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Project Review: 15 New Projects Worth Noting from MegaETH

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深潮TechFlow
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10 months ago
AI summarizes in 5 seconds.

These applications are currently running in the testnet phase, and the application window for MegaMafia 2.0 is about to close.

Author: Chilla

Compiled by: Deep Tide TechFlow

The infrastructure strength of MegaETH is undeniable—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 makes MegaETH attract such high attention?

The answer lies in the applications within its ecosystem.

The core highlight is MegaMafia, an accelerator program supporting native on-chain applications. This is 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.

Applications Supported by the MegaMafia Accelerator

GTE – Vertical Trading Platform

@GTE_XYZ provides an end-to-end trading hub: including a token launch platform, automated market maker (AMM), central 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 – New Stablecoin Model

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

World Capital Markets – Leveraged Funding Market

@wcm_inc brings leveraged finance on-chain, supporting spot trading, perpetual contracts, and lending. All positions are in a cross-margin model. Its innovation lies in capital efficiency, allowing users to build under-collateralized positions, hedge between assets, and layer 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 Events

@lemonade_events focuses on creating immersive events, whether offline or online. From small gatherings to large festivals, it aims to build identity and transform participation into lasting loyalty.

Showdown – The Fusion 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 Streaming and Game Lobby

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

Euphoria – Touch, Trade, Feel

@Euphoria_fi redefines the trading experience: by clicking to predict price trends. The core is a gamified experience, combining social finance (SocialFi) with minimal operations, hiding technology as much as possible.

Valhalla – Rapid Reconstruction of Perpetual Contracts

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

Nectar AI – AI Companion

@TryNectarAI allows users to create AI companions, interacting with their ideal AI partners through images, videos, and AI role-playing chats. While it may feel somewhat "creepy," it is highly attractive 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 – Funding Market Order Book

@avon_xyz reintroduces the order book model to on-chain funding markets. Borrowers define terms, lenders execute customized strategies, with real-time matching relying on MegaETH's high-speed performance. This opens the door for under-collateralized, fixed-rate, and floating-rate lending.

Hop – Innovation in VPN

@Hop_Network discards 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 new 3D engine designed for web pages, bringing back the creative chaos of the internet. Users can build games or AI simulations through code or drag-and-drop. It runs fast, supports browsers, and maintains an open design.

Some of these applications have already been used by many users in the testnet phase. In the future, we will observe whether they are merely used for profit or can spark 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 some time, and the closed beta is expected to launch in the fourth quarter of 2025. MegaMafia 2.0 will soon welcome 15 new teams, with the application window closing on June 1. No forks, no copies, only native innovation.

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