MegaETH’s $MEGA Token Sale Oversubscribed 6x, Outlining Post-Sale Roadmap

• MegaETH’s public sale offered 5% of total $MEGA supply via an English-style auction starting at 1 p.m. UTC.

• The event prioritized retail users and long-term engagement, drawing bids that quickly hit the cap.

• According to Arkham data, $285 million was committed in the first two hours, with 819 wallets at maximum $186,282 USDT each.

MEGA token sale by MegaETH sold out fast, oversubscribed 6x with $306M commitments. Explore the real-time blockchain’s next steps, timeline, and rewards. Stay ahead in crypto—read now for key insights!

What is the MEGA token sale and why did it oversubscribe so quickly?

The MEGA token sale was MegaETH’s public auction for its native $MEGA token, structured as an English-style event that allocated 5% of the total supply to retail participants. It reached its $49.95 million cap within minutes on October 27, 2025, due to high demand from over 5,000 users, resulting in more than $306 million in commitments—over six times the target. Data from the Echo Sonar platform showed bids pushing the price to $0.0999, implying a fully diluted valuation of $999 million, reflecting strong community interest in MegaETH’s real-time blockchain vision.

How does MegaETH’s real-time blockchain differ with its stablecoin-based fees?

MegaETH positions itself as a real-time blockchain, designed for high-speed transactions without traditional gas fees, instead using a stablecoin-based model to ensure predictable costs and scalability. This approach aims to eliminate volatility in transaction pricing, making it more accessible for developers and users building decentralized applications. According to on-chain intelligence from Arkham, the network’s focus on user-driven pricing during the sale underscores its commitment to community governance. Experts note that this model could reduce barriers for everyday crypto interactions, with early adopters committing significant funds to support its launch. Short sentences highlight the efficiency: transactions process in real-time, fees remain stable via USD-pegged stablecoins, and the ecosystem encourages long-term participation through token incentives.

Oversubscribed by 6x, the real-time blockchain prepares next steps in its public sale timeline.

MegaETH’s highly anticipated $MEGA token sale sold out within minutes on Monday, reaching its $49.95 million cap and drawing over $306 million in total commitments, more than six times the intended raise. Bids quickly pushed the token to its ceiling price of $0.0999, implying a fully diluted valuation (FDV) of $999 million.

The auction opened to retail participants at 1 p.m. UTC and offered 5% of the total $MEGA supply. More than 5,000 participants took part in the event, which aimed to “price the network by its users,” prioritizing long-term engagement over large institutional bids. This marks MegaETH’s second oversubscribed raise, following last year’s record-breaking sale on Cobie’s Echo platform.

The network continues to draw attention for its stablecoin-based fee model designed to remove reliance on traditional gas fees. According to on-chain intelligence firm Arkham, more than $285 million was committed within just two hours of the sale opening, with 819 wallets each sending the maximum $186,282 USDT to MegaETH’s sale address.

The rapid oversubscription highlights the growing appeal of MegaETH’s architecture, which promises sub-second finality and high throughput for real-world applications. Blockchain analysts from firms like Arkham have pointed out that the community’s enthusiasm stems from the project’s innovative fee structure, which uses stablecoins to provide cost certainty in a volatile market. This sale not only validates the demand but also sets a precedent for user-centric token distributions in the crypto space.

Frequently Asked Questions

What is the timeline for the MEGA token sale allocations and refunds?

After the initial bidding closed on October 27, 2025, allocations will be calculated from October 30 to November 5, with refunds issued to non-winning participants during this period. Bidders can withdraw funds between November 5 and 19, final allocations set from November 19 to 21, and $MEGA tokens distributed automatically to Ethereum mainnet wallets, with locks releasing a year later.

How will participants benefit from MegaETH’s mainnet rewards after the MEGA token sale?

Participants in the MEGA token sale and prior Echo round will earn bonus tokens through the mainnet rewards campaign once the network launches. Rewards are based on ecosystem engagement, such as staking or usage, to incentivize long-term involvement and support the real-time blockchain’s growth for scalable, low-fee operations.

This MEGA token sale underscores the shift toward community-driven funding in blockchain projects. With its real-time capabilities and stablecoin fees, MegaETH is poised to influence future developments in decentralized infrastructure. As the timeline progresses, watch for mainnet activation to unlock further ecosystem bonuses—consider engaging early to maximize rewards in this evolving space.

Key Takeaways

• Oversubscription by 6x: The $MEGA token sale attracted $306 million in commitments, far exceeding the $49.95 million cap and signaling strong market demand for MegaETH’s vision.
• Community Focus: Over 5,000 retail participants shaped the pricing, emphasizing user engagement over institutional dominance in this real-time blockchain launch.
• Post-Sale Roadmap: Expect allocations by November 21, 2025, followed by mainnet rewards to boost token utility and network adoption.

Conclusion

The MEGA token sale has successfully capped MegaETH’s real-time blockchain fundraising at $49.95 million amid overwhelming interest, with a clear timeline guiding allocations and distributions through November 2025. This event reinforces the viability of stablecoin-based models for scalable crypto networks, drawing commitments from thousands of users worldwide. Looking ahead, the mainnet rewards campaign will further engage the community, positioning MegaETH as a key player in efficient blockchain technology—explore participation opportunities to join this momentum.

Timeline after open bidding

Following the initial sale, the next phase runs from October 30 to November 5, during which allocations will be calculated and refunds sent to non-winning participants. Between November 5 and 19, bidders who wish to withdraw will be able to reclaim their funds before final allocations are set from November 19 to 21. Following that, $MEGA distribution will occur automatically to winning wallets on Ethereum mainnet, with locked tokens released a year later.

MegaETH’s public sale sets up the next phase of its rollout, the mainnet rewards campaign. Participants from both the Echo and public sale rounds will receive bonus tokens once the network launches, based on their engagement within the ecosystem.

Taken together, the quick sellout and detailed post-sale roadmap highlight continued attention toward community-funded blockchain models focused on real-time, scalable operations.

Also read: MegaETH Launches USDm Stablecoin to Lower Fees and Boost Growth