Updated

MegaETH Daily Digest — June 07, 2026

Daily Transactions — 4 Weeks2.4M2.6M2.8M3.0MMay 10May 14May 18May 22May 26May 30Jun 3Jun 7
Daily Transactions — 4 Weeks
Unique Wallets — 4 Weeks3K4K5K6K7K8K9KMay 10May 14May 18May 22May 26May 30Jun 3Jun 7
Unique Wallets — 4 Weeks

At a Glance


MegaETH stayed in its higher-activity regime this week, even as broader market conditions remained cautious and DeFi liquidity continued to thin. Sunday followed the typical weekend step-down from Friday’s highs, but still printed above last weekend’s baseline.

The Week So Far

This week has been meaningfully busier than last: 31.7 TPS on average versus 28.4 TPS last week (+11.6%), with the sharpest push arriving midweek (Jun 04–Jun 05). Friday (Jun 05) was the high-water mark at 36.1 avg / 44.5 peak TPS, and network volume peaked at 3.11M transactions that day before cooling into the weekend.

Unique wallets are the main “mixed signal.” The week opened with a burst (7.3K–8.3K on Jun 01–Jun 02), then fell back into the low-to-mid 3K range from Jun 03 onward, including 3.5K on Sunday. That reads less like a broad retail wave and more like activity consolidating into a smaller set of active operators/bots—consistent with what the top DApps show.

On the DeFi side, ecosystem TVL is down -20.8% week-over-week ($151.3M → $119.8M). It hasn’t stopped transaction throughput, but it does put the week’s usage in a more defensive light: more execution and automation, less “new capital” behavior.

TPS — Last 14 Days2830323436May 24May 26May 28May 30Jun 1Jun 3Jun 5Jun 7
TPS — Last 14 Days

The Day

Sunday ran steady for most of the session: high-20s/low-30s TPS through the morning, a modest midday lift (33.6 TPS at 12:00 UTC), and then a pronounced late spike into the close (37.0 TPS at 22:00 UTC). That last hour was the defining feature of the day.

TPS — Today Hourly283032343600:0003:0006:0009:0012:0015:0018:0021:0022:00
TPS — Today Hourly

World Markets dominated the activity stack: 335K txs and 106,198 Mgas with only 33 unique callers (World Markets). It also produced an app-level burst of 37,038 tx/h around 22:00 UTC—right in line with the network-wide spike window. If you want to trace where the execution concentrates on-chain, start from the app page and then pivot into contract-level views via the Contracts Explorer.

The other meaningful mover was Offshore Protocol at 38.0K txs / 260 callers (Offshore Protocol), with multiple “volume up” flags versus its prior 24h window. Euphoria still brought a wide caller base (1000 unique callers) but at reduced intensity: 27.2K txs and a -71% volume signal versus the previous 24h window (Euphoria). Net: the day’s throughput leaned more “operator-driven” than “broad participation,” even though the wallet count ticked up versus Saturday.

A few smaller DEX/DeFi surfaces showed relative growth off low bases: KyberSwap jumped to 581 txs with a +278% volume signal (KyberSwap), and Prism posted a +141% volume signal (190 txs, 23 callers) (Prism). Kumbaya held a visible presence for a weekend day at 3.5K txs / 117 callers (Kumbaya).

At the contract layer, two addresses stood out in the automated alerts:

For a quick “what’s hot right now” sweep across apps, the DApps catalog and the Insights feed are the fastest pivots.

Top DApps — 24h TransactionsWorld Markets335.4KOffshore Protocol38.0KEuphoria27.2KKumbaya3.5KFerdy.bet1.6KgTrade | Gains Ne…976KyberSwap581Intraverse527
Top DApps — 24h Transactions

Health Check

Network-wide failures remained contained at 0.4% (10.5K failed out of 2.60M total), consistent with Saturday’s 0.4%. No sustained failure drift shows up in the day-level stats.

The only operational “watch item” was the short-lived late spike: 114.0 TPS peak (22:15 UTC) and 491.5 Mgas/s peak (22:30 UTC). Given how concentrated the leading app and the top gas-driving contract were, this looks more like a burst of automated execution than any generalized network stress. Still, it’s worth keeping an eye on whether these late-hour surges recur.

The Takeaway

June 07 was a weekend cooldown in averages (30.1 TPS, 2.60M txs), but not a quiet day—and it finished with a sharp, automation-heavy surge centered on World Markets and a single contract dominating gas. Under cautious market conditions and a notable weekly TVL drawdown, usage is holding up, but it’s skewing toward concentrated operators rather than broad wallet expansion.

On the Road to TGE, the app side remains at 6/10 live mafia apps and no fee thresholds were met; Sunday’s activity didn’t change that picture, though Kumbaya/Cap/Brix remain the relevant names to watch in that rubric (details: 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.
2026-06-06 2026-06-08