aeth

According to CoinDesk, the cryptocurrency exchange MNX, developed by the prediction market platform Manifold Markets, officially launched on Tuesday, offering futures contracts linked to the valuations of private AI companies such as OpenAI, Anthropic, DeepSeek, and Moonshot. The platform is built on the MegaETH blockchain and completed a $6.4 million funding round in June, led by Village Global.Compared to existing products from OKX and Bitget, MNX's contracts expire at the end of 2027 and do not charge periodic funding rates; the perpetual contracts offered by Bitget and OKX have no expiration date. Max Killberg from Village Global stated that AI is driving one of the largest investment cycles in history, but the financial infrastructure surrounding it remains quite underdeveloped. The organization hopes to build financial markets around AI rather than just betting on another prediction market.Stephen Gruggett, co-founder of Manifold Markets, indicated that MNX's model is better suited for private companies like OpenAI and Anthropic, which have infrequent equity trades and are difficult to price. Traders can use up to three times leverage, with prices determined by trading activity on the MNX platform rather than external price sources.If the company is still not publicly listed when the contracts expire, the exchange will use public valuations from funding rounds, investment funds, or secondary markets; MNX currently does not serve U.S. customers but plans to obtain the necessary licenses and intends to launch markets covering a broader range of the AI economy, including company revenue, employment, housing, AI supply chains, and computing power.

According to DeFiLlama data and X user @y_cryptoanalyst's post, MegaETH's total value locked (TVL) across the chain has dropped to approximately $31.18 million, a decrease of 59.44% in the last 24 hours. Among them, the TVL of the leading on-chain protocol Aave V3 is approximately $11.09 million, down 80.10% in the last 24 hours and down 86.34% in the last 7 days.From DeFiLlama data, Aave V3 remains the largest source of TVL for MegaETH, and its capital fluctuations have significantly impacted the overall chain data. The user stated that this round of significant TVL withdrawal for MegaETH is closely related to the capital outflow from Aave V3, bluntly saying "Success comes from Aave, failure also comes from Aave."

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "UFC Freedom 250: Justin Gaethje vs. Ilia Topuria," the "Over" option in the sub-market "O/U 3.5 Rounds" has experienced a dramatic fluctuation in winning probability, soaring from 31.5% an hour ago to the current 54% (a fluctuation of 22.5%). Please note the impact of related breaking news.

Axe Compute (NASDAQ: AGPU) announced that the underlying infrastructure provider for its $260 million enterprise-level contract is the global distributed GPU infrastructure Aethir. It is reported that Axe Compute has confirmed receipt of the first payment of $43 million under the contract, and Aethir has officially initiated the computing power delivery process for the corresponding cluster of 2,304 NVIDIA B300 GPUs, with a target launch time in the third quarter of 2026. The contract has a 36-month fixed payment structure, and it is expected to generate approximately $21 million in revenue each quarter after launch.

The MegaETH Foundation announced that the MEGA token buyback plan has officially launched, and the first MEGA buyback has been completed, using funds from all net earnings generated by the issuer of USDm as of the end of April.The official emphasized that USDm is not issued or operated by the MegaETH Foundation or MegaLabs. The current supply of USDm is approximately $480 million, and future MEGA buybacks will be executed using a programmatic mechanism as much as possible, running automatically based on preset rules, rather than being timed by the foundation. The scale of funds available for each subsequent buyback is not fixed and will be influenced by changes in the supply of USDm and the yield of underlying reserve assets.

The cryptocurrency trading platform SuperEx announced the launch of MegaETH (MEGA) in the innovation zone and opened the MEGA/USDT spot trading pair. Trading officially starts on May 6, 2026, at 11:00 Beijing time (03:00 UTC), and the deposit and withdrawal channels will soon be opened.The official stated that with the launch of spot trading, MEGA will also be included in the margin support range for all cryptocurrency contracts, allowing users to directly use it as margin assets for contract trading.It is reported that MegaETH is a fully EVM-compatible Optimistic Layer 2 network, which uses Ethereum as the settlement layer and employs EigenDA to provide data availability (DA).

Coinbase has launched the ERC-20 token cbMEGA on the Base chain, which is backed by MegaETH (MEGA) held in custody by Coinbase at a 1:1 ratio.

Binance will launch multiple products for MegaETH (MEGA) on April 30, 2026, at 19:00, including Binance Wealth Management, Flash Exchange, VIP Borrowing, Leverage, and Contract Trading. Users can participate in the subscription for the MEGA principal-protected earning product through Binance Wealth Management, and trade and exchange through the one-click buy and Flash Exchange trading platform within one hour after the launch. Binance Contracts will launch the MEGAUSDT U-based perpetual contract, with a maximum leverage of up to 50 times.

According to the official announcement from MegaETH, the MEGA tokens will be distributed to users before 19:00 (UTC+8) today.

OKX will open MEGA (MegaETH) deposits on April 30, 2026, at 18:15, with a collective auction from 18:30 to 19:00. Spot trading for MEGA/USDT will start at 19:00, and withdrawals will open at 21:00. Users can recharge USDT in advance to prepare for trading.

Web3 asset data platform RootData released the progress data for the 2026 Q2 TGE. From the time distribution perspective, the crypto market is entering a concentrated release period for Q2 TGE, with market risk appetite and liquidity activity rebounding in sync. Among them, MegaETH has become the core anchor point of this window period. This project focuses on "ultra-high performance real-time execution" of EVM L2. After completing a $30 million financing, it officially TGE'd on April 30 and simultaneously launched on major exchanges such as Coinbase, Upbit, and Bithumb. According to the "Upcoming Issuance" section data from RootData's market, TGE is showing characteristics of a "short-term concentrated explosion": on April 29, Gensyn completed its TGE, on the 30th, MegaETH and Real Finance TGE'd simultaneously, and on May 1, Kuvi followed closely with its launch. Avant is expected to push forward its TGE in the latter part of Q2. At the same time, Polymarket data also provided forward-looking signals: before June, it may enter a peak issuance interval. Dreamcash (64%), Arc (46%), and Oro (40%) are in the first tier and may form the core of the next liquidity competition. Overall, this round of Q2 TGE is not a confirmation signal for the market but rather the starting point for liquidity redistribution. The subsequent market strength will depend on the absorption capacity of the new supply and the degree of support from the project's fundamentals for valuation.

According to the official announcement, Binance will launch MegaETH (MEGA) on April 30, 2026, at 19:00, opening the MEGA/USDT, MEGA/USDC, and MEGA/TRY spot trading pairs. The listing fee is 0 BNB, and withdrawals will open on May 1, 2026, at 11:00 (UTC).

UPBIT will launch the deposit service for MegaETH (MEGA) on April 30, 2024, at 19:00, and trading support will begin on the same day at 20:00. The supported trading pairs include KRW, BTC, and USDT. Users are advised to use the MegaETH network for deposits.

MegaETH announced on platform X that MEGA tokens will start on-chain trading at 18:00 Beijing time on April 30 and will open off-chain trading at 19:00.

According to The Street, the lending protocol Purrlend was attacked on the MegaETH and HyperEVM networks, resulting in a loss of approximately $1.52 million.The attacker extracted about $1.2 million in assets from the HyperEVM network, including 449,683 USDC, 214,125 USDT, 194,745 USDH, as well as some UBTC, wstHYPE, UETH, kHYPE, and WHYPE. The attacker also extracted about $324,000 in assets from the MegaETH network, including USDT, WETH, and USDm.Currently, Purrlend has suspended the protocol and launched an investigation, and the attacker's address has been identified in the block explorers of both networks.

Polymarket's latest data shows that the market probability for the bet "MegaETH's market capitalization (FDV) exceeds 1 billion dollars one day after launch" is currently 88%, the probability of exceeding 600 million dollars is 97%, the probability of exceeding 800 million dollars is 93%, the probability of exceeding 1.5 billion dollars is 56%, and the probability of exceeding 2 billion dollars is 31%.Previous news indicated that MegaETH may conduct its TGE on April 30.

MegaETH announced that the TGE will take place on April 30, and the probability of "MegaETH issuing tokens before April 30" on Polymarket is currently 95%, which may be related to the settlement rules.The market settlement rule states that if MegaETH officially launches the governance token before 11:59 PM Eastern Time on the specified date, the prediction market result will be determined as "yes"; otherwise, it will be determined as "no." Another key rule is "the token must be publicly transferable and tradable; merely issuing a related announcement does not meet the determination criteria," which may cause the probability to not reach 100%. Odaily Seer’s prophet channel continues to monitor the prediction market and sees changes before pricing.