MegaETH USDm – Milestones
Key milestones and important events in MegaETH USDm's history.
4
Total Milestones
2025
Earliest
2025
Latest
0 yrs
Span
Showing 4 milestones for MegaETH USDm
20254 milestones
4
1 Nov 2025
Multisig Error Leads to Uncontrolled Deposits
A multisig configuration error allowed a community member to prematurely execute a cap increase, leading to deposits surging past $400 million unexpectedly.
www.theblock.co/post/380402/megaeth-usdm-stablecoin-deposit-launch-turbulence-outages-cap-flips3
1 Nov 2025
USDm Pre-Deposit Window Opens
The pre-deposit window for USDm opened with a $250 million cap, experiencing immediate technical issues, outages, and overwhelming user demand.
www.bankless.com/read/news/megaeth-usdm-launch-causes-chaos2
1 Oct 2025
Public MEGA Token Sale
MegaETH completed its public MEGA token sale, which was oversubscribed and attracted over $1.39 billion in bids. KYC from this sale was required for the USDm launch.
www.theblock.co/post/379772/megaeth-open-pre-deposit-window-usdm-stablecoin-next-week1
1 Sep 2025
MegaETH Unveils USDm Stablecoin
MegaETH, in partnership with Ethena Labs, officially announced its native stablecoin, USDm, designed to lower transaction fees on its Layer 2 network.
www.theblock.co/post/369786/megaeth-usdm-stablecoin