CoinWorld News reports that in response to community concerns about the slow progress of MegaETH's 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 startup phase. Currently, the on-chain TVL remains relatively limited, and most protocols are still in testing and optimization stages. GMX stated that its smart contracts have been deployed on the chain, and the team is advancing several preparatory tasks, including ensuring initial liquidity, improving the liquidity provider (LP) incentives for the GLV [USDM-USDM] vault, optimizing the trading user experience, and collaborating with DeFi protocols built on MegaETH to leverage composability advantages. However, the 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.