MegaETH Projects
MegaETH launched mainnet on February 9, 2026, with over 50 applications deployed on day one. The ecosystem spans DEXes, perpetual exchanges, stablecoin infrastructure, lending, yield, options, gaming, and infrastructure across the MegaMafia builder collective and independent teams.
Decentralized Exchanges
Kumbaya
DEXThe largest DEX on MegaETH by total value locked (~$62M), serving as the primary spot trading hub.
GTE
DEXHybrid spot DEX combining a central limit order book for large-cap assets with an AMM for niche tokens.
MegaDEX
DEXV3 concentrated liquidity AMM providing efficient spot trading on MegaETH.
Perpetuals and Trading
World Markets
PerpsUnified DEX combining spot, perpetuals, and lending in a single cross-margin account with the ATLAS risk engine and $10 fee cap.
GMX
PerpsEstablished perpetual futures protocol (V2) with isolated GM pools and a USDm-based GLV liquidity vault. Over $363B lifetime volume.
Valhalla
PerpsFully on-chain composable perps and spot DEX with permissionless token listings and multi-collateral vaults.
HelloTrade
PerpsOn-chain leveraged exposure to stocks, ETFs, commodities, and crypto. Founded by former BlackRock crypto directors.
Noise
PerpsTrade real-time attention and social trends by going long or short on mindshare. Raised $7.1M led by Paradigm.
Stablecoin Infrastructure
USDm (Ethena Labs)
StablecoinsMegaETH native stablecoin backed by BlackRock BUIDL Treasury fund, with yield subsidizing chain gas costs.
Cap Labs
StablecoinsStablecoin engine producing cUSD and yield-bearing stcUSD through a three-sided marketplace. Raised $11M from Franklin Templeton.
Brix Money
StablecoinsTokenized yield-bearing stablecoins bringing emerging-market sovereign yields on-chain.
Lending
Aave V3
LendingLeading DeFi lending protocol deployed on MegaETH at mainnet launch with Chainlink oracle support.
Avon
LendingFirst fully on-chain lending order book with customizable APY and LTV terms. Hosts MegaVault for USDm yield.
Teko Finance
LendingReal-time lending platform combining features of Morpho and GearBox with leveraged strategies and micro-liquidation.
Yield and Aggregation
StackUp
YieldYield aggregator that optimizes returns across MegaETH DeFi protocols automatically.
StakeStone
YieldOmnichain liquidity protocol providing yield-optimized liquid ETH and BTC tokens (STONE, SBTC).
Blackhaven
YieldReserve-backed treasury converting deposits into permanent ecosystem reserves. Founded by the OHM creator.
Nunchi
YieldPerpetuals exchange for yield-bearing assets, volatility indices, and macroeconomic instruments.
Options and Prediction Markets
Euphoria
DerivativesMobile-first derivatives trading platform with a tap trading interface for one-touch speculation. Raised $7.5M seed.
Rocket
DerivativesRedistribution markets enabling continuous price speculation on crypto feeds via mobile. Raised $1.5M.
Lora Finance
DerivativesPay-per-second protocol letting users rent upside on price appreciation without liquidation risk.
NFTs and Gaming
Biomes
GamingFully on-chain Minecraft-like sandbox MMORPG where players explore, mine, craft, and build.
AveForge
GamingCyberpunk mech coliseum with tactical duels, modular builds, and a betting layer turning matches into on-chain markets.
The Fluffle
GamingMegaETH official soulbound NFT collection representing meaningful network ownership.
Dorado
GamingOn-chain casino with a liquidity mining model where LPs become the house.
Infrastructure and Launchpads
Rabbithole
InfraMegaETH native discovery portal for bridging, swapping, and ecosystem navigation.
RedStone
InfraPrimary oracle layer for MegaETH, integrated across nearly all native protocols via RedStone Bolt.
Chainlink
InfraNative oracle precompile delivering sub-millisecond price data. Live at mainnet launch via Scale program.