MegaETH Weekly Report — Week 13 (Mar 23 – Mar 29, 2026)
MegaETH closed Week 13 with 14.60M total transactions, down from 15.87M last week (-8.0%), but the more meaningful shift was participation: average daily unique wallets fell to 3.5K (prev 5.4K, -34.9%). Throughput stayed remarkably steady—this was a “flat” week operationally—while a single high-volume contract concentrated most failed execution, nudging the network failure rate up to 0.6% (prev 0.5%). In short: stable baseline usage, softer breadth, and failures that look driven more by localized contract dynamics than broad network instability.
Network Activity
Week 13’s rhythm was consistent: daily transaction totals stayed within a tight band (2.03M–2.16M), without the kind of midweek surges seen in the prior week. The busiest day was Friday (2026-03-27) at 2.16M tx, matched by Monday’s 2.16M, while the quietest was Saturday (2026-03-28) at 2.03M tx. This steadiness in total activity contrasts with the sharper week-over-week drop in wallet counts, suggesting more repeated usage by a smaller active set rather than broad-based onboarding.
From a participation standpoint, the week built from a subdued start into a brief late-week peak. Monday opened at 3.6K wallets and a relatively elevated 1.3% failure rate (27.9K failed), then normalized sharply: Tuesday posted 3.2K wallets with just 0.1% failed (2.4K), and Wednesday reached the cleanest execution of the week (631 failed; displayed as 0% fail). Thursday and Friday were the “high-water mark” for unique wallets—4.2K then 4.5K—before the weekend cooled to 2.8K–2.9K wallets on Saturday/Sunday.
Performance metrics reinforced the “steady-state” feel. Average TPS ranged from 23.5 to 25.1 across the week, with the highest peak TPS on Monday (33.2). Gas usage tracked similarly: average gas sat around 6.9–7.4 Mgas/s, with Monday again the high watermark (10.3 peak Mgas/s). The key story is not capacity pressure; it’s that demand remained consistent while user breadth contracted.
DApp Leaderboard
Gaming reclaimed the top of the activity stack, and the leaderboard’s biggest move was decisive: Crossy Fluffle jumped to #1 with 96.1K weekly transactions, up +203% from 31.7K. That kind of growth, in a week where the network’s unique wallets fell materially, points to sustained, high-frequency interaction patterns rather than a one-time migration of broad user attention.
Second place Kumbaya (DEX) slipped to 59.0K (-19% WoW). In the current market conditions, that mix—lower DEX activity alongside stronger gaming loops—fits a risk-off behavioral pattern: users keep doing “in-app” actions while dialing back on more discretionary trading flows. The decline wasn’t isolated: Prism (DEX) fell 29% WoW to 35 tx, while Canonic managed a modest +17% to 7.9K.
The other standout mover was Avon (lending), which rose to 38.0K (+49% WoW). Avon’s gain alongside Kumbaya’s decline is a meaningful compositional shift: on a lower-participation week, the network’s “sticky” activity leaned toward repeated gaming actions and lending interactions more than DEX churn. Ferdy.bet (GambleFi) also expanded sharply to 17.4K (+149% WoW), reinforcing that the week’s growth pockets were high-frequency consumer-style apps rather than broad DeFi rotation.
At the mid-tail, TopStrike fell hard to 3.9K (-66% WoW) and posted an unusually high 65.9% failure rate (2.6K failed). That pattern is consistent with bot contention or race mechanics (rather than “broken UX”): when execution is competitive, many submissions can legitimately revert. GMX appeared as a new entrant with 413 tx. NFTs remained quiet: MegaPunks dropped to 146 (-81%), while Rarible doubled from a small base (24, +100%).
Notable Contracts
The week’s contract-level story is dominated by one address: World Markets - Exchange (0x5e3ae52eba0f9740364bd5dd39738e1336086a8b). It posted 895K txs and 74.5K failed—and importantly, those 74.5K failures account for most of the network’s 81.7K failed transactions this week. That concentration matters because it reframes the week’s slightly higher network failure rate (0.6%) as a localized phenomenon: a single exchange-style contract can dominate the revert surface without implying systemic instability.
The second standout is 0x08366085a9ff9a5870f3cebd9fc2af456572783c: 101K txs with essentially perfect execution (1 failed). In weeks where unique wallets are down, contracts like this can indicate automated or programmatic flows continuing uninterrupted—high-volume, low-friction activity that sustains baseline throughput.
Other notable unlabeled/high-volume contracts suggest a continuing “gray zone” of activity outside the current DApp registry—worth tracking via the Contracts Explorer when new sources of volume emerge:
- 0x328c38cb445cde29ab50c178186439e080ca0813: 66.0K txs, 115 failed
- 0xf2fdff7942c0de4e95f3c4cc335bdd5e4ae2d46d: 61.6K txs, 0 failed
- 0x0e12e3d1903237332437c79429591874f99585f4: 28.6K txs, 190 failed
- MegaETH - USDm (0xfafddbb3fc7688494971a79cc65dca3ef82079e7): 8.4K txs, 2 failed
- Gains Network - GNSMultiCollatDiamond (0x2d5b1ba6e2093a5b927fe5bf8c049b107de31eaf): 5.9K txs, 54 failed
- 0xb8ce59fc3717ada4c02eadf9682a9e934f625ebb: 5.8K txs, 0 failed
- 0x2f60c294fa46a29ad5b4e1f58e3d58863901dfaf: 5.2K txs, 382 failed
- 0x03c7632ed8780bc1e6ccbaf9ec6a1b4f84225601: 5.0K txs, 574 failed
Reliability & Health
At the network level, MegaETH looked healthy: 0.6% weekly failure rate with clean midweek execution (Tuesday at 0.1%, Wednesday displayed as 0%). Failures were episodic rather than compounding, with visible spikes on Monday (1.3%), Friday (0.9%), and Saturday (0.9%)—but the pattern is best explained by where failures originated, not by generalized degradation.
The most important reliability observation is concentration. The World Markets - Exchange contract’s 74.5K failed transactions sit next to the network total of 81.7K failed, meaning week-level reliability optics were largely dictated by a single high-volume venue. This is consistent with bot-heavy order submission, price movement contention, or intentional reverts under certain conditions (e.g., stale quotes or access checks). It’s also consistent with MegaETH’s 10ms block environment, where highly competitive interactions can generate large revert volumes without necessarily impacting confirmation times for other traffic.
At the DApp layer, TopStrike was the clear outlier at 65.9% failure rate (2.6K failed). Given its low absolute volume (3.9K tx), this is unlikely to be a networkwide issue; it reads more like transaction contention (bots or timing windows). Elsewhere, failures were low: Sir Trading showed 1 failed tx (1.4%), and WarpX had a 25% failure rate on just 8 tx—too small a sample to generalize.
Market & Ecosystem Context
Broader market sentiment remained decisively cautious throughout the week, and the on-chain picture aligns with that: unique wallets fell sharply WoW even as aggregate transactions held up. In that environment, it’s notable that the biggest activity gains landed in high-frequency gaming (Crossy Fluffle) and app-centric financial loops (Avon), while DEX activity softened (Kumbaya -19%). This is a defensible posture by users: fewer new entrants, steadier repeat interactions by incumbents.
On TGE progress, the “Road to TGE” dashboard remains a focal point, but Week 13 didn’t show a clear acceleration toward the thresholds. The program currently lists LIVE MAFIA APPS at 5/10 (with Kumbaya, Showdown, and Avon among qualified apps), while the $500M USDM track sits at 12% ($62.1M circulating). The fee-based track remains well below the per-app target: no apps were above $50K today, and recent daily fee snapshots show Cap at $11K and Kumbaya at $2K. For context and ongoing monitoring, see https://www.megaeth.com/token.
Week Ahead
Watch whether the network’s participation base rebounds from 3.5K average daily wallets, or whether usage remains concentrated among repeat actors. On the competitive side, the key question is whether Crossy Fluffle can sustain its #1 position, and whether Kumbaya stabilizes after a down week. Finally, keep an eye on whether World Markets - Exchange continues to dominate failure volume—if it does, week-level reliability optics will remain more about that venue’s transaction dynamics than overall chain health.