Updated

MegaETH Daily Digest — May 11, 2026

Daily Transactions — 4 Weeks2.0M2.5M3.0M3.5M4.0MApr 13Apr 17Apr 21Apr 25Apr 29May 3May 7May 11
Daily Transactions — 4 Weeks
Unique Wallets — 4 Weeks010K20K30K40KApr 13Apr 17Apr 21Apr 25Apr 29May 3May 7May 11
Unique Wallets — 4 Weeks

At a Glance


Monday, May 11 was a steady “back to weekday” session: a modest pickup in throughput, transactions, and wallets versus Sunday, while staying within the tight activity band MegaETH has held for most of the past week. Broader market conditions felt more balanced, and onchain activity reflected that—busy enough to be healthy, without the weekend-style volatility seen earlier in the month.

The Week So Far

MegaETH has settled into a stable cadence after the late-April/early-May surge. Over the last 7 days, average TPS has been essentially flat (stable to slightly down), and Monday’s 29.8 TPS sits right in that range.

Week-over-week, the network is running cooler: this week’s average is 28.9 TPS versus last week’s 32.8 (-12.0%). The change is most obvious on weekends—this weekend averaged 28.3 TPS versus 37.5 the prior weekend—suggesting the earlier weekend spike (notably May 2) was more event-driven than a new baseline.

From a participation lens, daily unique wallets have normalized to mid–single-digit thousands after the April 30 outlier (39.7K). May 11’s 7.5K is consistent with that “settled” range, and the network failure rate has remained low (0.3% on May 11), with no sustained signs of stress.

TPS — Last 14 Days2530354045Apr 27Apr 29May 1May 3May 5May 7May 9May 11
TPS — Last 14 Days

The Day

The hourly rhythm on May 11 was clean and readable: softer pre-dawn hours (around 27–28 TPS from 04:00–07:00 UTC), a midday ramp into early afternoon (30–33 TPS from 12:00–17:00 UTC), then a gentle drift back toward ~29 TPS into late evening.

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

On apps, Kumbaya again anchored day-to-day usage with 10.9K transactions and 1,599 unique callers, including an hourly spike to 723 tx/h around 17:00 UTC. That caller count stands out against several “high-tx / low-caller” patterns elsewhere (often a sign of automation, keepers, or concentrated strategies rather than broad user flow).

Pump Party was second by transactions (7.7K) but with only 161 unique callers, and it saw its own activity peak at 1,385 tx/h around 03:00 UTC—more consistent with a small set of power users/bots cycling the same flows than a wide user wave. In DEX land, Prism posted 3.2K txs (440 callers), and Canonic reached 1.7K txs with just 6 callers while also showing a +157% volume jump versus the prior 24h window—worth watching to see if it persists or was a short-lived automation burst.

Compute-heavy flow concentrated in GMX: 1.6K txs consumed 7,294 Mgas, implying materially higher gas-per-transaction than the other top movers. On the gaming side, Showdown recorded 2.0K txs with 1 unique caller (highly automated-looking), while TopStrike (1.3K txs, 172 callers) and Chisino (373 txs, 102 callers) looked more distributed; Chisino also logged a +116% volume increase versus the prior window. Intraverse climbed to 303 txs (+135%), another small but notable uptick.

Two brief network-wide spikes punctuated an otherwise steady day:

One more mechanical note: MegaUSDTokenProxy hit 4,570 tx/h around 21:00 UTC (33% above its recent P95), consistent with periodic token-transfer/settlement waves.

Top DApps — 24h TransactionsKumbaya10.9KPump Party7.7KPrism3.2KShowdown2.0KCanonic1.7KGMX1.6KTopStrike1.3KFerdy.bet492
Top DApps — 24h Transactions

Health Check

Network-level reliability looked good on May 11: 2.57M total transactions with 8.2K failed (0.3%), an improvement from Sunday’s 0.4%. The isolated spikes (57.0 TPS and 462.2 Mgas/s) did not translate into an elevated day-wide failure rate.

One item to keep an eye on: new contract 0x236fe2478d9b98db60f71370a4e72bc8825222d9 appeared ~31 hours ago and has already processed 1.6K txs from 1 unique caller with a 16% failure rate—classic “single-actor automation” behavior. That’s not inherently bad (could be a bot, keeper, or stress-testing), but it’s the kind of pattern that can produce sharp micro-bursts and localized reverts.

The Takeaway

May 11 was a healthy, workmanlike Monday: modestly higher activity versus Sunday, with usage led by Kumbaya’s broad caller base and a mix of smaller, more automated-looking flows elsewhere. The only real oddities were the two short spikes—especially the gas burst concentrated in a single contract—which are worth monitoring for repeat behavior.

On the Road to TGE, nothing material moved: the “Live Mafia Apps” count remains at 6/10 (including Kumbaya and Showdown), while the USDM and fee-based triggers still show no progress. For the community tracking this closely, the day’s activity reinforces which apps are consistently active, but it didn’t shift the milestone math (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.
2026-05-10