Updated

MegaETH Daily Digest — June 06, 2026

Daily Transactions — 4 Weeks2.4M2.6M2.8M3.0MMay 9May 13May 17May 21May 25May 29Jun 2Jun 6
Daily Transactions — 4 Weeks
Unique Wallets — 4 Weeks3K4K5K6K7K8K9KMay 9May 13May 17May 21May 25May 29Jun 2Jun 6
Unique Wallets — 4 Weeks

At a Glance


MegaETH stayed busier than last week overall, but Saturday cooled off from Friday’s high-water mark. Activity also continues to look “throughput-heavy, user-light”: transactions remain elevated while unique wallets sit near recent lows, which usually points to automation and a small set of power users dominating blockspace.

TPS — Last 14 Days262830323436May 23May 25May 27May 29May 31Jun 2Jun 4Jun 6
TPS — Last 14 Days

The Week So Far

Over the last 7 days, network activity has been climbing (+13.5%), and this week’s average throughput (31.4 TPS) is running above last week (28.5 TPS, +10.2%). The strongest day in the last two weeks was Friday (36.1 avg TPS / 44.5 peak), while the quietest was May 23 (26.7 avg TPS).

Under the hood, the 4-week view shows the same split: daily transactions pushed up into the 2.94M–3.11M range on June 4–5, but unique wallets have compressed to the low 3.0K–3.2K range since June 3 (after 7.3K–8.3K on June 1–2). In current market conditions, this “fewer participants, more repetition” pattern is common—bots and systematic strategies keep running even when discretionary users step back.

DeFi capital also continues to drift lower: MegaETH TVL is $117.8M, down -22.1% from 7 days ago. That backdrop makes it even more notable when activity spikes are driven by a handful of contracts rather than broad-based participation.

The Day

Saturday averaged 31.5 TPS with a 39.4 TPS daily peak—still a solid weekend, but clearly off Friday’s pace. The day’s shape was front-loaded: a sharp burst in the 04:00–05:00 UTC window (39.4 then 38.6 TPS) followed by a long stretch of steadier ~29–33 TPS, fading to 28.1 TPS around 21:00 UTC.

TPS — Today Hourly2830323436384000:0003:0006:0009:0012:0015:0018:0021:0022:00
TPS — Today Hourly

On the app side, World Markets dominated raw volume with 417K txs and 135,575 Mgas—but only 32 unique callers. That’s consistent with automated execution loops or a small set of high-frequency operators. If you want to inspect the main venue behind that flow, start with the World Markets - Exchange contract.

Euphoria was the more “distributed” DeFi footprint: 92.9K txs with 1000 unique callers, plus an hourly spike of 17,236 tx/h around 00:00 UTC. That kind of burst can come from keepers, rebalance automation, or coordinated user actions, but the caller count suggests it wasn’t purely one actor. The most direct contract touchpoint in the dataset is Euphoria - MegaUSDTokenProxy.

Elsewhere, Offshore Protocol still posted 19.0K txs, but was flagged down materially vs its prior 24h baseline (-57%). Kumbaya similarly softened (-56% vs prior 24h), landing at 2.9K txs and 144 unique callers—worth watching because it’s also one of the apps counted toward the “Live Mafia Apps” TGE track.

A couple smaller shifts stood out:

Finally, two non-labeled contracts showed late-hour throughput bursts around 22:00 UTC: 0xd35ab0d94ffc00f01964416f0c752eb013e09bda (1,983 tx/h) and 0x6fa2c39b14396a8d7b947d00edc96cd0351d5909 (1,322 tx/h). Both look like discrete “jobs” rather than day-long user demand.

Top DApps — 24h TransactionsWorld Markets416.7KEuphoria92.9KOffshore Protocol19.0KKumbaya2.9KIntraverse822gTrade | Gains Ne…751Ferdy.bet739Smasher280
Top DApps — 24h Transactions

Health Check

Network-level reliability remained clean: 0.4% failed transactions (10.4K failed out of 2.72M). That’s slightly higher than Friday’s 0.3%, but still well within the “normal” band for MegaETH.

The notable performance signals were intensity spikes rather than sustained degradation:

Given the concentration, these read more like bursty automation than broad user-driven congestion—worth investigating, but not inherently alarming.

The Takeaway

June 06 was a typical “weekend dip” day in shape, but still running above last weekend’s baseline: throughput stayed healthy while participation stayed narrow at 3.0K unique wallets. The main story was concentrated activity—especially World Markets volume and the one-contract gas/s extreme—which fits a market environment where automated strategies keep operating even as risk appetite is subdued.

On the TGE front, progress remains mostly unchanged: “Live Mafia Apps” sits at 6/10 with Kumbaya and Cap Money listed among qualified apps, but the fee-based track still shows no apps above the daily threshold. For the latest criteria and counts, see 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.
2026-06-05