GMX responds to concerns about MegaETH's launch progress: the contract has been deployed, and the official launch date is to be determined.

SmartContractAuditor · 2026-03-06T13:33:57+00:00

GMX responds to community concerns about the slow progress of MegaETH, stating that since its launch in February, the ecosystem has been gradually starting up. The on-chain TVL remains limited, smart contracts have been deployed, and the team is working on liquidity and user experience improvements. However, the official launch date has not yet been determined and is expected to be announced after the next phase of planning.

SmartContractAuditor

2026-03-06 13:33:57

Abstract generation in progress

Odaily Planet Daily reports that in response to community concerns about the slow progress of launching on MegaETH, 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 stages. 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’s liquidity provider (LP) incentive design, 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 to follow shortly after MegaETH announces the next phase of ecosystem development plans.

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