Updated

MegaETH Daily Digest — May 06, 2026

Daily Transactions — 4 Weeks2.0M2.5M3.0M3.5M4.0MApr 8Apr 12Apr 16Apr 20Apr 24Apr 28May 2May 6
Daily Transactions — 4 Weeks
Unique Wallets — 4 Weeks010K20K30K40KApr 8Apr 12Apr 16Apr 20Apr 24Apr 28May 2May 6
Unique Wallets — 4 Weeks

At a Glance


MegaETH looked stable on May 06: slightly higher throughput than May 05, with a clear step up in unique wallets while overall transaction volume stayed in the same ~2.5M/day band. Against the backdrop of improving DeFi conditions on-chain over the past week, the day read more like steady usage with a couple of short-lived spikes than a full-on surge.

TPS — Last 14 Days2530354045Apr 22Apr 24Apr 26Apr 28Apr 30May 2May 4May 6
TPS — Last 14 Days

The Week So Far

This week has settled into a more “normal” cadence after last week’s outsized burst (Apr 30–May 02). Even with activity declining over the last 7 days (-26.5% on the TPS trend), the weekly average TPS is still running higher than the prior week (33.2 TPS vs 27.0 TPS, +23.1%), helped by the unusually hot weekend (37.5 TPS avg vs 25.9 TPS last weekend, +44.6%).

From the network totals, May 04–May 06 are consistent on transactions (2.50M → 2.46M → 2.51M) while unique wallets rebounded meaningfully (8.8K on May 06 vs 7.0K on May 05). That’s a healthier shape than “TPS up, users flat,” and it suggests the post-spike comedown isn’t just a single cohort of automated flow.

DeFi TVL has also repriced higher on a weekly basis (+159.1% vs 7d ago, now $791.4M). Daily change was flat, but the magnitude of the weekly climb matters: it’s consistent with more capital sitting on-chain (and more stablecoin supply available) to keep DEX and routing activity busy, even while broader market sentiment remains measured.

The Day

May 06 was mostly even from hour to hour, with a gentle lift into early afternoon: TPS held a tight band (~27.5–32.6) and peaked at 32.6 TPS at 13:00 UTC in the hourly view.

TPS — Today Hourly2728293031323300:0003:0006:0009:0012:0015:0018:0021:0022:00
TPS — Today Hourly

Under that steady surface, there were two notable micro-bursts picked up by performance alerts:

On the app side, the leaderboard was DEX-forward:

Top DApps — 24h TransactionsKumbaya8.3KPump Party5.3KPrism3.7KShowdown1.7KCanonic1.5KGMX1.3KTopStrike1.3KCrossy Fluffle1.1K
Top DApps — 24h Transactions

A few contract-level moves stood out:

For more context on where these bursts sit in the broader mix, the live views on the Network Heatmap and Insights pages are the fastest way to sanity-check whether this was organic demand, routing concentration, or bot-heavy flow.

Health Check

Network-level reliability improved versus May 05: 0.4% failed transactions (9.1K failed) on May 06 vs 0.7% (17.4K failed) on May 05. Nothing alarming at the chain level.

There were, however, a few localized failure spikes worth noting (often consistent with bots, race conditions, or deliberate reverts during high-competition execution):

The Takeaway

May 06 was a steady, slightly improving day: 29.1 TPS, 2.51M transactions, and a meaningful jump to 8.8K unique wallets, with network-level failures staying low. The main story is concentrated DeFi/routing activity creating short-lived spikes (not a sustained throughput regime change), while the ecosystem’s larger weekly TVL expansion continues to provide a supportive backdrop for DEX-heavy days.

On the TGE watch, there was no visible milestone change: “Live Mafia Apps” remains at 6/10, with Kumbaya and Showdown among the qualified set, but the fee and USDm tracks show no progress yet per the program status at https://www.megaeth.com/token.

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.
2026-05-05