MegaETH Daily Digest — April 02, 2026

At a Glance

• Network↑: 26.2 TPS on average (+1.2% vs Apr 01’s 25.8), with brief micro-bursts well above the day’s baseline
• Volume↑: 2.25M total transactions (slightly above 2.23M on Apr 01)
• Users↑: 3.8K unique wallets (up from 3.4K)
• Top app: Crossy Fluffle led by raw throughput (26.3K txs), while GMX stood out on gas intensity (2,067 Mgas on 561 txs)
• Health: 0.8% failed transactions (clean; a big improvement vs Apr 01’s 2.5%)
• Signal: a short-lived spike hit 159.0 TPS, attributed primarily to World Markets - Exchange activity

MegaETH stayed in its “busy-but-stable” regime on Thursday, April 02: consistent mid‑20s TPS, slightly higher participation, and no sustained congestion. In broader risk-off market conditions, the takeaway is reassuring—usage is steady, and the chain handled sharp, localized bursts without the day turning choppy.

The Week So Far

Over the last 7 days, the network has been gently firmer rather than meaningfully hotter: this week is averaging 25.1 TPS versus 23.8 TPS last week (+5.6%), and the last 7 days are up about +7.2% on the two-week view. The weekend dip remains intact (23.6 TPS this past weekend vs 23.0 TPS the weekend before), which continues to look like a normal cadence rather than demand shock.

On the “real usage” side, daily totals have largely settled into a narrow band around ~2.0M–2.3M transactions since March 20, after the early‑March surge (e.g., 4.06M on Mar 06). Unique wallets are also in a much more normalized range (low single-thousands most days recently), with April 02 ticking up to 3.8K.

Failure rates have been mostly contained across the month, with an April 01 bump (2.5%) that reverted back to a clean 0.8% on April 02—more consistent with the sub‑1% days seen throughout late March.

The Day

The hourly rhythm on April 02 was steady for long stretches (mid‑20s TPS), punctuated by two clear ramps: an early spike around 01:00 UTC (33.0 TPS) and a stronger early‑afternoon push (31.4 TPS at 14:00 UTC). What made the day notable wasn’t the baseline—it was the presence of very short, very tall peaks that didn’t fully show up in hourly averages.

Two network-level alerts stood out. First, transactions per second briefly peaked at 159.0 TPS around 14:36 UTC, with the top contributor flagged as World Markets - Exchange (https://miniblocks.io/contracts/0x5e3ae52eba0f9740364bd5dd39738e1336086a8b). Second, gas per second spiked even harder earlier in the day—256.5 Mgas/s at 02:09 UTC—again with World Markets - Exchange as the largest contributor in that window. That pattern (very narrow spikes dominated by a single venue) is often consistent with automated flows, liquidations, or bursty execution strategies rather than broad user-driven demand.

On the application layer, Crossy Fluffle remained the throughput leader (26.3K txs; 2,580 Mgas; 179 unique callers): https://miniblocks.io/dapps/crossy-fluffle. That’s still the clearest “background load” on the chain—high transaction count, moderate caller breadth, and fairly consistent presence.

DeFi activity was more nuanced:

• Kumbaya (https://miniblocks.io/dapps/kumbaya) posted 1.4K txs with 576 unique callers—one of the healthiest “many users doing small things” profiles in the 24h leaderboard.
• Avon (https://miniblocks.io/dapps/avon) also showed broad participation (795 txs; 461 unique callers), consistent with routine lending/position management rather than a single operator.
• GMX (https://miniblocks.io/dapps/gmx) was comparatively low on transaction count (561 txs) but extremely high on gas (2,067 Mgas), implying fewer, heavier operations. Separately, rate-normalized monitoring flagged GMX volume down roughly ~55% versus the prior 24h window (264–271 txs in that lens), suggesting reduced churn even as gas-heavy actions persisted.

A few contracts also lit up in a way that’s worth bookmarking:

• 0x2db4fd060c35ab2bf4ffe5da22809fdb13409f59 jumped from 82 to 2,881 transactions (+4072% vs the previous 24h window): https://miniblocks.io/contracts/0x2db4fd060c35ab2bf4ffe5da22809fdb13409f59
• 0x681e908b8ab57c49c74d770f369754ccc3e1ae09 hit 12,891 tx/h around 01:00 UTC (57% above its P95): https://miniblocks.io/contracts/0x681e908b8ab57c49c74d770f369754ccc3e1ae09

Those are the kinds of spikes that can be either a feature launch, a bot-driven strategy, or a single integrator ramping usage—worth keeping an eye on over the next couple of days.

Health Check

Network health was solid on April 02: 0.8% failed transactions (19.1K failed out of 2.25M). That’s a clean reversal from April 01’s 2.5%, and it suggests the day’s sharp TPS/gas spikes were short and well-contained rather than prolonged contention.

The one “watch item” is concentration: when both TPS and gas peaks are attributed to the same venue (World Markets - Exchange), it usually means the load is not evenly distributed. That’s not inherently negative—many legitimate workflows are bursty—but it can correlate with periods where bots compete aggressively and a small slice of transactions fail due to race conditions. Nothing in April 02’s aggregate failure rate suggests broad disruption.

The Takeaway

April 02 was a stable step forward: slightly higher TPS, slightly higher wallet participation, and a notably cleaner failure rate than the day prior. The biggest story is the contrast between steady background gaming throughput (Crossy Fluffle) and sharp, contract-concentrated performance spikes dominated by World Markets - Exchange.

On the Road to TGE (https://www.megaeth.com/token), progress remains mostly incremental: “Live Mafia Apps” is still at 6/10, and the per‑app fee threshold wasn’t approached (no apps above $50K; total fees $19K). If there’s a near-term signal to track from April 02, it’s whether the new contract-level bursts (notably 0x2db4… and 0x681e…) repeat—sustained activity is what tends to translate into measurable milestone movement.