MegaETH Token Launch with Co-Founders Shuyao and Lei

$MEGA token is live, but the bigger story is what the launch says about the future of L2s. Co-Founders Shuyao and Lei join Bankless to unpack why MegaETH tied its TGE to app milestones, why USDM and proximity markets could become core revenue streams, and how the team is thinking about appchains, AI agents, security, and Stage 2 decentralization. --- 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 --- BANKLESS SPONSOR TOOLS: 🔮POLYMARKET | PREDICTION MARKET 🟦 COINBASE ONE | GET 20% OFF 🧭OKX | TRADE, EARN, PAY 🦊 METAMASK | DOWNLOAD NOW 🌐BRIX | EMERGING MARKET YIELD 💰NEXO | YIELD + CREDIT LINE --- TIMESTAMPS 0:00 MegaETH Reaches TGE: KPIs and Milestones 3:10 The 10 Apps That Unlocked Launch 8:12 Composability for New Crypto Apps 11:22 World Markets as MegaETH’s Liquidity Hub 14:13 USDM and the First Revenue Stream 15:59 Co-Location, Low Latency, and Proximity Markets 19:40 Proximity Markets vs. MEV 22:13 Revenue and Token Value Accrual 25:15 Ethereum Decentralization as a KPI 27:40 Token Unlocks and Launch Supply 30:31 Terminal, Incentives, and Flux 32:28 MegaETH vs. Appchains 38:31 Could MegaETH Support Polymarket Scale? 41:12 AI Agents on a Fast, Cheap Chain 47:23 KelpDAO, Arbitrum, and L2 Decentralization 55:38 Life After TGE --- RESOURCES Shuyao Kong Lai Yang --- Not financial or tax advice. See our investment disclosures here:

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MegaETH Token Launch with Co-Founders Shuyao and Lei is an episode from Bankless by Bankless.

This episode is 74:26 long.

This episode was published on Apr 30, 2026.

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