Layer 2 · rank #506

MegaETH MEGA

$0.0388-2.0% 1d+2.0% 7d+7.1% 30d

Amber List mixed

Monthly: forming bar is a green inside bar. Current low 0.0301 is unconfirmed — it confirms above 0.04534.
Weekly: forming bar is a red inside bar. Last confirmed swing low 0.0301 (Aug 2026), week 4 of a cycle that has typically run 9.
Daily: bar is a red 2-Down. Last confirmed swing low 0.03623 (2026-09-02), day 5 of a cycle that has typically run 7. Current low 0.03872 is unconfirmed — it confirms above 0.03953. Cycle-low confidence 27%.
Amber List: 79% below the 2026-04-30 high; +29% off the 365-day low.
Gauges: -77% from the all-time high.

Last 18 months, log scale

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

CoinGecko + DefiLlama, pulled 2026-09-07 .xlsx

Health52 / 100 · Sound

Liquidity (24h volume / market cap) can you get out	10.64 %	15.0 / 15
Supply overhang (FDV / market cap) unlocked supply waiting to sell	8.85 x	0.0 / 15
Size (market-cap rank) survivorship	506 #	0 / 15
Usage (price / annualized fees) fees people actually pay to use it (DefiLlama)	60.6 x	15.5 / 20
TVL backing (market cap / TVL) capital parked in it (DefiLlama)	1.01 x	15.0 / 15
Fee momentum (30d vs prior 30d) is usage growing into the recovery	16.1 %	6.6 / 10
Age on Coinbase survived a cycle	0.4 yrs	0.0 / 10

7 of 7 measurable; score renormalized over what was measurable.