MegaETH

MegaETH is a Layer 2 blockchain built on top of Ethereum that describes itself as the first real-time blockchain, designed to give developers and users transaction speeds and throughput that base-layer Ethereum cannot deliver on its own. It claims to process up to 100,000 transactions per second with latency as low as 10 milliseconds, while remaining fully compatible with Ethereum's existing applications and tools. The project targets developers building applications where near-instant confirmation matters, such as trading platforms or interactive consumer products.

MegaETH settles its security to Ethereum, meaning Ethereum validators ultimately underpin the integrity of the chain, while MegaETH itself handles execution through what it describes as a hyper-optimized, heterogeneous architecture. The consensus algorithm field in the site's data is not populated, so the precise mechanism governing block production is not recorded here; what is recorded is a block time of 0.0 minutes, consistent with the project's claim of near-continuous streaming throughput. The MEGA token exists within this ecosystem, though the specific on-chain functions it performs — such as paying for gas, staking, or governance — are not detailed in the data held by this site.

MegaETH collected 2,354 USD in fees over the most recent 24-hour period, 16,711 USD over the trailing 7 days, and 66,245 USD over the trailing 30 days, figures that represent what users pay to transact on the network. Annualizing the trailing 30-day fee rate produces an estimated 805,980.83 USD per year, and fee volume grew 9.74 percent over the last 30 days. The data does not specify how collected fees are distributed between the protocol, token holders, or any other party. The market capitalization relative to annualized fees stands at 62.42, and the fully diluted valuation relative to those same annualized fees stands at 552.46.