According to official announcements, the MegaETH Foundation completed its first MEGA buyback on May 7, using all net proceeds accumulated by the USDm issuer as of the end of April. The current USDm supply stands at $480 million. MegaETH stated that future buybacks are planned to be conducted programmatically and on-chain.
MegaETH Foundation Completes First MEGA Buyback Using USDm Net Earnings
TechFlowShare
Summary
The MegaETH Foundation executed its first MEGA token buyback on May 7, 2026, using USDm net earnings as of April 30. The USDm supply now totals $480 million. The foundation plans to conduct future buybacks programmatically and in conjunction with on-chain news updates. New token listings remain a key focus for the ecosystem.
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