World Markets (WM) has launched a decentralized exchange on the MegaETH network, offering spot, perpetual, and lending services under a single on-chain account. Co-founder Kevin Coons highlighted the platform's unique risk management approach, which eliminates auto-deleveraging (ADL) and unfair liquidations, protecting traders with delta-neutral positions. This launch follows the MegaETH mainnet debut on February 9, which has seen a 65% increase in total value locked, reaching $66.5 million. WM plans to introduce vaults for automated leveraged basis trades within one to two months and is focusing on asset listings over fundraising, with liquidity support from MegaETH. A mobile app is expected later this year. Despite the network's growth, MegaETH has not yet met the conditions for a MEGA token launch.