MegaETH (MEGA) — price, funding and open interest
MEGA/USDT perpetual on Binance · Bybit · OKX · Hyperliquid · BingX · Upbit · Bitget · Kraken · Coinbase · MEXC · Gate · KuCoin · HTX · Coinbase Intl: price 0.045265, 24h turnover $27.1M. Updated in real time.
What this is
Layer-2 networkMegaETH is an Ethereum L2 with a real-time ambition: millisecond confirmations and tens of thousands of transactions per second via a single powerful sequencer and off-loaded execution. One of the most discussed infrastructure projects of 2024–2025: Vitalik Buterin invested personally, and public rounds drew orders of magnitude more demand than the cap. The MEGA token is the network's economy. The flip side of the architecture is the centralized sequencer, with decentralization promised in stages.
MEGA unlocks
Full unlock calendar →Past unlocks: 8
Chart
Chart built from data of Bybit
What the data shows
MEGA trades at 0.045265. Over 333 days it ranged between 0.030110 and 0.5300; the price now sits in the lower third of that range — 3% of the way from the yearly low to the high.
All-time high is 0.5300 (October 2025); the price is 91% below it now.
24-hour turnover is $27.1M — the 99th percentile for the year: noticeably busier than usual.
Open positions in MEGA are worth $19.8M. Over the past hour open interest rose by 0.43%. That is the 85th percentile over three weeks: more positions are open than usual.
Funding is +0.0050%: longs pay shorts, so positioning leans to buyers. For this coin that is an ordinary rate — the 26th percentile for the month.
Over the day +5.26%, over the hour +0.47%, over the last five minutes +0.20% — the move has only just started.
The daily range is 13.7% and five-minute NATR is 0.36%. That range is in the 72th percentile for the year — an ordinary day for it.
Traded on 14 venues: Binance, Bybit, OKX, Hyperliquid, BingX, Upbit, Bitget, Kraken, Coinbase, MEXC, Gate, KuCoin, HTX, Coinbase Intl — the price is cross-checked across several sources.
NATR is 0.14% on the minute and 2.78% on the hour — the move is choppy: within an hour price travels far and comes back.
MEGA correlation with Bitcoin over 24 hours is 0.26 — it goes its own way, barely looking at Bitcoin.
By turnover it ranks 221 of 2007 instruments in the screener.
By daily range it ranks 388 of 2007.
Built from current numbers and the coin's own year of history. Updates with the data.
Our observations
KairoRight now MEGA is within its usual range: volume, funding and open interest are all unremarkable.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — layer-2 network. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
Futures metrics
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.
How much money sits in open positions on each venue. The total spans every exchange listing the contract.