PANews
PANews|Oct 30, 2025 13:28
[MegaETH Public Offering Officially Concluded: Over 50,000 Participants with Total Subscription Amount Reaching $1.39 Billion, Oversubscribed by 27.8 Times] According to the official announcement, the Layer-1 project MegaETH public offering has officially concluded, attracting over 50,000 participants with a total subscription amount reaching $1.39 billion ($1.39B), and an overall subscription ratio of 27.8 times. The official statement indicates that the next phase will involve allocation and refund processes: Users with bids below $0.0999 will automatically receive refunds; Users with bids equal to $0.0999 will enter the allocation review phase, which will last until November 5, when the final allocation results will be announced, and refunds for users who did not receive allocations will begin processing.
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