MegaETH Deposits Surge Following MEGA Token Launch

MegaETH experienced a significant increase in deposits on Aave, surpassing $575 million on Friday, shortly after the launch of the MEGA token. According to NS3.AI, the platform had approximately $355 million in total DeFi deposits when the token generation event commenced on Thursday. MegaETH's mainnet was launched on February 9, with Aave operational from the first day, pledging at least $10 million in revenue to the Aave DAO over a five-year period.