GMX responds to MegaETH launch progress concerns, contract deployed, official launch date to be announced

MarsBitNews · 2026-03-06T06:21:55+00:00

GMX responded to the slow progress of MegaETH's launch by stating that since the mainnet went live in the second week of February, the ecosystem has been gradually starting up, with on-chain TVL remaining limited and multiple protocols still in testing. The team is working on liquidity support and user experience improvements, but a formal launch date has not yet been determined.

MarsBitNews

2026-03-06 06:21:55

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Mars Finance News: In response to community concerns about the slow progress of the MegaETH launch, GMX issued a statement saying that since the MegaETH mainnet went live in the second week of February, the ecosystem development is still in the initial stage. Currently, on-chain TVL remains relatively limited, and most protocols are still in testing and optimization phases. GMX stated that its smart contracts have been deployed on the chain, and the team is working on several preparations, including ensuring initial liquidity, improving the GLV [USDM-USDM] vault liquidity provider (LP) incentive design, optimizing the trading user experience, and collaborating with DeFi protocols built on MegaETH to leverage composability. However, an official launch date has not yet been determined. It is expected that they will follow up as soon as MegaETH announces the next phase of ecosystem development plans.

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