USDm TVL
Circulating USDm market cap (CoinGecko / megausd) since launch.
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USDM2 charts
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USDm TVL
USDm vs USDT0
USDm vs USDT0
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Mega3 charts
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MEGA Holders
Committed vs Free Float
MEGA P/E
Committed share
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$Revenue
3 charts
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Daily Revenue
Annualized Revenue
Cumulative Revenue
Annualized
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Cumulative
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VSComparison
3 charts
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Forecast
Chain Revenue
P/E Ratio
Forecast
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USDM
USDm vs USDT0
USDm market cap vs USDT0 supply on MegaETH, sourced from Blockscout.
USDT0 is sourced from MegaETH Blockscout. When transfer-history reconstruction is unavailable, the chart falls back to the live Blockscout supply snapshot.
MEGA Holders
Unique wallets and contracts holding a positive MEGA balance, reconstructed from Blockscout transfer history.
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Committed vs Free Float
Historical circulating MEGA split between Terminal commitments and liquid supply, with absolute, stacked and percentage views.
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MEGA P/E Since TGE
MEGA token market cap divided by MegaETH annualized revenue, tracked day by day since the MEGA TGE.
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Daily Revenue
USDm reserve yield vs MegaETH network fees, day by day since launch.
Estimated (based on current TVL flat baseline)
$Annualized Revenue
Run-rate projection: 7-day rolling daily revenue × 365.
Run-rate = (daily USDm yield + 7-day avg network fees) × 365.
Cumulative Revenue
Running total of daily revenue accumulated since Feb 9, 2026.
Forecast
Hypothetical annualized revenue if MegaETH had the DeFi TVL of other major chains.
Hypothetical run-rate = (chain DeFi TVL × USDm APY) + MegaETH 7d-avg network fees × 365.
Chain Revenue
MegaETH's latest daily on-chain revenue ranked against DefiLlama's revenue/chains leaderboard.
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P/E Ratio
Market cap divided by annualized revenue for every chain currently visible in Chain Rank, plus MegaETH.
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Transaction Revenue Breakdown
Daily aggregate of network fees and USDm yield.
| Date | Tx Fees (ETH) | Tx Fees (USD) | USDm Revenue |
Total Daily |
|---|---|---|---|---|
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Network fees source: MegaETH Blockscout. ETH is exact; USD is derived from ETH price data.
How USDm Powers MegaETH
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- USDm is MegaETH's native stablecoin, backed by Ethena's delta-neutral reserves.
- Its reserve yield (~3.09% APY) funds sequencer operations across the network.
- This yield-funded model means gas costs approach zero for end users.
- Every dollar held in USDm directly subsidizes MegaETH's economic security.
Daily Revenue = TVL × ~3.09% ÷ 365