BlockBeats News, on November 25, MegaETH announced in a post that the $250 million cap was filled within 156 seconds. The cap will be raised to $1 billion so that users can obtain USDm on the first day.
The bridge will reopen at 11:00 AM EST. The purpose of this event is to distribute USDm to a more diverse group of users. This will not affect previous participants. All MegaETH contracts remain secure and have been audited by Zellic and Slowmist.