The Frontier is Open MegaETH mainnet has been live for weeks to infra teams like @LayerZero_Core, @eigen_da, @chainlink, @redstone_defi, @Alchemy and @safe. Today is day 1 for builders. Apps will deploy and test while users track progress through explorers and dashboards.

Get your first players on TopStrike this World Cup to reveal your Mystery Nation. The nation that finishes top on Points shares $10,000. 48 Nations. 1 Roll Plus 3 more ways to win your share of $100,000 in prizes across the tournament! Ready to play? play.topstrike.io/worldcup

World Cup 2026 packs drop today. Each pack contains 3 random players from the nation! 🇲🇽 Mexico - 12:00 pm UTC 🇨🇿 Czech Republic - 2:00 pm UTC 🇪🇸 Spain - 5:00 pm UTC Limited supply. Ready to build your World Cup squad? play.topstrike.io/worldcup

After reviewing the Terminal data, we’ve decided to conclude the season early, and sunset our Terminal program. The points distribution for Week 3 has gone out as normal and a snapshot has been taken of all user activity up to this point, which will be used in our final calculations. This decision did not come easy, but we believe this is what’s best to support our ecosystem. Next week, we'll run a supplemental points distribution to thank all users who have been exploring and experimenting with the different apps throughout the program. Eligible Terminal participants will receive a share of the rewards pool in USDM, based on the points accumulated to date as well as activity that supported Mega. Early next week, we'll open a place on Terminal for one week so you can designate a wallet address to receive your rewards. Terminal’s main features will be merged with Rabbithole, transitioning everything into one unified chain experience. Thank you to everyone who has supported us this far. We can’t wait to show you what we have in store. A note from Shuyao on what’s next:

Manifesting a Messi from my Argentina packs!

🇦🇷⏲️

Tenderly now fully supports @megaeth, the blockchain that lives up to its speed claims. 10ms block times. 100k TPS target. Mainnet live since Feb 9. Here's what that means for builders 🧵 blog.tenderly.co/tenderly-in…

Euphoria mainnet is now live. It's time to have some fun. euphoria.finance

Tomorrow we launch the first trading app that doesn't need a tutorial.

Congratulations to Novis who took down Sunday's @megaeth Community Tournament. It wasn't easy. But he stole the cards he needed to make his own luck. ⚡️ GG

I’ve seen some confusion about USDM supply, which is dropping on many dashboards. TLDR; this is healthy for a new ecosystem right now. But the explanation is long (although not complex): We always talk about “money” as if that’s a simple definition but economists have multiple definitions, each measuring a different set of assets considered part of the money supply. You may have heard terms like M1 money supply or M3 money supply if you read financial news a lot or took economics in school. At the bottom of the stack, the narrowest definition is M0 (which stablecoin issuer @m0 takes its name from). This is physical currency your banks’ balance at the central bank. ⬆️ This is what most dashboards will show you for a stablecoin’s supply, because it’s relatively easy to count. Just add up the tokens, and of course central banks aren’t generally holding untokenized balances at Circle or Tether or Paxos. While this is a useful number, it excludes most of what we would in everyday usage call “money”. M1 is the next layer in the money stack, and includes M0 demand deposits. When you say you have $500 in your checking account, you’re including M1 in your definition of money. ⬆️ This is where a deposit into @aave, @Morpho, or other short-term markets sits in the money stack. Quickly going through the other layers for your own curiosity: M2 = M1 savings accounts money market funds M3 = M2 time deposits repo agreements short-term debt (usually up to 2 years) As of today, the M1 supply of USDM > M0 supply. Generally this is always the case with any currency, since it is what happens when fractional reserve lending, like on Aave, Morpho, Euler, Compound, or a traditional bank occurs. In the case of USDM, the M0 supply has shrunk while M1 has continued to grow. And remember that M1 cannot unwind without M0 (but can persist without it as long as the debt is healthy). This is due to a cross-chain carry trade. USDM has become a more attractive funding currency than USDC, and debt is being refinanced. This should be good news to those worried about USDM demand being purely for looping on the MegaETH Aave - it’s a second use case. Because Aave rates rise as utilization increases, at some point USDM will cease to be a good funding currency, and we’ll be at an equilibrium. This is growing pain of a healthy path for a new stablecoin (what’s the alternative, that no one wants to even borrow it?) - and is mostly a function of concentration on the Aave market. As USDM is accepted into other apps and another lender or three steps in for a piece of the market, I would anticipate less volatility in M0 supply of USDM, while M1 continues to grow at a more sustainable pace.

After a huge week of new TopStrike players, Doku lands today at 3pm UTC 🔥 350% average move across this week’s drops. Now it’s the Count’s turn 👀 Tapping fingers ready? Only on MegaETH 👇 linktr.ee/topstrikeio

Season 1, Week 1 Point distribution is live on Terminal. Catch some highlights and stats from the most-used apps below:

One Wallet. Every App. Your Rules. M(OS)S May 2026

Showdown players vs Showdown devs: 1–0. A sincere apology to everyone affected by issues during the @Showdown_TCG @megaeth special event. 🧵

More than 150 players have registered for today's @MegaETH Community Tournament. To match that energy, we've doubled the prize pool. Plus, winner takes home one of the new Showdown NFTs. Details in Terminal and MegaETH Discord. Watchalong live stream on X and Twitch.

We're proud to be part of Terminal and look forward to welcoming the MegaETH community to the Showdown tables.