The native token powering the MegaETH protocol
Eligability—must have ETH in wallet. Airdrop will double what you already have.
Special airdrop for users with 10 ETH.
// Mega Mission
MegaETH democratizes what no other chain has: guaranteed low-latency access to a real-time blockchain. Traders will pay for proximity to the sequencer. Applications denominate and grow in USDm.
Rewards that the Foundation receives from USDm are used to buy back MEGA. The more the ecosystem grows, the more MEGA gets absorbed by the MegaETH Foundation.
USDm, issued through Ethena's stablecoin stack, is MegaETH's native stablecoin purpose built to power real-time applications on MegaETH.
Most L2s monetize by charging an extra margin on sequencer fees. With USDm, MegaETH redirects value from financial yield rather than users to fund the network.
Read more// Mega Rewards
When each KPI tranche is reached, a pre-defined amount of MEGA is released to holders with committed positions. The longer you commit, the larger you share.
Commit Now
KPI Rewards tie token emissions to outcomes, not dates.
MEGA tokens are emitted to users with commit positions based on objective network milestones — not a fixed schedule. When KPIs are achieved and attested, holders who have committed MEGA become eligible for rewards.
Over half of total supply is reserved for KPI-based distribution. Participants are the beneficiary as the network proves real usage over time.
Eligibility is based on continuous MEGA committment before a KPI attestation.
Maturity is how much of your commitment counts toward reward distributions. The longer you stay committed, the higher your maturity up to 100% maturity — and the greater your share of any rewards that get distributed.
Maturity builds linearly, every second, from 0% when you first commit up to 100% at full maturity.
KPIs are measurable milestones across four verticals: reliability, performance, adoption, and decentralization.
The full KPI set is published on this site and includes: uptime, block times, finality, gas used, transaction count, revenue, USDM adoption, Ethereum alignment, validator safety, and concentration/fairness metrics.
Governance roadmap:
Phase 1 (now): The Foundation defines KPIs and performs attestations.
Phase 2: Governance takes over KPI definition for later tranches. Token holders vote on what milestones matter, shifting control to the community as the network matures.
Phase 3 (future): Oracle-based KPI verification replaces manual attestation entirely, removing human judgment from the loop.
When KPI targets are hit and rewards are distributed, holders can claim and re-commit newly received tokens.
KPI Rewards tie token emissions to outcomes, not dates.
Eligibility is based on continuous MEGA committment before a KPI attestation.
KPIs are measurable milestones across four verticals: reliability, performance, adoption, and decentralization.
When KPI targets are hit and rewards are distributed, holders can claim and re-commit newly received tokens.
