MegaETH Daily Digest — May 25, 2026
At a Glance
- Network→: 28.4 TPS on May 25 vs 28.3 on May 24 (+0.3%), with a brief outlier spike to 49.0 TPS at 07:03 UTC
- Volume→: 2.45M tx vs 2.44M
- Users↑: 4.2K unique wallets vs 3.9K
- Top app: World Markets led with 136K txs and 55,059 Mgas on just 62 unique callers (automation-heavy flow)
- Health: 0.3% (normal)
- Signal: short-lived performance extremes (254.1 Mgas/s at 03:17 UTC; 49.0 TPS at 07:03 UTC) didn’t translate into broader-day congestion
MegaETH stayed in a cooler, lower-variance mode on Monday, May 25. Activity held roughly flat versus Sunday, while unique wallets ticked up off the weekend lows—consistent with a cautious broader market backdrop and a network that’s settling after a busier mid-month stretch.
The Week So Far
The last 7 days have been a steady step-down in throughput. This week is averaging 28.9 TPS versus 30.8 TPS last week (-5.9%), and the past weekend was notably softer at 27.5 TPS versus 30.3 TPS the prior weekend (-9.3%). The 14-day range still shows a clear ceiling and floor: the busiest day was 33.4 TPS (May 15) and the quietest was 26.7 TPS (May 23).
Network-wide transaction counts have remained relatively stable day-to-day (generally in the mid‑2M range), but unique wallets have been the bigger tell: after drifting down into the weekend (3.9K on May 24), May 25 bounced to 4.2K. That’s not a breakout—just a mild return of weekday participation.
Failure rates across the period remain well-behaved (sub‑1% most days), which fits the “lower intensity, steady execution” profile rather than a network under stress.
The Day
May 25’s hourly rhythm had two distinct beats: a pre-dawn burst, then a long, flat day. TPS climbed from the high‑20s overnight to a morning high around 06:00–07:00 UTC (31.6–31.9 TPS), then eased back into a stable 27–29 TPS band through the afternoon and evening.
The most notable “how did that happen?” moments were brief and concentrated:
- Network TPS hit an outlier peak of 49.0 TPS at 07:03 UTC, with the top contributor identified as 0x517d695547270b9ee2f3cbb2d7e17efd5dd40eb3 (356 tx in that window). If you want to trace the burst, start here: https://miniblocks.io/contracts/0x517d695547270b9ee2f3cbb2d7e17efd5dd40eb3
- Network gas spiked to 254.1 Mgas/s at 03:17 UTC, and the top contributor during that spike was World Markets (37.4 Mgas in that window). The day’s average gas rate was only 9.0 Mgas/s, so this reads like a short, intense batch of execution rather than an all-day regime change.
On the application side, World Markets dominated by a wide margin: 136K txs, 55,059 Mgas, and only 62 unique callers on the day (highly consistent with automated routing, keepers, or concentrated operators). For a closer look:
- DApp: https://miniblocks.io/dapps/world-markets
- Core contract: https://miniblocks.io/contracts/0x5e3ae52eba0f9740364bd5dd39738e1336086a8b
Euphoria was the broadest “human-looking” footprint in the top set: 35.4K txs with 964 unique callers, plus an hourly spike to 4,705 tx/h around 13:00 UTC (31% above its recent P95). Links for inspection:
- DApp: https://miniblocks.io/dapps/euphoria
- Token proxy contract: https://miniblocks.io/contracts/0x12759afca690637b425ffba3265f0dc2f6242a8d
Offshore Protocol also showed a concentrated activity pop (699 tx/h around 10:00 UTC, 45% above its P95) while maintaining a healthy unique-caller count (694). That profile often matches periodic batching/settlement cycles more than organic “burstiness.”
- DApp: https://miniblocks.io/dapps/offshore-protocol
- BatchResolver: https://miniblocks.io/contracts/0x6e43f31b2c160a3672c681114696667ef219d4c3
Outside the top three, activity was mixed and generally subdued: Kumbaya (2.7K txs, 359 callers) remained the most active DEX in the list, while GMX and gTrade printed relatively high gas usage for their smaller tx counts (1,809 Mgas on 451 txs for GMX; 1,526 Mgas on 904 txs for gTrade). Detected rate-normalized comparisons also flagged cooldowns for Pump Party (-55%), TopStrike (-84%), and Ferdy.bet (-58%), which fits the softer-week trend (and should be read cautiously given measurement gaps).
For a broader scan of where activity is concentrating, the dashboard and heatmap are the fastest “see it yourself” views:
https://miniblocks.io/dashboard
https://miniblocks.io/network-heatmap.html
Health Check
May 25 closed at 0.3% failed transactions (7.8K failed out of 2.45M), down from 0.6% on May 24—squarely normal.
The day did include extreme, short-lived spikes (49.0 TPS and 254.1 Mgas/s). With failures staying contained, these look more like bursty automated execution (or a single-contract wave) than a systemic reliability issue.
The Takeaway
May 25 was a steady “weekday reset” after a softer weekend: flat throughput, slightly higher wallets, and most of the visible intensity coming from a few concentrated flows (World Markets and a single high-contributing contract burst). Nothing in the failure rate suggests user-facing instability.
Road to TGE remains unchanged in substance: Live Mafia Apps are 6/10, and no apps cleared the daily fee threshold; the qualified set includes Cap, Kumbaya, Showdown, and Brix, but their on-chain volume on May 25 wasn’t at the level that would move fee-based milestones. Reference: https://www.megaeth.com/token