TLDR
- MegaETH mainnet will launch on February 9, 2026, after completing a seven-day stress test
- The layer-2 network processed 10.7 billion transactions during testing, reaching speeds of 35,000 transactions per second
- The stress test involved Web3 games like Smasher, Crossy Fluffle, and Stomp.gg running on the network
- MegaETH is backed by Ethereum co-founders Vitalik Buterin and Joe Lubin, plus several venture capital firms
- The project raised $450 million in an oversubscribed token sale in October 2025
MegaETH has announced its mainnet launch date of February 9, 2026, following a week-long stress test of the Ethereum layer-2 network. The test aimed to verify the chain’s readiness for public use before opening to all users.
Public Mainnet // 02.09.26 pic.twitter.com/fMcqVnQ7ZB
— MegaETH (@megaeth) January 28, 2026
During the seven-day testing period, MegaETH processed 10.7 billion transactions. The network reached speeds of up to 35,000 transactions per second. Co-founder and CTO Lei Yang confirmed the launch date on X after reviewing the test results.
The stress test opened the mainnet to select users who tested apps while developers pushed the system to its limits. Three Web3 games participated in the testing: Smasher, Crossy Fluffle, and Stomp.gg. The applications ran in real-time without latency issues.
Simon Dedic, founder of Moonrock Capital, was among the selected testers. He reported smooth operation across all tested applications. Dedic noted the absence of congestion or degraded user experience during the test period.
The 10.7 billion transactions processed came close to the team’s target of 11 billion. This volume exceeded all transactions Ethereum has processed in its entire history. Ethereum launched in 2015, making it roughly 10 years old.
MegaETH claims to offer sub-millisecond latency and capacity for over 100,000 transactions per second. The project positions itself as one of the fastest blockchains in the crypto industry. Earlier testing showed the network reaching 47,000 TPS before the recent stress test.
Real-World Performance Questions
Real-world transaction speeds may differ from testing conditions. Other high-speed blockchains show this pattern. Solana has a theoretical maximum of 65,000 TPS but processes around 3,400 TPS in actual use, according to Token Terminal data.
The project received backing from Ethereum co-founders Vitalik Buterin and Joe Lubin. Several crypto venture capital firms also invested, including Dragonfly Capital, Figment Capital, and Big Brain Holdings. MegaLabs, the development company, raised $20 million in a seed round led by Dragonfly in 2024.
Previous Token Sale Issues
MegaETH faced challenges with a pre-deposit sale in November 2025. The sale aimed to raise liquidity and allocate future tokens before the mainnet launch. The project collected $500 million from participants.
Technical and operational problems forced MegaETH to return all funds. Issues included misconfigured systems, a multisignature transaction error, and Know Your Customer problems. The team had to reverse the entire sale process.
Before the November issues, MegaETH completed a $450 million token sale in October 2025. The sale was heavily oversubscribed. It offered roughly 5% of the protocol’s 10 billion MEGA token supply. Thousands of investors secured allocations within minutes of the sale opening.
MegaLabs designed the protocol for applications requiring near-instant transaction speeds. Target use cases include trading platforms, games, and consumer-facing crypto apps. These applications have historically struggled on Ethereum during high-traffic periods.
The February 9 mainnet launch will mark the public debut of the network after months of development and testing.
