MegaETH Weekly Report — Week 15 (Apr 6 – Apr 12, 2026)

MegaETH activity held steady and slightly improved week-over-week, with 15.83M total transactions (+3.7% vs 15.26M) while participation broadened meaningfully: average daily unique wallets climbed to 4.4K (+16.1%). The reliability story was the bigger shift—total failed transactions nearly halved to 83.9K (from 159K), bringing the network failure rate down to 0.5% (from 1%). In a cautious macro backdrop, this week looked less like a “volume breakout” and more like a consolidation week: stable throughput, more distinct users, and fewer execution disruptions.

Network Activity

This week’s rhythm was defined by a strong and consistent weekday baseline, followed by a softer weekend cooldown. Monday and Tuesday set the tone: 2.32M and 2.34M transactions respectively, with Tuesday also marking the week’s busiest day. Throughput stayed tight across the first half of the week—average TPS ranged from 26.4 to 27.1, and peak TPS reached 33.1 on Tuesday—suggesting demand remained robust but not spiky enough to stress the system.

Midweek (Wednesday) shifted the profile from “steady throughput” to “broader participation.” Unique wallets jumped to 5.8K (the weekly peak), well above the prior week’s peak of 4.3K. That wallet expansion coincided with the week’s main reliability blip: failed transactions rose to 23.9K and the daily failure rate hit 1%. Importantly, the week didn’t repeat last week’s midweek instability (when Wednesday reached 2.5% fail); instead, Wednesday was an isolated bump that quickly normalized.

By Thursday and Friday, the network returned to its baseline: 2.28M then 2.23M transactions, with daily failure rates at 0.3% and 0.5%. Gas usage tracked that same “stable-with-one-step-up” pattern—average gas held around 7.6–8.2 Mgas/s early week (Tuesday the highest at 8.2), with peaks of 9.8 Mgas/s on Tuesday and again Thursday, pointing to intermittent periods of more complex execution rather than sustained congestion.

The weekend followed the typical cooling curve: Saturday was the quietest day at 2.15M transactions and the lowest average TPS (24.9), then Sunday ticked up slightly to 2.18M. Unique wallets fell back to 3.5K on Sunday—similar to Tuesday’s 3.5K—reinforcing that this week’s growth came from a midweek participation burst rather than a broad-based weekend expansion. Overall: demand remained predictable; the noteworthy change was that the network handled more distinct participants with fewer failures than the week before.

DApp Leaderboard

The leaderboard’s biggest story was a decisive rotation toward DeFi venues, while last week’s gaming-heavy volumes cooled sharply. At the top, Kumbaya (DEX) nearly doubled to 52.2K transactions (+90% WoW), keeping the #1 spot and establishing a higher baseline rather than a one-day spike. Close behind, Avon (LENDING) surged to 42.5K (+138%), the strongest “scaled” growth move among the leading apps—large enough to matter, and sustained enough to reshape the top tier.

The counterweight was Crossy Fluffle (Gaming): it still ranked #3 at 24.0K, but that’s a dramatic comedown from 209K (-89%). That drop is large enough to read as a regime shift rather than normal variance; it effectively removed the main source of last week’s gaming-driven transaction dominance and opened room for DeFi apps to take share at the top.

The mid-table also rotated toward DeFi and “event-driven” activity. GMX (DEX) jumped to 14.6K (+376%) and Ferdy.bet (GambleFi) rose to 14.5K (+268%). Meanwhile Canonic (DEX) slipped to 6.5K (-20%), implying the DEX gains weren’t uniformly distributed—liquidity and flow concentrated into specific venues this week rather than lifting all DEX activity together.

At the long tail, Prism (DEX) posted the flashiest percentage move (365 tx, +1204%), but remains small in absolute terms. Several gaming apps were flat-to-down: Showdown held at 3.3K (+0%), while TopStrike, Intraverse, and Smasher all declined (down 52%, 18%, and 75%). The net takeaway is competitive: DeFi apps didn’t just grow—they grew into the vacuum created by Crossy Fluffle’s reset, and they did so while the network’s overall failure rate improved.

Notable Contracts

Outside the labeled DApp registry, this week’s on-chain footprint was dominated by a small set of high-volume contracts—enough to materially shape network-wide patterns and reliability metrics.

The centerpiece was World Markets - Exchange (0x5e3ae52eba0f9740364bd5dd39738e1336086a8b): 1.22M transactions with 23.1K failed. That scale is large relative to weekly network volume and is consistent with a venue that’s either driving heavy automation (market-making, routing, or bot interaction) or serving as a high-frequency hub. It’s also a plausible contributor to the week’s midweek failure bump if activity intensified during the Wednesday wallet spike.

The second major unlabeled engine was 0x681e908b8ab57c49c74d770f369754ccc3e1ae09 at 674K transactions with 0 failed—an unusually “clean” profile at high volume that typically aligns with deterministic execution patterns (automation or tightly-controlled call paths) rather than competitive, failure-prone flows.

The clearest “failure hotspot” was 0x0be268ebb2114c39ca817fff66503d4785ed019a: 43.7K transactions with 41.2K failed. That degree of rejection strongly suggests intentional gating, race-condition competition, or bot-driven probing rather than generalized network instability—especially given that overall network failures fell sharply WoW.

Other notable unlabeled contracts (compact view):

• 0x08366085a9ff9a5870f3cebd9fc2af456572783c: 196K txs, 39 failed — high throughput, low rejection.
• 0x328c38cb445cde29ab50c178186439e080ca0813: 96.9K txs, 134 failed — moderate volume, modest failure.
• 0x0e12e3d1903237332437c79429591874f99585f4: 83.5K txs, 552 failed — elevated rejects, but not dominant.
• 0xf2fdff7942c0de4e95f3c4cc335bdd5e4ae2d46d: 64.1K txs, 0 failed — clean execution at scale.
• MegaETH - USDm: 23.0K txs, 15 failed — steady settlement activity.
• WETH: 16.1K txs, 67 failed — typical interaction volume.

If you want to trace these flows in context, the miniblocks Dashboard and Insights pages are the fastest way to correlate contract spikes with network-wide swings.

Reliability & Health

From a reliability standpoint, Week 15 was a clear improvement: network failure rate fell to 0.5% from 1%, and total failed transactions dropped to 83.9K (from 159K). The improvement is visible both in the smoother day-to-day profile and in the absence of any sustained multi-day failure cluster.

Daily failure rates stayed tightly bounded: 0.4% Monday/Tuesday, a single-day rise to 1% Wednesday, then 0.3% Thursday, 0.5% Friday, 0.6% Saturday, and 0.4% Sunday. The Wednesday bump aligns with the week’s peak unique wallets (5.8K), which is consistent with a “more participants, more contention” dynamic rather than a systemic degradation—especially since throughput (2.33M tx) remained near the weekly average.

At the DApp layer, a few apps showed elevated failure rates, but the patterns fit common competitive/launch dynamics rather than simple instability:

• GMX: 4.3% failure rate (627 failed) during a +376% WoW growth week—often a sign of more competitive transaction submission (automation, timing-sensitive execution).
• NOXA Fun: 7.1% (1 failed) at very low volume—statistically noisy.
• WarpX: 18.2% (2 failed) on 11 transactions—also noise-dominated.

The most consequential “reject concentration” remains contract-specific: 0x0be268ebb2114c39ca817fff66503d4785ed019a produced 41.2K failures on its own, implying a large share of failed traffic can be explained by localized contract behavior rather than network health. Net assessment: the chain looked healthy this week, with failures increasingly attributable to isolated hotspots and competitive execution, not broad unreliability.

Market & Ecosystem Context

In current market conditions, it’s notable that MegaETH’s throughput and participation held up rather than retrenching: transactions rose +3.7% WoW and unique wallets rose +16.1% even as risk appetite stayed constrained. That combination—more distinct wallets without a commensurate rise in network-wide failure—generally indicates organic usage broadening rather than purely bot-amplified spam.

On the capital side, TVL moved only modestly over the week (+2.8% to $109.3M), so the DeFi rotation seen in the DApp leaderboard reads more like activity shifting between venues than a large new capital wave entering the chain. The “Road to TGE” framing remains a focal point for builders and users: the program sits at 6/10 on “Live Mafia Apps,” while the $500M USDm track is at 12% (circulating supply $62.5M; deposited in apps $21.5M). The fee-based trigger still shows no apps meeting the $50K/day threshold this week. For details, see https://www.megaeth.com/token.

Week Ahead

Watch whether Kumbaya and Avon can hold their higher post-growth baselines; sustained volume here would be more structurally important than another short-lived spike. Keep an eye on whether Crossy Fluffle stabilizes after the -89% reset, and monitor unlabeled exchange-like activity—especially World Markets - Exchange (0x5e3ae52eba0f9740364bd5dd39738e1336086a8b)—for signs that contract-level hotspots could reintroduce midweek failure pockets. For ongoing tracking across labeled apps, the DApps catalog is the cleanest reference point.