MegaETH token goes live as major exchanges open MEGA trading
MegaETH's MEGA token launched with trading available on major exchanges after meeting performance milestones.Summary
MegaETH's MEGA token has officially gone live, with trading commencing on major cryptocurrency exchanges. The launch followed a seven-day countdown triggered after the Ethereum scaling project achieved its initial performance milestone, which required 10 "Mega Mafia" apps to be live and demonstrating real user interactions with the protocol's native stablecoin, USDM. The token's structure has garnered attention due to its fixed 10 billion supply and a significant portion allocated to future KPI-based staking rewards. MegaETH is designed as a high-performance execution layer for consumer-facing onchain applications. Exchanges like Binance, KuCoin, and Bitget have opened spot trading for MEGA, with plans for further listings.
(Source：The Block)