Updated

MegaETH Daily Digest — April 21, 2026

Daily Transactions — 4 Weeks2.0M2.1M2.2M2.3M2.4MMar 24Mar 28Apr 1Apr 5Apr 9Apr 13Apr 17Apr 21
Daily Transactions — 4 Weeks
Unique Wallets — 4 Weeks3K4K5K6KMar 24Mar 28Apr 1Apr 5Apr 9Apr 13Apr 17Apr 21
Unique Wallets — 4 Weeks

At a Glance


MegaETH’s baseline has been steady for weeks, but Tuesday (Apr 21) was a step up: the busiest day in the last 14 days on average TPS, and the highest total transaction day in the past 4 weeks. Despite broader risk-off market conditions, onchain usage (especially DEX + lending) looked constructive, with a notable jump in unique wallets.

The Week So Far

TPS has been stable-to-slightly-firmer over the past two weeks: this week is averaging 26.3 TPS versus 26.0 TPS last week (+1.4%), with the familiar weekend dip intact (25.6 TPS this weekend vs 25.1 last weekend). Tuesday (Apr 21) stood out as the top day in the 14-day window at 28.2 TPS average (31.7 peak), while the quietest was Saturday (Apr 11) at 24.9 TPS.

TPS — Last 14 Days25262728Apr 7Apr 9Apr 11Apr 13Apr 15Apr 17Apr 19Apr 21
TPS — Last 14 Days

From the network-wide daily stats, Apr 21 also set a local high for throughput at 2.43M transactions, paired with 4.8K unique wallets—well above the 3.1K seen on Apr 20 and a meaningful bounce from the 2.6K low on Apr 15. Failure rates remain contained at the network level (0.1% on Apr 21), suggesting the extra load was handled cleanly.

One ecosystem caveat worth keeping in mind: MegaETH TVL is $88.6M, down 20.0% versus 7 days ago. Activity is still there, but capital onchain is meaningfully lighter than mid-month—consistent with cautious broader market sentiment.

The Day

Apr 21 had a “flat morning, strong afternoon” profile. The chain held ~26–27 TPS for most of the early UTC hours, then ramped from 12:00–17:00 UTC (28.1 → 31.7 TPS). Evening stayed elevated and choppy (high-20s to low-30s TPS), with a few brief bursts that don’t show up in hourly averages.

TPS — Today Hourly2627282930313200:0003:0006:0009:0012:0015:0018:0021:0022:00
TPS — Today Hourly

Kumbaya and Avon drove most of the visible app-level activity. Kumbaya posted 35.6K txs and 10,321 Mgas with 1,288 unique callers (https://miniblocks.io/dapps/kumbaya), while Avon logged 23.3K txs and 7,742 Mgas with 1,203 callers (https://miniblocks.io/dapps/avon). Both were also flagged for very large day-over-day volume jumps (Kumbaya: +2606% to 28,949 txs in one window; Avon: +2675% to 22,573 txs), which reads like a coordinated step-up in usage and/or automation rather than a gradual drift.

Outside the top two, activity was thinner and more specialized. Crossy Fluffle came in at 1.9K txs (10 callers) and was flagged -81% vs the prior window (https://miniblocks.io/dapps/crossy-fluffle), while smaller apps (Ferdy.bet, Intraverse, TopStrike) contributed modest, steady traffic.

The most “mechanical” story on the contract side was a set of sharp, rate-normalized volume surges:

A genuine “new arrival” also showed up: 0x7e725c54c9a1c0f19c0a969bdfa1004edccd6d8c, first seen ~18.7 hours ago, already at 3,977 txs from 91 callers and still active—enough distribution to look like more than a single-wallet script (https://miniblocks.io/contracts/0x7e725c54c9a1c0f19c0a969bdfa1004edccd6d8c).

For deeper poking around on what drove the bursts, the Insights feed is the fastest starting point (https://miniblocks.io/insights).

Top DApps — 24h TransactionsKumbaya35.6KAvon23.3KCrossy Fluffle1.9KFerdy.bet1.3KShowdown415Intraverse346Canonic172TopStrike96
Top DApps — 24h Transactions

Health Check

At the network level, Apr 21 was clean: 0.1% failed transactions (3.1K failed out of 2.43M), continuing the low-failure regime seen on Apr 20 (0.2%). Nothing suggests broad congestion or systemic instability.

Two “spiky but contained” performance events were worth noting:

These look like short-lived bursts (likely automation, batching, or event-driven trading) rather than a sustained step-change in demand.

One localized reliability signal: MegaETH - USDm saw a failure spike of 17.6% around 22:00 UTC (49/279 failed). Given the narrow time window, this is more consistent with bot pressure, race conditions, or deliberate contract-level checks than a chain-wide problem.

The Takeaway

Apr 21 combined higher throughput (28.2 TPS, 2.43M txs) with a real jump in participation (4.8K unique wallets), led by Kumbaya and Avon’s heavy routing. The only real “watch item” is the emergence of very bursty, contract-driven load (World Markets - Exchange) plus a brief USDm failure pocket—neither looks alarming at the network level, but both are worth keeping an eye on if they repeat.

On the Road to TGE (https://www.megaeth.com/token), app qualification remains at 7/10, USDm progress is at 13% of the $500M target ($62.9M circulating; $17.2M deposited in apps), and no apps cleared the $50K/day fee bar on Apr 21 (total fees across all apps: $28K). Activity is picking up, but the fee-based criterion still isn’t close.

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.
2026-04-20