MegaETH Daily Digest — June 12, 2026
At a Glance
- Network↓: 28.1 TPS average (28.1 vs 29.0 on Thursday, -3.0%)
- Volume↓: 2.42M transactions (2.42M vs 2.50M)
- Users↓: 2.7K unique wallets (down from 3.0K)
- Top app: World Markets led with 149K txs, but only 20 unique callers (very concentrated flow)
- Health: clean — 0.1% failed transactions
- Signal: short-lived bursts hit 138.0 TPS / 254.8 Mgas/s, concentrated in 0xeee51aa5e5489726818a3174b1d560128ee063ad and 0xce0042b868300000d44a59004da54a005ffdcf9f
Friday, June 12 was a quieter, lower-variance day for MegaETH: throughput eased slightly, transaction volume slid, and unique wallets ticked down again. In current market conditions, the headline is stability—most of the day’s “spikiness” came from very narrow contract-driven bursts rather than broad demand.
The Week So Far
MegaETH has been settling into a steady band after last week’s high-water mark: the 14-day busiest day was June 5 at 36.1 avg / 44.5 peak TPS, and the last seven days have drifted lower overall (stable over the last 7 days at -4.0%). By the two-week view, this week is running at 30.0 TPS on average versus 30.9 TPS last week (-3.1%).
On the “who’s here” side, unique wallets have been notably compressed since early June—June 12 printed 2.7K unique wallets, the lowest in the provided 4-week window. Total transactions show the same cooling from the June 5 peak (3.11M) down to 2.42M on June 12, suggesting the network is active but currently driven by fewer distinct senders and more repeat/automated flows.
The Day
June 12’s hourly rhythm was mostly flat-to-soft: a steady 27–28 TPS through most of the morning, a mild ramp into early afternoon (peaking at 30.2 TPS around 14:00 UTC), then a fade into the late evening (down to 26.5 TPS by 22:00 UTC). Gas followed the same gentle shape, with a small evening lift (10.0 Mgas/s at 18:00 UTC).
App activity was top-heavy and polarized between “many tx, few callers” and “fewer tx, more callers”:
- World Markets dominated raw volume with 149K txs and 23,053 Mgas, but only 20 unique callers. That caller/tx mix is consistent with a small set of actors (often automation) doing the majority of interactions.
- Offshore Protocol followed with 34.9K txs and 19,159 Mgas across 84 callers. It also saw a distinct intra-day burst: 3,278 tx/h around 09:00 UTC (25% above its P95), even though the network-level TPS at 09:00 UTC remained moderate (28.3 TPS).
- Euphoria was the broadest “human-looking” footprint among the leaders: 30.2K txs with 996 unique callers, standing out sharply versus the highly concentrated leaders above it.
In the mid-tier, activity was present but not widespread: Kumbaya posted 3.0K txs (66 callers), TopStrike did 3.2K txs (122 callers), and gTrade | Gains Network was gas-heavy relative to its 1.1K tx count (1,929 Mgas), which is typical of more complex onchain actions.
A couple of smaller signals were worth noting:
- Ferdy.bet registered 1.3K txs (6 callers) on the 24h leaderboard, and detectors flagged sharp rate-normalized growth versus the prior day (up to 792 tx in a 24h window depending on the measurement slice). With caller counts this low, the move is likely driven by a small number of actors rather than broad uptake.
- The “Uniswapv3Rebalancer” label was flagged down 66% (456 → 122 txs). That kind of step-down often aligns with bots backing off or strategies pausing—worth tracking, but not necessarily a problem.
Health Check
Network execution quality was strong: 0.1% failed transactions (2.9K failed out of 2.42M). Nothing here suggests user-facing instability at the network level.
The main anomaly was microburst behavior rather than sustained congestion: detectors caught an instantaneous TPS peak of 138.0 TPS (1480% above the period P95) and a gas/s peak of 254.8 Mgas/s (11465% above the period P95). Both were concentrated in single contracts—0xeee51aa5e5489726818a3174b1d560128ee063ad (175 tx in the spike window) and 0xce0042b868300000d44a59004da54a005ffdcf9f (276.0 Mgas in the spike window). This pattern is often consistent with automated bursts (bots, keepers, batch execution) and is not automatically negative—but it is worth keeping an eye on if it repeats.
The Takeaway
June 12 was a calm day overall: lower TPS, lower volume, and the lowest unique-wallet count in the last four weeks, with failures staying minimal. The most meaningful “action” was concentrated—World Markets by transaction count, and two contracts driving brief performance spikes—while Euphoria stood out for reaching the widest set of callers.
On the Road to TGE, the program remains at 6/10 Live Mafia Apps, with 0 apps above the $50K/day fee threshold and $0K total fees reported for the day; if you’re tracking what needs to change, that status page is here: https://www.megaeth.com/token.