MegaETH Daily Digest — April 18, 2026

Daily Transactions — 4 Weeks

Unique Wallets — 4 Weeks

At a Glance

Network↓: 25.0 TPS average, down from 26.2 TPS on April 17 (-4.4%)
Volume↓: 2.16M total transactions, down from 2.26M on April 17
Users↓: 3.1K unique wallets, slightly down from 3.2K on April 17
Top app: Kumbaya led activity (1.9K txs, 1,011 Mgas, 598 callers) — still the main driver of heavy compute
Health: 0.9% failed transactions — normal range
Signal: two new “flash” contracts pushed 8.8K failed tx each (100% fail), while micro-bursts hit 65.0 TPS and 301.4 Mgas/s

MegaETH stayed in its familiar weekend gear on Saturday, April 18: steady mid-20s TPS, slightly lighter than Friday, and without a broad-based surge in users. Under the hood, though, the day had a couple of sharp, short-lived spikes tied to specific contracts—more “bursty” than the hourly averages suggest.

The Week So Far

Across the last two weeks, throughput has been stable, with this week averaging 25.8 TPS versus 26.2 TPS last week (-1.5%). The weekday/ weekend rhythm is intact: April 18 landed right on the typical weekend dip (25.0 TPS), and this weekend is only marginally busier than last weekend (25.1 vs 24.6 avg TPS).

TPS — Last 14 Days

On the adoption side, unique wallets have been choppier than TPS. The most notable recent expansion was April 8 at 5.8K unique wallets, but the last few days have settled back near the low-3K range (3.2K on April 17; 3.1K on April 18). Network-wide failure rates remain mostly contained (generally sub-1%), with April 16 standing out at 1.8% before reverting.

One real ecosystem wrinkle this week: MegaETH TVL fell to $90.4M on April 18 from $110.3M seven days earlier (-18.0%), and it also stepped down sharply versus April 17 ($111.5M → $90.4M). In current market conditions, that kind of move tends to coincide with risk reduction and rotation rather than organic usage growth—worth keeping in mind when reading DeFi app flows.

The Day

April 18’s hourly rhythm was flat and “weekend-smooth”: 24.5–25.8 TPS most of the day, with mild lifts around 08:00 UTC (26.0 TPS) and late morning (25.8 TPS at 11:00 UTC), then steady mid-20s through evening.

TPS — Today Hourly

Where it got interesting was in the microstructure: two short spikes flagged by the detector suggest very brief bursts that don’t dominate hourly averages:

Network TPS briefly peaked at 65.0 TPS at 10:08 UTC, led by World Markets - Exchange (269 tx in that window): https://miniblocks.io/contracts/0x5e3ae52eba0f9740364bd5dd39738e1336086a8b
Gas per second spiked to 301.4 Mgas/s at 21:00 UTC, almost entirely attributed to Kumbaya activity in that window (299.9 Mgas): https://miniblocks.io/dapps/kumbaya

On the app leaderboard, activity was concentrated but not broad:

Kumbaya remained the heavyweight: 1,011 Mgas across 1.9K txs and 598 unique callers (a relatively “real” caller footprint for the volume). https://miniblocks.io/dapps/kumbaya
Avon was the other clear user-driven venue: 845 txs, 283 Mgas, 518 unique callers. https://miniblocks.io/dapps/avon
Crossy Fluffle posted 1.6K txs but only 8 unique callers—volume that looks more automated or operational than user-distributed. https://miniblocks.io/dapps/crossy-fluffle

Lower down, compute intensity diverged from transaction counts: GMX only recorded 37 txs but consumed 149 Mgas (high gas per transaction), while Showdown ran 431 txs from a single caller (again, likely automated). (See the full ranking in the DApps catalog when you want to dig around: https://miniblocks.io/dapps)

Two new contracts also showed classic “flash activity” patterns—high volume from very few callers, then silence:

0x5c84050559029ae2b870138082e786507e9bc740 — 8,838 txs in 15.1h, 3 callers, now inactive, 100% failed: https://miniblocks.io/contracts/0x5c84050559029ae2b870138082e786507e9bc740
0x08c4d04201a3ef3baffcb4925b07e4f528ee01df — 8,839 txs in 15.1h, 3 callers, now inactive, 100% failed: https://miniblocks.io/contracts/0x08c4d04201a3ef3baffcb4925b07e4f528ee01df

For investigation workflows, these events are easiest to replay from the Insights surface: https://miniblocks.io/insights

Top DApps — 24h Transactions

Health Check

Network-wide health was fine on April 18: 0.9% failure rate (19.0K failed out of 2.16M total). That’s not elevated for MegaETH, and it’s below the April 16 outlier (1.8%).

The only meaningful “failure story” is localized: the two new contracts above were 100% failed and heavily concentrated (3 callers each, ~2946 tx/caller). That pattern is consistent with automated probing, spam, or intentional reverts from gating/ throttling mechanics—worth monitoring, but not a network stability concern by itself.

The Takeaway

April 18 was a standard weekend session—25.0 TPS, slightly lighter volume and users than Friday, with activity anchored by Kumbaya and Avon rather than a broad expansion in wallets. The standout signals were bursty: a brief 65.0 TPS window tied to World Markets - Exchange, and a sharp gas spike driven by Kumbaya, plus two short-lived “all-fail” contracts that look automated.

On the Road to TGE, progress remains incremental: Live Mafia Apps are 6/10, USDM sits at $63.1M circulating (13% of the $500M target), and no apps hit the $50K/day fee bar on April 18 (total fees across apps: $21K). Reference: https://www.megaeth.com/token