GMX responds to concerns about MegaETH's launch progress: the contract has been deployed, and the official launch date is to be determined.

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Deep Tide TechFlow reports that on March 6th, in response to community concerns about the slow progress of MegaETH’s launch, GMX issued a statement saying that since the MegaETH mainnet went live in the second week of February, the ecosystem is still in the initial development stage. Currently, on-chain TVL remains relatively limited, and most protocols are still in testing and optimization phases. GMX stated that its smart contracts have been deployed on the chain, and the team is working on several preparations, including ensuring initial liquidity, improving the GLV [USDM-USDM] vault’s liquidity provider (LP) incentive design, optimizing the trading user experience, and collaborating with DeFi protocols built on MegaETH to leverage composability. However, the official launch date has not yet been determined. It is expected that they will follow up as soon as MegaETH announces the next phase of ecosystem development plans.

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