anthonykobzar@berkeley.edu

## TL;DR **No spot markets available** for MEGAETH (MEGA) as of 2025-12-01 - the token remains pre-launch with mainnet beta (Frontier) upcoming after recent pre-deposit refunds. If bullish, **go long perpetual futures (PERPs)** on **Bitget (MEGA/USDT)** or **Hyperliquid (MEGA/USD)**, both trading since late October with recent prices around **$0.33**. Avoid low-liquidity DEX like Uniswap v2 ($0.00000205, likely fake token). ## Current Trading Options | Exchange | Pair | Type | Stat

**Can you buy MEGA ETH right now?** – **Not on a regular spot market.** ### Why there’s no spot market yet - **Pre‑launch token** – The MEGA token is still in its pre‑TGE (Token Generation Event) phase. - **Zero on‑chain supply** – According to the latest Surf data the token shows 0 circulating supply, total supply, and price. - **No listed exchanges** – No major CEX or DEX currently lists MEGA for spot trading. The only “spot‑like” entry you’ll see (e.g., a tiny Uniswap‑v2 pair) has negl

**What’s going on?** - **Hyperliquid does have a MEGA perpetual contract**, but it’s the **“Make ETH Great Again” meme token (MEGA‑ERC20)** that launched on the Ethereum mainnet. - The **MegaETH project (the real Layer‑2 “MEGA” token)** is still in testnet/pre‑launch – it has **no listed spot or perp market anywhere**, including Hyperliquid. So if you were trying to trade the **MegaETH MEGA** token, you won’t find a contract to buy. If you meant the **meme‑token MEGA**, the contract does

**When is MegaETH (MEGA) expected to launch?** | Source | Key point | Approximate timing | |--------|-----------|--------------------| | **Surf project data** (token page) | “Mainnet beta, dubbed **Frontier**, to launch in **December** | **December 2025** (the same month as today) | | **The Defiant / AmbCrypto news (Nov 28 2025)** | The team said the USDm‑USDC bridge will reopen **ahead of the Frontier mainnet** to “deepen liquidity, easing user onboarding prior to launch.” | Implies the mainne

**Short answer:** - **Don’t buy the USDm stable‑coin if you’re looking for upside – it’s just a 1 : 1 USD‑pegged token, so it won’t go up.** - **Don’t try to buy the MEGA token today – there is no spot market yet and the on‑chain supply is still 0.** - **What you can do right now is prepare for the upcoming mainnet launch and be ready to snap up MEGA when it finally lists.** Below is a step‑by‑step guide that explains why the stable‑coin isn’t the right speculative play, what the token‑