Updated

MegaETH Daily Digest — March 09, 2026

Daily Transactions — 4 Weeks2.0M2.5M3.0M3.5M4.0MFeb 9Feb 13Feb 17Feb 21Feb 25Mar 1Mar 5Mar 9
Daily Transactions — 4 Weeks
Unique Wallets — 4 Weeks020K40K60K80KFeb 9Feb 13Feb 17Feb 21Feb 25Mar 1Mar 5Mar 9
Unique Wallets — 4 Weeks

At a Glance


MegaETH stayed busy on Monday, even after cooling off from an unusually hot weekend. Throughput and headline volume stepped down, but the network still printed a strong baseline for the week, with activity punctuated by short, concentrated bursts.

Broader market conditions remain risk-off, so it’s notable that user counts are still holding well above late-February levels even after Sunday’s spike normalized.

The Week So Far

Over the last week, throughput has clearly re-rated higher: average activity is running at 37.3 TPS versus 30.7 TPS the week before (+21.2%). The bigger story is the weekend shift—Saturday/Sunday averaged 45.4 TPS, far above the prior weekend’s 30.8 TPS (+47.3%)—suggesting more sustained “always-on” usage rather than a purely weekday cadence.

On the raw network counters, transaction volume has been elevated since Friday (4.06M on March 06, then 3.23M on March 07 and 3.67M on March 08) before easing to 3.05M on March 09. Unique wallets also surged into Sunday (73.7K) and then reverted to a still-healthy 37.3K Monday—much closer to the recent high-activity regime than the single-digit/low-teens thousands seen across parts of late February.

Failure rates have also been relatively contained at the network level. March 09 came in at 2.6% failed transactions—higher than Sunday’s 0.9%, but nowhere near the double-digit days seen earlier in the 4-week window.

TPS — Last 14 Days3035404550Feb 23Feb 25Feb 27Mar 1Mar 3Mar 5Mar 7Mar 9
TPS — Last 14 Days

The Day

Monday’s hourly rhythm was “bursty then steady”: a strong early start (42.1 TPS at 00:00 UTC), a pronounced spike at 07:00 (79.0 TPS), and another at 11:00 (84.8 TPS) before settling into a long mid-20s to mid-30s stretch through late afternoon and evening. The standout was a very sharp, short-lived event around 11:37 UTC that briefly overwhelmed the usual profile.

TPS — Today Hourly203040506070809000:0003:0006:0009:0012:0015:0019:0022:00
TPS — Today Hourly

Kumbaya was the clean leader by both transactions and breadth of participation: Kumbaya posted 7.8K txs, consumed 2,367 Mgas, and drew 1,676 unique callers—consistent with organic, many-user flow rather than a single automation source. In contrast, Crossy Fluffle landed close on transaction count (7.3K) but with only 44 unique callers, including a per-hour spike of 2,021 tx/h around 01:00 UTC—behavior that often reads as concentrated play sessions, automation, or a small set of power users driving loops.

A notable share of the day’s “spikiness” came from contract-centric throughput rather than the top app leaderboard. The largest single contributor to the 11:37 UTC burst was MBIRD, which was also flagged as the top contributor to the day’s highest gas-per-second event (89.7 Mgas/s peak). If you want to inspect the exact burst window and its footprint, MBIRD is the place to start.

On the “new surface area” front, a newly-seen contract 0x00ea3dd7c83caf3052826e1c8f2b3366a3d86913 came in hot: 1,709 txs from 13 callers (~132 tx/caller) and still active, which looks more automated than user-driven. Separately, 0x37abc5c3572e0d429890fa3bd726b22c593358ad jumped to 193 txs (+549% vs the prior 24h comparison window), worth keeping on a watchlist if that growth persists.

Top DApps — 24h TransactionsKumbaya7.8KCrossy Fluffle7.3KFerdy.bet3.7KCanonic1.3KMegaPunks1.1KTopStrike789Intraverse728Avon521
Top DApps — 24h Transactions

Health Check

At the network level, March 09 ended with 2.6% failed transactions (79.4K failed out of 3.05M). That’s a step up from Sunday but still consistent with a generally healthy day.

The bigger reliability signal was localized: MBIRD saw a spike to 48.4% failures around 07:00 UTC (46,379 of 95,860 transactions failed). This kind of contract-specific failure surge is often consistent with bot competition, tight gating conditions, or rate-limiting mechanics during a burst—worth investigating, but not automatically a UX regression.

One more texture note: the quietest measured hour was flagged at 21:00 UTC (2.8 TPS). Even in that lull, activity wasn’t “off”—it was just concentrated, with World Markets - Exchange logging 6,320 transactions as the most active contract in that hour.

The Takeaway

March 09 was a controlled cooldown from Sunday’s exceptional user spike: lower TPS, fewer transactions, and fewer wallets, but still firmly in the higher-activity band the network has established over the past week. The day’s defining feature was concentration—especially the MBIRD-driven burst—rather than broad-based congestion.

For TGE-watchers, the fee picture remains the constraint: no apps cleared the $50K/day threshold, and the Road to TGE dashboard still shows Live Mafia Apps at 5/10 while USDM progress remains at 12% ($60.9M circulating). Kumbaya’s steady multi-user flow is a constructive signal, but the next milestone likely requires either materially higher per-app fees or a step-change in stablecoin scale.

Data sources: Analysis by MiniBlocks.io using on-chain MegaETH data. Market sentiment data from Alternative.me Crypto Fear & Greed Index. TVL and stablecoin data from DeFiLlama. TGE progress from megaeth.com.

Curious how this digest is made? Read about our AI-powered methodology.
This report is generated automatically by AI and may contain errors or inaccuracies. It is provided for informational purposes only and does not constitute financial, investment, or trading advice. MiniBlocks is an independent analytics platform and is not affiliated with, endorsed by, or promoting any project mentioned. Always verify data independently and do your own research.
About failure rates: This report covers raw network-level metrics. High failure rates for a contract or DApp do not necessarily indicate poor app quality. Common causes include bot activity (front-running, sniping), race conditions during launches and mints, intentional access gating, and rate-limiting mechanisms that deliberately reject excess transactions.
2026-03-08 2026-03-10