Review of 15 new projects worth following in MegaETH

Author: Chilla

Compilation: Deep Tide TechFlow

The infrastructure strength of MegaETH is unquestionable—over 100,000 TPS and block times of less than 10 milliseconds. But frankly, we have heard these technical parameters many times before. So, what exactly is it that makes MegaETH receive such high attention?

The answer lies in the applications within its ecosystem.

The core highlight is MegaMafia, an accelerator program that supports native on-chain applications. This is precisely the key to MegaETH forming its unique identity.

Here are the 15 applications launched by MegaMafia so far, which are currently running in the testnet phase, while the application window for MegaMafia 2.0 is about to close.

MegaMafia Accelerator Supported Applications

GTE – Vertical Trading Platform

@GTE_XYZ provides an end-to-end trading center: including a token launch platform, automated market makers (AMM), centralized limit order book (CLOB), aggregator, and token generation events (TGE). A platform that creates a CEX experience on-chain, from token issuance to trading.

Cap Money – A New Stablecoin Model

@capmoney_ has launched the first true third type of stablecoin, creating a market for issuers to choose their preferred external operator's yield. Meanwhile, re-stakers provide ETH as economic proof.

World Capital Markets – Leveraged Capital Markets

@wcm_inc introduces leveraged finance on-chain, supporting spot trading, perpetual contracts, and lending. All positions are in a cross-margin mode. Its innovation lies in capital efficiency, allowing users to build positions with insufficient collateral, hedge between assets, and overlay strategies within the MegaETH ecosystem.

Funes – Online Museum

@Funes_World is an online museum that collects, preserves, and curates 3D models of all human architecture. The goal is to digitize the physical world into a vast, free, and accessible 3D database.

Lemonade – Redefining Crypto Activities

@lemonade_events focuses on creating immersive experiences, whether offline or online. From small gatherings to large festivals, the aim is to build identity and transform participation into lasting loyalty.

Showdown – A Combination of Magic and Poker

@Showdown_TCG is a free-to-play poker duel game that combines action cards designed by top poker, Hearthstone, and Magic: The Gathering players. The poker gameplay incorporates multiple innovations.

Pump Party – Live and Gaming Hall

@pumppartyapp currently has limited information, but it seems to be a live streaming platform where users can create game lobbies, and specific features are still to be explored.

Euphoria – Touch, Trade, Feel

@Euphoria_fi redefines the trading experience: predict price trends with a click. The core lies in gamified experience, integrating social finance (SocialFi) with minimalist operations, keeping technology as hidden as possible.

Valhalla – The Fast Reconstruction of Perpetual Contracts

@valhalla_defi is a real-time, fully on-chain perpetual contract decentralized exchange (DEX). It offers real-time execution, instant settlement, and dynamic capital support, while allowing users to leverage high composability to use yield-bearing assets as collateral.

NectarAI – AI Companion

@TryNectarAI allows users to create AI companions, interacting with their ideal AI partner through images, videos, and AI role-playing chats. While it may feel somewhat "creepy," it is highly appealing in the crypto space.

Sweep – Live Prediction Platform

@trysweep allows users to predict the performance of live players. For example, will Tom achieve 10 kills in the next match? Yes or no.

Noise – Trading Narrative Heat

@noise_xyz allows users to bet on popular narratives, such as "MegaETH" itself. The focus is not on price or sentiment, but on the attention itself.

Avon – Capital Market Order Book

@avon_xyz reintroduces order book models to on-chain capital markets. Borrowers define terms, lenders execute custom strategies, and real-time matching relies on the high-speed performance of MegaETH. This opens the door for under-collateralized, fixed-rate, and floating-rate lending.

Hop – The Innovation of VPN

@Hop_Network abandons centralized VPNs, adopting a fully distributed, multi-hop routing and community-driven model. Hop's focus is not only on privacy but also on making internet access faster, smoother, and available to everyone.

Autonomous World Engine – Making the Internet Fun Again

The Internet used to be a playground. @awe_box is a brand new 3D engine designed for web pages, bringing back the creative chaos of the Internet. Users can build games or AI simulations through coding or drag-and-drop. It runs quickly, supports browsers, and maintains an open design.

Some of the applications in these have already been used by many users during the testnet phase. In the future, we will observe whether they are used solely for profit-seeking or if they can generate genuine interest. Currently, the MegaETH ecosystem showcases clear differentiation across various verticals and aims to attract a broader audience, not just users from the financial sector.

The testnet has been online for a while, and the closed beta version is expected to launch in the fourth quarter of 2025. MegaMafia 2.0 will soon welcome 15 new teams, and the application window will close on June 1. No forks, no copies, only native innovation.