterin recently suggested that Ethereum may need more investment in scaling layer-1 to reduce liquidation Shard and improve the user experience. This view immediately sparked controversy within the community.
- On the one hand, the decentralization process of layer-2 networks is slower and more complex than expected. The transition to higher development stages, where control is no longer concentrated in a small group of operators, still faces numerous technical and organizational hurdles, leaving much of the current network still at stage 1.
- On the other hand, Ethereum is also directly scaling on layer-1, with transaction fees remaining low compared to previous cycles and gas limits expected to increase significantly in 2026. This makes the traditional advantages of layer-2 in terms of cost and throughput less prominent in the current context.
- Supporters of layer-2 argue that rollups remain an indispensable pillar and have delivered significant performance improvements. Conversely, skeptics argue that over-reliance on dozens of different L2 networks is leading to a fragmentation of users and liquidation , complicating the overall Ethereum experience.
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