MegaETH Daily Digest — May 03, 2026

Daily Transactions — 4 Weeks

Unique Wallets — 4 Weeks

At a Glance

Network↓: 28.3 TPS average, down -39.3% from Saturday (46.6)
Volume↓: 2.44M total transactions, down from 4.01M
Users↓: 7.4K unique wallets, down from 10.4K
Top app: Kumbaya led with 7.3K txs and 1,264 unique callers (DEX-heavy day overall) — https://miniblocks.io/dapps/kumbaya
Health: elevated (1.1% failed TX), but far cleaner than Saturday’s 4.3%
Signal: brief micro-bursts still punched above the day’s flat baseline (gas to 319.1 Mgas/s; TPS to 74.0) without turning into a sustained surge

MegaETH cooled off on Sunday, May 03 after Saturday’s outsized burst, settling back into a steadier weekend cadence. Even with the pullback, the last week remains clearly busier than the prior one, and DeFi-side growth continues to add background load in a more sustained way.

Current market conditions stayed cautious, and the onchain behavior fit: fewer unique wallets than the late-week highs, but plenty of automated throughput and DEX routing.

The Week So Far

Over the last 14 days, the network’s baseline has stepped up: this week is averaging 32.5 TPS versus 27.1 TPS last week (+20.2%), with the last 7 days up +32.8% on trend. The weekend pattern has shifted upward too: this weekend averaged 33.6 TPS versus 26.0 TPS last weekend (+29.0%), even after Sunday’s cooldown.

TPS — Last 14 Days

On the “real usage” proxy, unique wallets remain the headline. After a late-week jump to 39.7K unique wallets on Apr 30 (with 2.98M transactions), the following days normalized: 19.0K on May 01, 10.4K on May 02, and 7.4K on May 03. That’s still above the early-April baseline (generally 3–6K/day), but it suggests the recent spike was event-driven rather than a new permanent floor.

DeFi scale continues to rise quickly in the background: MegaETH TVL reached $688.1M on May 03 (up from $594.8M on May 02, and far above $99.1M on Apr 26). That kind of expansion tends to show up as more routing, more rebalancing, and more “bursty” contract-driven activity even when average TPS looks calm.

The Day

Sunday, May 03 was unusually even hour-to-hour: a narrow band around the high-20s TPS most of the day, with no extended “US/EU prime time” ramp. The interesting action was in short-lived spikes that don’t show up in the hourly averages.

TPS — Today Hourly

DEX flow led the app table. Kumbaya was the clear #1 by transactions (7.3K) and unique callers (1,264), pointing to broad participation rather than a single dominant operator. Prism also stayed active (1.8K txs; 562 unique) — https://miniblocks.io/dapps/prism — while GMX stood out for gas intensity (7,023 Mgas on 1.5K txs), suggesting heavier per-tx work even in a cooler session — https://miniblocks.io/dapps/gmx.

Top DApps — 24h Transactions

A few leaderboard entries looked highly automated based on caller concentration: Showdown posted 2.1K transactions from 1 unique caller — https://miniblocks.io/dapps/showdown — and Canonic ran 1.3K transactions from 5 unique callers. That fits the broader theme of May 03: fewer wallets overall, but plenty of scripted throughput.

Under the hood, three contract-level stories mattered most:

A sharp gas-per-second spike to 319.1 Mgas/s hit at 09:35 UTC, led by contract activity at https://miniblocks.io/contracts/0xdc24cea2ba7b6ed0b54f907087d70aadb99b26ef (29.9 Mgas attributed in the window). This looks like a short, concentrated burst rather than a daylong load increase.
A brief TPS micro-peak to 74.0 TPS occurred at 00:20 UTC, with the top contributor identified as https://miniblocks.io/contracts/0xea5df9b3872a80b05b878c09776a559bd8d4e6ac (278 tx in the window).
Late in the day, World Markets - Exchange printed a meaningful throughput hour: 10,405 tx/h around 22:00 UTC (82% above its P95), worth keeping an eye on for repeat behavior — https://miniblocks.io/contracts/0x5e3ae52eba0f9740364bd5dd39738e1336086a8b

Two additional “plumbing” spikes are consistent with the broader DeFi expansion: MegaUSDTokenProxy hit 1,512 tx/h around 03:00 UTC — https://miniblocks.io/contracts/0x12759afca690637b425ffba3265f0dc2f6242a8d — and https://miniblocks.io/contracts/0x0000000071727de22e5e9d8baf0edac6f37da032 reached 612 tx/h around 09:00 UTC.

Health Check

Network-wide reliability improved substantially from Saturday: 1.1% failed transactions on May 03 versus 4.3% on May 02. That’s still higher than the ultra-low 0.0–0.2% days seen across much of late April, but nothing about May 03 looked like sustained instability.

Two app-adjacent failure spikes stood out and read more like “competition mechanics / routing edge cases” than general network trouble:

Prism - DEXAggregator spiked to a 76.6% failure rate around 02:00 UTC (361/471 failed). Given the context (DEX aggregation), this pattern often aligns with bot contention, stale quotes, or deliberately reverting routes during fast-moving conditions rather than a broad outage — https://miniblocks.io/contracts/0x0be268ebb2114c39ca817fff66503d4785ed019a
Kumbaya hit a 12.6% failure spike around 00:00 UTC (31/247 failed), elevated versus its baseline but localized in time — https://miniblocks.io/dapps/kumbaya

The Takeaway

May 03 was a reset day: 28.3 TPS on average, 2.44M transactions, and 7.4K wallets—cooler than Saturday, but still consistent with a busier week than late April. The big tells were contract-driven micro-bursts (gas and TPS spikes) and DEX-heavy flow, matching the rapid TVL expansion without requiring a sustained network-wide surge.

On the Road to TGE, activity continues to concentrate in already-qualified apps like Kumbaya and Showdown, but May 03 didn’t move the other criteria (no apps above $50K/day in fees; USDM progress unchanged). Reference: https://www.megaeth.com/token