MegaETH、Monad、Story、Abstract……
Author: Shushu
Last night, Berachain launched the mainstream trading platform, and the price briefly exceeded US$15. Both long and short sides changed hands violently. In less than 24 hours, the trading volume exceeded US$2.2 billion. However, the current price has dropped by 50% from its high point, making many people sigh. It is another feast for the Air Force.
According to Kaito’s Mindshare ranking, the top encryption projects today include MegaETH, Monad, Story, Abstract, etc. None of the above well-known projects have yet to be TGE. BlockBeats has compiled and summarized the popular projects in its ecosystem for readers ‘reference.
MegaETH
megaETH has just announced the launch of the new NFT series The Fluffle, with a total number of 10000 units. The whitelist price is 1 ETH. The rights enjoyed by the holder include the next 5% token allocation. However, due to the excessive pricing, the community has accused him of harvesting liquidity in advance., and the fact that the test network has not yet been launched has also raised doubts about its delivery capabilities. However, its ecological projects have attracted more and more attention from the community recently. Here are the popular projects of MegaETH Ecology.
GTE
Global Token Exchange (GTE) is the head trading platform of the MegaETH ecosystem. On January 17, GTE announced that it had raised US$10 million in three rounds of financing. These include a $1.5 million pre-seed round, a $6.942 million seed round, and a $2.5 million community round, the latter of which was conducted on Echo, a platform founded by crypto trader Jordan Fish (aka Cobie).
GTE enables users to trade at optimal prices by integrating functions such as asset creation, spot and leveraged trading. The platform also provides fair Launchpad and Takeoff services for token issuance, while ensuring that users always control their funds and enjoy the speed and liquidity of a centralized exchange, while maintaining decentralized security and transparency.
CAP Labs
CAP is a stablecoin engine that provides on-chain benefits by using external revenue sources such as arbitrage, MEVs and RWAs. Unlike traditional designs based on endogenous models, CAP provides flexible revenue strategies. Users only need to select the denomination of stablecoins they want to hold, and behind it will continue to generate revenue through a dynamic adjustment strategy. CAP’s stablecoins can be redeemed on demand and are fully decentralized, ensuring that users always control their assets while avoiding the high risks and opacity of traditional finance. According to Jin, a member of MegaETH team, CAP has completed a pre-seed round of financing of US$1.9 million.
Euphoria
Euphoria is a derivatives trading platform. The project is committed to reshaping the derivatives trading experience, transforming the traditional complex and serious trading process into a relaxed, social and fun form of interaction. Through its mobile-first Tap Trading platform, Euphoria allows users to participate in the market in a more intuitive, gamified way without worrying about complex technical details.
Founders Nathan and Casey have a deep background in the crypto industry. Nathan founded LocalCoinSwap and accumulated rich trading and product development experience in the crypto field, then founded DeFi Cartel and eventually Euphoria. Casey is an educator and business development expert in the encryption industry. After discovering DeFi, he devoted himself to it and quit his encryption education company in 2024.
Noise
Noise is an innovative project in the MegaETH ecosystem that is committed to building a new trading paradigm in the crypto market-“Mindshare” trading. The platform isolates “Mindshare”, a hidden factor in traditional market analysis, and creates it into a tradable asset class. Users can trade not only the token itself, but also the market attention of a token or track.
This mechanism provides the market with a new analytical dimension, allowing traders to trade based on fluctuations in market sentiment and changes in attention, thereby creating new investment strategies. Through this innovation, Noise may change the price discovery mechanism in traditional markets, so that transactions no longer just focus on asset prices, but expand to a game of “market mind”, bringing a more efficient and transparent pricing system to the market.
Monad
On February 4, parallel EVM network Monad hinted that testnet may be launched within this month. The following are the current hot projects in its ecosystem.
aPriori
aPriori is Monad’s ecologically native MEV-driven liquidity pledge platform. It aims to optimize Monad’s network performance and user experience by developing new MEVs and liquidity pledge architectures. Currently, aPriori has a total financing amount of US$10.7 million. Its team members come from the field of high-frequency trading and have experience in top companies such as Jump Crypto, Flow Traders and Coinbase.
aPriori proposed a new MEVA design paradigm: probabilistic valuation. The scheme uses partial block auctions, allowing builders to build the top of blocks from packages submitted by searchers, while verifiers attach the remaining transactions from a public memory pool. This method greatly reduces latency and adapts Monad’s performance to the greatest extent.
Kuru
Kuru is a fully on-chain orderbook platform that completed a US$2 million seed round of financing in July last year. Supported by the Monad blockchain, Kuru has achieved high throughput and low transaction costs, allowing market makers to update quotes frequently without high handling fees and slow block times, providing better prices and lower slippage. Kuru’s design optimizes the EVM environment and allows users to create and cancel limit orders at a lower constant gas fee, thereby enhancing market liquidity and price spreads.
Kintsu
Kintsu is Monad’s native liquidity pledge protocol. It attempts to solve the liquidity problem in traditional PoS pledge and provides users with a more flexible and valuable pledge method, allowing users to fully utilize their assets while ensuring the safety of funds. It completed a US$4 million seed round of financing in July last year.
NFT Series
Monad Ecology attaches great importance to the construction of NFT culture. The following are its NFT series that have attracted more attention from the community:
Lil Chogstar
PFP NFT, a feature based on the Monad ecosystem, was inspired by the Monad ecological mascot “Chog”.
Monadverse
The core product of the much-anticipated NFT project on the Monad chain is the Monanimals NFT series.
Monadians
The futuristic PFP NFT project was led by Monad community members @barrybutterhand and @edenwagmi.
Spiky Nads
Monad Ecology’s early NFT project, built by @andlfthegreat,@jakxpixel and@0xkaya_.
Story
On February 4, Story released its white paper The Story, which is about to be released on the main website. It also launched a new incentive campaign on Binance. The following are the hot projects in the Story ecosystem.
PiperX
PiperX is the native DEX of the Story ecosystem.
Spotlight Protocol
Spotlight is a platform that combines AI, Crypto and meme cultures and is committed to transforming “stories” into economies. Through Story, Spotlight makes intellectual property (IP) assets that can be traded, pledged, and has a self-protection mechanism, solving the core problems faced by traditional meme coins, such as lack of brand power and inability of creators to benefit.
As the verification and liquidity layer of decentralized IP, Spotlight not only provides a new economic incentive system for IP creators, Token creators and communities, but also builds a unique IP governance mechanism through market trust weights. In this way, Spotlight makes Meme culture truly a valuable economic engine and promotes the comprehensive development of IP on blockchain.
Benjamin
Story Ecosystem’s first AI Agent focused on DeFAI, supported by Story’s IP management and lending marketplace Unleash Protocol.
Abstract
On January 27, the Layer 2 Network Abstract Chain main network designed specifically for chain culture and communities was launched. The project was launched by Igloo Inc., the parent company of NFT project Puggy Penguins. Developed and previously acquired Frame, the online creator economic platform. According to community feedback, Abstract currently values user activity, and different roles have multiple ways to participate in the main network ecosystem. The following are some of the popular projects in Abstract Ecosystem.
Roach Racing Club:A gamified trading competition universe where players control cryptocurrency-related cockroaches and race to compete for rewards.
Moonshot:The Memecoin launch platform provided by DexScreener allows users to quickly issue fair coins for less than $2 and receive a free enhanced token list.
Witty:A Player vs. Jigsaw (PvZ) gaming platform, players create jigsaw challenges and set rewards, invite others to participate, and earn cryptocurrency.
Multiplier:A platform focused on earning excess returns in the Meme and agent space.
Vibes TCG:A trading card game that combines digital and physical, officially licensed Puggy Penguins IP, allowing players to collect, trade and compete against Puggy Penguins with unique abilities and rarities to create their own fantasy card set.
Myriad:A prediction platform allows users to predict various events, including the Super Bowl, presidential election, Memecoin market value, etc., and receive rewards.
Alphabot:Web3 ‘s central lottery platform helps users discover new projects, win quotas, and support favorite creators.