# MegaETH

**Source:** https://www.startuphub.ai/startups/megaeth
**Profile type:** Startup

> A real-time, EVM-compatible Layer-2 blockchain aiming for high transaction speeds and low latency.

## About

MegaETH is a Layer-2 blockchain designed to enhance Ethereum's scalability by providing real-time transaction processing with sub-millisecond latency and over 100,000 transactions per second. It is fully EVM-compatible, allowing developers to deploy existing Ethereum applications without significant modifications. The platform aims to support latency-sensitive applications such as trading, gaming, and real-time DeFi infrastructure.

## Key facts

- **Slug:** megaeth
- **Website:** https://megaeth.io/
- **Founded:** 2023-01-01
- **Operating status:** Inactive
- **Total funding:** $470M
- **Sectors / tags:** DeFi, Cryptocurrency, Staking, Yield Generation, Ethereum, Decentralized Finance, Web3, Fintech, Blockchain, Layer 2, Scalability, Real-time Execution, EVM-compatible

## Frequently asked

### What does MegaETH do?

MegaETH is a Layer-2 blockchain designed to enhance Ethereum's scalability by providing real-time transaction processing with sub-millisecond latency and over 100,000 transactions per second. It is fully EVM-compatible, allowing developers to deploy existing Ethereum applications without significant modifications. The platform aims to support latency-sensitive applications such as trading, gaming, and real-time DeFi infrastructure.

### What is MegaETH's valuation?

StartupHub estimates MegaETH's effective valuation at $1.7B (range $1.2B to $2.8B, 19% confidence), based on comparable companies in the sector.

### How much funding has MegaETH raised?

MegaETH has raised a total of $470M in funding.

### When was MegaETH founded?

MegaETH was founded in 2023.

### What industry does MegaETH operate in?

MegaETH operates in DeFi, Cryptocurrency, Staking, Yield Generation, Ethereum, Decentralized Finance.

### What is MegaETH's current status?

MegaETH's current operating status is: Inactive.

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