MegaETH TVL Surges 149% Since TGE — But 92% Is Locked in a Single Aave Deployment

MegaETH's total value locked has climbed from $305.44M at token generation event to $760.67M — a 149.04% gain — but the headline number carries a significant caveat: roughly $700M, or 91.9% of all TVL, sits in a single Aave protocol deployment. The concentration risk is hard to ignore. Strip out…