MegaETH’s Nov. 25 USDm pre-deposit launch encountered system crashes, misconfigured parameters, and a premature multisig transaction, disrupting operations and invalidating a planned $1 billion capacity. KYC issues and technical bugs forced the team to lock deposits at $500 million, a limit reached within seconds. Initially intended as a $250 million cap event, it experienced rapid oversubscription before being frozen. MegaETH has committed to a rollback and withdrawal process for participants.