MegaETH Daily Digest — April 04, 2026
At a Glance
- Network↓: TPS averaged 23.6, down 3.3% from Friday (24.4)
- Volume↓: 2.05M total transactions (vs 2.11M on Apr 03)
- Users↑: 4.0K unique wallets (up from 3.3K)
- Top app: Kumbaya led with 6.4K txs and 1,367 unique callers; Avon followed with 3.8K txs and 1,223 callers
- Health: Normal (0.4% failed network-wide), with one major localized failure spike
- Signal: Outlier bursts hit 118.0 TPS and 368.0 Mgas/s, driven by World Markets - Exchange and 0x0e12e3d1903237332437c79429591874f99585f4 respectively
Saturday (Apr 04) looked like a typical weekend cooldown in baseline throughput, but with a notable rebound in distinct wallets. In the current cautious broader market conditions, the activity that did show up skewed toward DeFi-style flows and a couple of sharp, contract-specific bursts rather than broad-based, steady demand.
The Week So Far
This week has been steady on throughput: the average is 25.0 TPS, only slightly above last week’s 24.1 TPS (+3.7%), and effectively flat over the last seven days. The weekend dip pattern remains intact: Apr 04 posted 23.6 TPS, in line with the prior weekend band (and modestly above last weekend’s 23.0 TPS).
On “real volume,” the network has been holding a narrow range since Mar 23: daily totals hovered around ~2.0M–2.3M transactions, with unique wallets mostly in the low single-thousands. Apr 04 stood out on participation: 4.0K unique wallets is a meaningful step up from Friday’s 3.3K even as total transactions slipped to 2.05M. Network failure rates have generally stayed subdued (Apr 04: 0.4%), with occasional higher days (notably Apr 01 at 2.5%) but nothing suggesting systemic instability.
The Day
Apr 04’s hourly rhythm was mostly flat-to-gently rising, with the softest patch around 08:00–11:00 UTC (down to 22.6–22.9 TPS) and a firmer close in the late evening, ending at 26.2 TPS at 22:00 UTC. The bigger story wasn’t the baseline curve—it was the brief, extreme spikes superimposed on an otherwise calm Saturday.
On apps, Kumbaya and Avon dominated the visible 24h leaderboard. Kumbaya led with 6.4K transactions, 1,905 Mgas, and 1,367 unique callers, and it was also flagged for a large 24h volume jump (+400% vs the prior window). Avon put up 3.8K transactions, 1,260 Mgas, and 1,223 unique callers, also posting a sharp step-up (+367%). That combination—high callers plus a big day-over-day lift—reads more like real usage returning/rotating than a single-wallet automation burst.
Elsewhere, activity looked more “concentrated”:
- Canonic reached 1.0K transactions from just 4 unique callers.
- Crossy Fluffle logged 1.3K transactions but only 10 unique callers, and it was flagged as down -71% versus the prior window.
- GMX only had 188 transactions, but consumed 681 Mgas—small volume, heavier execution.
Two contract-driven outliers defined the day’s performance extremes:
- Network TPS peaked at 118.0 TPS around 19:15 UTC, with World Markets - Exchange (0x5e3ae52eba0f9740364bd5dd39738e1336086a8b) contributing heavily in that window (445 tx).
- Network gas peaked at 368.0 Mgas/s around 12:30 UTC, led by 0x0e12e3d1903237332437c79429591874f99585f4 (10.8 Mgas in the spike window). That contract also hit 939 tx/h around 13:00 UTC. (Contract page: https://miniblocks.io/contracts/0x0e12e3d1903237332437c79429591874f99585f4)
For more context on these spikes and what else moved, the Insights page and the Network Heatmap are the quickest “see it yourself” views.
Health Check
At the network level, Apr 04 was clean: 0.4% failed (8.0K failed transactions out of 2.05M). That’s a normal day for reliability.
The one clear issue was localized to World Markets - Exchange. Around 22:00 UTC it processed 7,302 transactions in an hour and saw a 65.1% failure rate (4,750 of 7,302 failed), far above its typical baseline. This pattern is often consistent with competitive transaction flows (bots racing, throttling, or condition-gated execution) rather than generalized network trouble, especially since aggregate failure stayed low. Still, it’s worth monitoring if that failure-heavy burst repeats. (Contract: https://miniblocks.io/contracts/0x5e3ae52eba0f9740364bd5dd39738e1336086a8b)
The Takeaway
Apr 04 was a “steady weekend” for baseline usage—slightly lower TPS and total volume than Friday, but a healthy uptick in unique wallets and clear concentration in a few DeFi apps. The only real caution flag was the World Markets - Exchange burst: extreme throughput with a high failure share, suggesting a very specific mechanism (or competition) rather than chain-wide stress.
On the Road to TGE, app traction still isn’t translating into sustained fee milestones: on Apr 04 no apps cleared the $50K/day threshold, and total fees across all apps were $13K. Progress remains 6/10 “Live Mafia Apps,” while the USDM track sits at 13% of the circulating supply target—still a long runway. (Reference: https://www.megaeth.com/token)