MegaETH Daily Digest — May 01, 2026

At a Glance

• Network↑: 36.0 TPS average on Friday, up from Thursday’s 34.5 (with an intraday spike to 263.0 TPS at 14:43 UTC)
• Volume↑: 3.12M total transactions, up from 2.98M on Thursday
• Users↓: 19.0K unique wallets, down sharply from Thursday’s 39.7K (still well above the prior baseline)
• Top app: Kumbaya led DApps by activity (17.4K txs; 2,692 unique callers) — https://miniblocks.io/dapps/kumbaya
• Health: 0.6% network failure rate (normal)
• Signal: a new high-volume contract, 0xc3c0a60ac1d63ce359711a52ce033d94ac4c1092, continued to dominate bursts of throughput and saw a localized failure spike — https://miniblocks.io/contracts/0xc3c0a60ac1d63ce359711a52ce033d94ac4c1092

MegaETH stayed in “busy week” mode on May 01: another step up in sustained TPS and a second consecutive day above 2.9M transactions. The main shift from Thursday wasn’t volume — it was participation, with unique wallets cooling from an extreme one-day spike while activity stayed elevated.

The Week So Far

This week’s cadence has been trending upward: the average TPS for the week is 29.2 TPS versus 27.0 TPS last week (+8.2%), and the last 7 days are up +19.7% by the provided activity trend. Weekends still show the familiar dip (25.9 TPS this past weekend vs 25.6 TPS the weekend before), but weekday demand has clearly been building into month-end.

On the “who’s here” side, the last few days were unusually volatile. Unique wallets ran in a typical 3–10K band through most of April, then jumped to 39.7K on Apr 30 before settling to 19.0K on May 01. That looks less like gradual user growth and more like a burst of new/one-off participants mixed with automated activity.

Current market conditions remain cautious, but on-chain behavior is moving independently: MegaETH TVL is roughly flat day-over-day (-0.3%) while still massively higher than a week ago (+498.0% vs $99.3M). Stablecoin supply is 487.2M total ($360.1M minted, $127.1M bridged), which helps explain why DEX and routing activity is showing up prominently.

The Day

Friday’s hourly rhythm was steady overnight (mostly high-20s to mid-30s TPS), then accelerated hard from midday into late afternoon. The day’s sustained peak hour was 14:00 UTC at 52.9 TPS, with another strong block from 15:00–17:00 UTC (51.5–51.1 TPS). Even after the peak, the evening held in the 31–42 TPS range rather than snapping back to baseline.

On apps, DEX activity remained the most legible “real user” anchor:

• Kumbaya posted 17.4K txs and 17,760 Mgas with 2,692 unique callers (largest in the DApp table) — https://miniblocks.io/dapps/kumbaya
  The router contract Kumbaya - Swap Router 02 is a good starting point for drilldowns when Kumbaya spikes — https://miniblocks.io/contracts/0xe5bbef8de2db447a7432a47eba58924d94ee470e
• GMX was second by gas (14,626 Mgas) on only 3.2K txs, consistent with heavier per-tx execution — https://miniblocks.io/dapps/gmx
• Prism showed broader caller distribution (870 unique callers on 2.8K txs), and its aggregator saw both throughput and failure volatility later in the day — https://miniblocks.io/dapps/prism and https://miniblocks.io/contracts/0x0be268ebb2114c39ca817fff66503d4785ed019a

Where the day got unusual was in contract-level burstiness. The new contract 0xc3c0a60ac1d63ce359711a52ce033d94ac4c1092 is the headline: 628,584 txs since first seen ~36 hours ago, 399 callers (~1575 tx/caller), and it accounted for 10.3% of network volume. It was also flagged as the top contributor during the 263.0 TPS spike window — https://miniblocks.io/contracts/0xc3c0a60ac1d63ce359711a52ce033d94ac4c1092.

Gas had its own microburst: network gas peaked at 320.4 Mgas/s at 02:37 UTC, with 0xdc24cea2ba7b6ed0b54f907087d70aadb99b26ef identified as the top contributor in that window — https://miniblocks.io/contracts/0xdc24cea2ba7b6ed0b54f907087d70aadb99b26ef. Because the hourly series never gets close to that level, this reads like a short-lived spike rather than sustained congestion.

Finally, several “flash” contracts appeared and then went quiet — including 0x6d0aa61ee710958d5aaacc4654e395c08902ec81 (122,670 txs in 3.5h) and 0x5083fc3735fe93b1d809476da913b33432fa0be0 (31,520 txs in 4.2h). These patterns are consistent with tightly scripted activity bursts rather than organic user flows.

Health Check

At the network level, May 01 was clean: 0.6% failed transactions (20.2K failed out of 3.12M), a big improvement from Apr 30’s 1.7%. Nothing here suggests systemic instability.

The noise was localized:

• 0xc3c0a60ac1d63ce359711a52ce033d94ac4c1092 hit a 49.7% failure pocket around 19:00 UTC (2,500/5,028 failed). Given the high tx/caller ratio and burst contribution, bot competition, throttling, or intentionally revert-heavy mechanics are plausible drivers.
• Prism - DEXAggregator saw 73.0% failures around 18:00 UTC (322/441), which is elevated even against its already-high baseline (28.6% ± 22.1%) — https://miniblocks.io/contracts/0x0be268ebb2114c39ca817fff66503d4785ed019a
• Kumbaya had two smaller failure spikes: 10.7% around 11:00 UTC and 17.6% around 22:00 UTC — https://miniblocks.io/dapps/kumbaya

On the gaming/collection side, “It’s The Season” contracts also showed revert clusters (e.g., CardCoordinator 17.8%, GrowthCard 17.9%), the kind of pattern that often comes from contention mechanics rather than broad UX breakage — https://miniblocks.io/contracts/0x95b4cc4f41d9c9176d731594a3c79bd99c9b9cd4.

The Takeaway

May 01 was the busiest day in the last two weeks by sustained TPS: 36.0 TPS average with sharp intraday spikes that look contract-driven. DEX usage (Kumbaya/GMX/Prism) stayed strong alongside heavy automated bursts from new contracts, especially 0xc3c0a60ac1d63ce359711a52ce033d94ac4c1092.

For TGE watchers, activity is coming from apps already on the “Road to TGE” list (Kumbaya and Showdown), but the program status still sits at 6/10 Live Mafia apps and fees remain at $0K for the day — https://www.megaeth.com/token. The near-term story is throughput and burst mechanics, not fee generation milestones.