- MegaETH mainnet launches today, which allows new users to interact without paying transaction fees.
- The token generation event depends on USDm stablecoin growth and app activity.
The MegaETH mainnet is launching today, which marks a major step for the Ethereum ecosystem as it is designed as a Layer‑2 blockchain, and operates independently while using Ethereum’s security.
According to Infinex’s post, MegaETH is going live at 9 am EST. The deployment coincides with a significant integration into Infinex’s crypto superapp. This enables new users to interact with MegETH via gasless first transactions. Thus, the platform creates an intuitive setting with faster onboarding and increased network engagement.
With that, Wyck, a popular crypto voice on X, posted that MegaETH mainnet would be launching in a few hours, but noted that it would be without the token generation event (TGE). They said attention would therefore focus on network activity rather than price, and added, “I’m expecting some risky but interesting plays with memecoins launching and NFTs minting. I’ll be showing up for that part.”
According to Aixbt’s X post, the MEGA token will not launch immediately, and the token generation event won’t happen until either $500 million in USDm stablecoin is generated or 10 applications achieve 100,000 transactions, and mentioned, “Track usdm minting rate over next 48 hours. If it stalls under $100m first week, the TGE delays and you get the strk/zk playbook.” The USDm stablecoin aims to lower fees by supporting processing expenses through yield-backed reserves, rather than typical fee margins, as per the MegaETH blog
With that, MegaETH announced the Chainlink Scale program from day one, adopting Chainlink’s data feeds, data streams, and cross‑chain interoperability standards to bring trusted oracle data and seamless DeFi connectivity to its high‑performance blockchain, as per the official blog
As integration gives MegaETH users immediate access to major DeFi assets and protocols such as Aave, GMX, Lido’s wstETH, and Lombard’s BTC.b and LBTC through industry‑standard oracle and interoperability infrastructure.
As MegaETH begins operations, the MEGA token release and network adoption metrics will guide the next steps for users and developers on the platform.
Highlighted Crypto News:
Crypto Hacker Behind Infini Exploit Returns, Moves $32M ETH in Fresh Transfers
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
SharpLink reports a loss of $734 million; Ethereum holdings remain solid
SharpLink Inc. reported a net loss of $734.6 million in 2025, mainly due to unrealized losses caused by the decline in Ethereum prices. Nevertheless, the company's actual revenue grew significantly, expected to reach $28.1 million, and institutional ownership increased from 6% to 46%. This reflects market recognition of its long-term ETH treasury strategy.
MarketWhisper4m ago
The Ethereum Foundation Bug Bounty Program's maximum reward has been increased to $1 million.
Gate News Announcement: On March 10th, Ethereum Foundation Security Researcher Fredrik tweeted that the Ethereum Foundation's bug bounty program's maximum reward has been increased from $250,000 to $1,000,000. The scope includes protocol bugs, client bugs, language compiler bugs, deposit contract bugs, and dependency errors. Infrastructure vulnerabilities (such as web, DNS, email, etc.), ERC-20 contract bugs, Ethereum Name Service (ENS) vulnerabilities, and others are not covered by this bounty program.
GateNews18m ago
Cross-chain bridge protocol LI.Fi launches Agentic Commerce API and AI Agent Toolkit
Gate News Announcement: On March 10, the cross-chain bridge protocol LI.Fi launched the Agentic Commerce API. Users can build on-chain Agentic workflows by integrating this API. Additionally, LI.Fi released the AI Agent Toolkit, which includes the MCP server and agents.
GateNews38m ago
Alibaba Cloud "Shadow JVS" renamed to "JVS Claw," opens invitation-only beta testing
Alibaba Cloud JVS Claw Team's OpenClaw application has been renamed to "JVS Claw." The product centers around a customizable Clawbot and supports various skills and custom features. Currently in closed beta, users need to apply for an invitation code. Each user can create one bot, with a free quota of 8000 Credits, valid for 14 days.
GateNews1h ago
Gondi initiates compensation after $230,000 vulnerability, recovers stolen NFTs and returns them to the original owner
NFT Lending Protocol Gondi Announces Compensation for Users Who Suffered Losses Due to Smart Contract Vulnerability, with Approximately 78 NFTs stolen, estimated at around $230,000. The vulnerability stemmed from a logical flaw in the "Sell & Repay" contract, allowing attackers to transfer NFTs without owning them. Gondi is currently compensating users through a three-pronged approach: contacting affected users, recovering stolen NFTs, and repurchasing similar items using the proceeds. Other platform functions have returned to normal.
MarketWhisper1h ago
Virtuals Protocol introduces the ERC-8183 standard to build an AI agent business layer
Virtuals Protocol launched the ERC-8183 standard on March 10th, aiming to build a business layer for AI agents. The standard includes the "Job" primitive and three-party roles, supporting state transitions and custom logic, providing a business foundation and reputation signals.
GateNews1h ago