
World's first Midpoint Anchored Order Book (MAOB) spot exchange, on @megaeth
Joined October 2025
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if you ever traded spot on cexs, you might find tis megaeth app interesting
explored @_canonic today, the first spot dex exchange on the rabbit chain and here are some things i find out:
- it is a fully onchain spot order book
- there's zero maker fees
- a passive lp vault with gud apy
- first dex to use a midpoint anchored orderbook (?)
built on a user friendly interface, a normie can easily navigate (safe to say, the first innovative app on mega)
so, i did few swaps on their, using the market order (no quids limit), then provided liquidity, which are basically the main features of the app
unfortunately, only few pairs can be traded their rn, and hoping they expand their wings soon
will be exploring more on the maob thing, then use it at an advantage (obviously the only =ev rpoject)
nfa, but check tis one out and let me know your view on it
rounding up my activities on megaeth for tis week, and here are few stuff i clicked today
- started with exploring some wave 4 apps, provided (usdt0/usdm) liquidity on @SectorOneDEX , did few swaps and gave a feedback
- played only two games @stompdotgg and @Showdown_TCG (lost a poker game), just these two are fascinating to start with (spent hours with stomp)
- made regular interaction on prism and kumbaya, while providing liquidity for stcUSD/usdm and mega/usdm
- interacted with caonic exchange, that uses a maob which let you trade specific tokens (tis one is cool)
- bridged using the rabbit hole and the fee there is quite lesser compared to listed dex apps on @megaeth
- finally getting hold of a strategy around mega terminal, took me a while to understand
- still here, exploring outside the chain (opensea ad some little tesnet and daily checkin)
literally, spent my day onchain
"World's first MAOB spot exchange" | @_canonic
Canonic is a fully onchain spot order book combining:
→ Zero maker fees
→ Oracle-anchored pricing
→ Passive LP vaults
→ Midpoint-anchored pricing
Trade MEGA/USDm with real-time execution and the tightest spreads on the Mega.
I just discovered another points program live on MegaETH
Canonic is a spot dex with live points
While this is a simplistic dex for now, it can be a good opportunity for low capital users
Not much people talk about it and their TVL is at only $80k, ranked as the #8 app based on that on Mega
Could be something, could be nothing, so make your own decision if it's worth the time and risks
You can trade here ETH and BTC here:
Canonic retweeted
The Daily Degen - Wednesday, February 11th, 2026
Bright Spots, Articles, Contagion, Contention, Macro, Videos, + New Projects! + $BTC, $ZRO, $USDAI, $UNI, and more!
Shout-out to brilliant accounts mentioned with <10k followers (make sure to give them a follow!):
- @leviathan_news (daily crypto news + livestreams)
- @vik_runa (defi gigabrain + builder)
- @imranfaststart (defi gigabrain and long-term TDD fren)
- @Nomaticcap (rizz-maxxed crypto podcast extraordinaire)
And shout-out to new projects highlighted: @epochdotm, @ClawdPump, @_canonic
And please RT/etc to support!
Link in next tweet 👇
Canonic retweeted
🚀 New Apps just added to our catalog:
- Canonic ( @_canonic ) - miniblocks.io/dapps/canonic
- Sir Trading ( @leveragesir ) - miniblocks.io/dapps/sir-trad…
Check out their real-time metrics and see what they're building!

















