mega at $65m market cap with 100% of usdm yield going to buybacks. at $500m usdm supply that's $22.5m annual buybacks or 34.6% of current market cap being absorbed. usdm hit $40m in 2 days. track daily supply growth on megaeth explorer. when usdm cro...
MegaUSD (USDM) Market data not yet available
Market data not yet available
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Yes, MegaETH plans a crypto token called MEGA. The MEGA token generation event will be triggered based on key performance indicators (KPIs) such as USDM stablecoin circulation and app adoption milestones. Revenue from the native stablecoin USDM will be used to buy back MEGA tokens, creating demand and supporting the token's value.
- 1. https://www.theblock.co/post/388914/megaeth-foundation-to-use-usdm-stablecoin-revenue-to-fund-mega-token-buybacks
- 2. https://bitcoinworld.co.in/megaeth-usdm-revenue-mega-tokens/
- 3. https://thedefiant.io/news/defi/megaeth-refunds-usdm-predeposit-bridge-campaign
- 4. https://www.megaeth.com/blog-news/megaeth-introduces-usdm
- 5. https://coincentral.com/megaeth-foundation-to-use-usdm-revenue-for-mega-token-buybacks/
- 6. https://www.kucoin.com/news/flash/megaeth-foundation-to-use-usdm-revenue-to-buy-mega-tokens-ahead-of-february-9-mainnet-launch
- 7. https://www.theblock.co/post/379772/megaeth-open-pre-deposit-window-usdm-stablecoin-next-week
- 8. https://www.coingecko.com/en/coins/megausd
- 9. https://www.bankless.com/read/news/megaeth-provides-tokenomics-update-days-ahead-of-mainnet
- 10. https://coinmarketcap.com/currencies/megaeth/
- 11. https://www.ainvest.com/news/megaeth-mega-token-flow-based-analysis-kpi-driven-supply-liquidity-2602/
- 12. https://www.okx.com/en-us/learn/megaeth-usdm-cryptocurrency-stablecoin-defi
- 13. https://crypto.news/ethereum-layer-2-project-megaeth-to-refund-400m-after-usdm-launch-failure/
- 14. https://www.coindesk.com/business/2025/09/08/megaeth-unveils-native-stablecoin-with-ethena-aiming-to-keep-blockchain-fees-low
- 15. https://www.megaeth.com/
- 16. https://phemex.com/news/article/megaeth-raises-usdm-allocation-to-1-billion-after-initial-cap-sells-out-39428
- 17. https://dropstab.com/coins/megaeth
- 18. https://cryptobriefing.com/megaeth-usdc-bridge-launch-250m-usdm-predeposit/
- 19. https://www.megaeth.com/blog-news/megaeth-introduces-usdm
Last Update: 2/9/2026 02:00 UTC -
Yes, MegaETH has confirmed an airdrop for eligible participants, primarily allocating at least 5% of the total $MEGA token supply to holders of “The Fluffle” NFT collection (10,000 soulbound NFTs minted in February 2025). Additional potential airdrop allocations may be available for mainnet campaign participants and users engaging with the Pre-Deposit Bridge. However, no broader public airdrop beyond these mechanisms has been officially announced yet.
- 1. https://www.megaeth.com/
- 2. https://airdrops.io/megaeth/
- 3. https://cryptorank.io/drophunting/megaeth-activity254
- 4. https://polymarket.com/event/megaeth-airdrop-by
- 5. https://www.weex.com/pages_static/news/detail/megaeth-mega-tokens-will-not-be-gifted-to-any-platform-as-a-listing-fee-or-airdrop-328608
- 6. https://blog.mexc.com/news/megaeth-airdrop/
- 7. https://www.btcc.com/en-CA/square/CoingabbarEN/1469770
- 8. https://whales.market/blog/how-to-claim-megaeth-airdrop/
- 9. https://testnet.megaeth.com/
- 10. https://nftplazas.com/megaeth-token-sale-airdrop/
- 11. https://web3.bitget.com/en/academy/megaeth-airdrop-guide-how-to-participate-and-claim-mega-rewards
- 12. https://www.oneclick.fi/blog/megaeth-airdrop-guide
- 13. https://dropstab.com/coins/megaeth/activities
- 14. https://x.com/megaeth_labs
- 15. https://coincodex.com/article/74370/what-is-megaeth/
- 16. https://coinlaunch.space/events-contests/megaeth-airdrop/
- 17. https://cryptototem.com/airdrops/megaeth/
- 18. https://usethebitcoin.com/airdrop/megaeth-airdrop-guide/
- 19. https://polymarket.com/event/megaeth-airdrop-by/will-megaeth-perform-an-airdrop-by-june-30
- 20. https://www.binance.com/en/square/post/23510407417170
- 21. https://www.megaeth.com/blog-news/megaeth-introduces-usdm
Last Update: 2/9/2026 02:00 UTC
Sentiment
Shows the token's social media mindshare and sentiment over time
megaeth mainnet live today but mega token doesn't launch until either $500m usdm minted or 10 apps hit 100k transactions. track usdm minting rate over next 48 hours. if it stalls under $100m first week the tge delays and you get the strk/zk playbook....
2/9/2026 07:21
20K
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Today, @megaeth' KPI dashboard will go live.
Most chains launch a token, then pray for adoption. MegaETH said no token until the ecosystem actually works.
The KPIs are aggressive:
➤ $500M USDM supply (30-day weighted)
➤ 10 apps fully deployed with ...
2/9/2026 06:20
3.9K
22
3
50
6
I'm a fan of MegaETH's decision to tie TGE to KPIs
ICYMI, their KPIs include:
- USDM circulating supply reaches a 30-day average of $500M+
- 10 MegaMafia Apps live with baseline usage
- 3 apps with >$50k in daily fees
This ensures the MEGA tok...
2/7/2026 14:20
6.8K
33
1
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3
I'm a fan of MegaETH's decision to tie TGE to KPIs
ICYMI, their KPIs include:
- USDM circulating supply reaches a 30-day average of $500M+
- 10 MegaMafia Apps live with baseline usage
- 3 apps with >$50k in daily fees
This ensures the MEGA tok...
2/7/2026 14:20
7.7K
24
3
119
3
Interesting thing about MegaETH is that if there's $500m in USDm, it'll generate $18m in annual yield if it's parked in 3 month t bills. That's 1.8% of the MEGA token supply in buybacks in the first year.
I think folks are really underestimating the...
2/6/2026 19:41
62K
42
13
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Description
#0
MegaUSD is a decentralized stablecoin created for real-time applications on the MegaETH blockchain, issued through Ethena’s stablecoin system. It is designed for fast transactions and blockchain integration.
| Sector: | Stablecoins |
| Blockchain: | MegaETH |
Social Statistics
Social media metrics tracking this token's online presence. Mindshare shows the percentage of crypto discussion focused on this token. Momentum indicates trend direction (rising or falling). Net Sentiment measures overall community sentiment (positive, negative, or neutral) based on the difference between positive and negative mentions.
Mindshare (24h)
0.00%
Mindshare Momentum
Down
Net Sentiment
Neutral
Sentiment Momentum
Down
Featured Tweet
Post with highest engagement and good quality mentioning MegaUSD in the past week