MegaETH Launches Real-Time Ethereum L2 With Sub-10ms Blocks and $89M TVL

TLDR: MegaETH processes over 100,000 TPS with sub-10ms block times, settling all activity directly on Ethereum mainnet. iTRY, a Turkish Lira stablecoin backed by money market funds, launches with a real-time 45% APY yield loop strategy. Kumbaya XYZ holds $51M of MegaETH’s $89M TVL, with USDM capturing 74% of the network’s $84M stablecoin market cap. [...]

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