Avon halts MegaETH deployment, announces shutdown of MegaVault with users urged to withdraw funds immediately as project pivots amid uncertainty

𝕏/@avon_xyz •

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Order book lending needs deep two-sided books. At roughly $19M TVL against Kumbaya's $51M DEX dominance, Avon never reached the density where real-time quotes beat pool-based lenders like Aave on borrow cost. Pulling out days before the MEGA TGE when Avon was one of the 10 Mega Mafia apps that cleared KPI-2 is uglier than a clean sunset — "withdraw immediately" is risk-event language, not standard deprecation.

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Featherlend takes over operation of Morpho’s Mini App on World Network, expanding access to Morpho across Sei, Celo, Kaia, Hemi, Soneium and MegaETH

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MegaETH defends pivot to first-party building, says incentive spending didn't make sense in 2026

MegaETH sunsets MegaMafia after most incubated apps stop building on its chain

Uniswap adds MegaETH swaps, LPing, and API support with 100,000 TPS and 10ms blocks

MegaETH-based futures exchange MNX raised $6.4M at a $40M valuation to build trading markets around AI company valuations, compute resources, equities, and prediction markets

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Avon halts MegaETH deployment, announces shutdown of MegaVault with users urged to withdraw funds immediately as project pivots amid uncertainty

More coverage

Explore the topic

More on MegaETH

Featherlend takes over operation of Morpho’s Mini App on World Network, expanding access to Morpho across Sei, Celo, Kaia, Hemi, Soneium and MegaETH

MegaETH's USDm supply plunges over 95% from $600M May peak to $18M as network usage dwindles

MegaETH defends pivot to first-party building, says incentive spending didn't make sense in 2026

MegaETH sunsets MegaMafia after most incubated apps stop building on its chain

Uniswap adds MegaETH swaps, LPing, and API support with 100,000 TPS and 10ms blocks

MegaETH-based futures exchange MNX raised $6.4M at a $40M valuation to build trading markets around AI company valuations, compute resources, equities, and prediction markets

Featherlend takes over operation of Morpho’s Mini App on World Network, expanding access to Morpho across Sei, Celo, Kaia, Hemi, Soneium and MegaETH

MegaETH's USDm supply plunges over 95% from $600M May peak to $18M as network usage dwindles

MegaETH defends pivot to first-party building, says incentive spending didn't make sense in 2026

MegaETH sunsets MegaMafia after most incubated apps stop building on its chain

Uniswap adds MegaETH swaps, LPing, and API support with 100,000 TPS and 10ms blocks

MegaETH-based futures exchange MNX raised $6.4M at a $40M valuation to build trading markets around AI company valuations, compute resources, equities, and prediction markets

Comments

More on MegaETH

Featherlend takes over operation of Morpho’s Mini App on World Network, expanding access to Morpho across Sei, Celo, Kaia, Hemi, Soneium and MegaETH

MegaETH's USDm supply plunges over 95% from $600M May peak to $18M as network usage dwindles

MegaETH defends pivot to first-party building, says incentive spending didn't make sense in 2026

MegaETH sunsets MegaMafia after most incubated apps stop building on its chain

Uniswap adds MegaETH swaps, LPing, and API support with 100,000 TPS and 10ms blocks

MegaETH-based futures exchange MNX raised $6.4M at a $40M valuation to build trading markets around AI company valuations, compute resources, equities, and prediction markets

Featherlend takes over operation of Morpho’s Mini App on World Network, expanding access to Morpho across Sei, Celo, Kaia, Hemi, Soneium and MegaETH

MegaETH's USDm supply plunges over 95% from $600M May peak to $18M as network usage dwindles

MegaETH defends pivot to first-party building, says incentive spending didn't make sense in 2026

MegaETH sunsets MegaMafia after most incubated apps stop building on its chain

Uniswap adds MegaETH swaps, LPing, and API support with 100,000 TPS and 10ms blocks

MegaETH-based futures exchange MNX raised $6.4M at a $40M valuation to build trading markets around AI company valuations, compute resources, equities, and prediction markets

Total stats

How to Earn