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ELYSIUM MAINNET: I RESEARCHED IT ON SURF TO GIVE YOU GUYS AN EASIER OVERVIEW @Enter_Elysium the first Layer 2 running on HyperEVM developed by Kinetiq has officially launched on mainnet. I just used @SurfAIHQ to research the project's on-chain data, sequencer cash flow, and tokenomics. Here is the real picture so you guys stay sharp before putting money in: 1/ REAL INFRASTRUCTURE, BUT STILL NEEDS FURTHER MONITORING ✦Ultra-good technical specs: Mainnet RPC probed: standard block time ~105ms, super cheap gas fee ~$0.003/tx (paid in bridged HYPE). ✦The catch: The most lucrative hook feature — the ability to read/write directly to the HyperCore orderbook with ultra-low latency — is not yet present on this mainnet version. ➔ For now, Elysium is just a fast-running Arbitrum Orbit L2 settling to HyperEVM. We have to wait until the December 2026 upgrade to see if it actually creates a true breakthrough for HFT setups. 2/ SEQUENCER REVENUE & THE $KNTQ BUYBACK NARRATIVE Marketing is heavily hyping the mechanism where "50% of sequencer fees are used to buyback/burn $KNTQ". But inspecting data on Surf reveals the reality is quite thin: ✦ Day 1 reached ~5 million txs, bringing in total fees of ~220 HYPE (~$16k/day). ✦ 50% buyback maxes out at only ~$8k/day (~$240k/month). If the network only counts priority fees (tips) as sequencer revenue, that buyback figure drops down to a mere ~$400/day. ✦Comparing against Unlock pressure: Starting November 27, ~12.9M KNTQ/month (~$5.2M) will begin unlocking into the market. The current buyback amount can only absorb roughly ~0.2% to 5% of that sell pressure. 3/ TRACTION: 5 MILLION TXS BUT 2/3 ARE BOTS ✦Chain TVL currently stands at ~$5.2M, with Day 1 DEX volume at ~$5.65M (mostly on Uniswap v4). ✦Deep dive into the latest 240 blocks: Top 10 wallets account for up to 66.5% of total transaction volume. ➔ Activity mostly comes from MEV bots and volume-farming memecoin launchpads (like Pump, Montra), with no genuine retail users yet. 4/ SCAMS & RISKS TO AVOID ✦Name-collision scams: There are currently at least 3 networks named "Elysium". When bridging funds, make sure to double-check the official RPC (https://t.co/vwEldH5VgG) to avoid blindly copying from Chainlist and losing money. ✦Single Sequencer: Currently 100% run by Conduit, with no public mempool and funds withdrawal taking ~5.5 days through the challenge period. There are many opportunities, but alongside them, there are also quite a few bad NFTs and trash projects on @Enter_Elysium, so please be careful guys. Wishing you guys sweet gains during these tough times🥰 #Elysium #Mainnet #SurfAI

Hyperliquid 生态的 L2 Elysium，公共主网于11月9日正式开放。 Elysium 由 Kinetiq 开发，结算到 HyperEVM，10月19日已开始试运行。因此，累计数据包含此前的运行记录。 🔷 实际使用：平均交易费用约0.0039美元 平均每笔交易费用约0.0000523枚HYPE，折合约0.0039美元。 官方已覆盖的35个活跃项目，应用TVL约400万美元，累计应用交易量约9910万美元。 🔷 手续费与销毁：累计收费641.24枚HYPE，销毁需要单独核算 Elysium在HyperEVM上提交批次及初始化的608笔交易，实际Gas支出合计约0.077960枚HYPE，这部分按照HyperEVM规则销毁。 官方公布，50%的排序器收入用于回购KNTQ，25%分配给生态建设者，这些安排不能直接计入HYPE销毁。 🔷 接下来最关键的功能，仍待升级 目前已开放使用HYPE支付Gas、约100毫秒出块、跨链及EVM应用执行。 直接读取HyperCore盘口、价格、余额和持仓，以及通过交易代理向HyperCore下单，官方计划在主网上线约四周后的升级中加入。

Elysium is officially LIVE, and VelvetX is already there. ⚡ One thing I find interesting is how early VelvetX positioned itself around the Elysium ecosystem, supporting the network even before mainnet. Now that it's official, here's what users can explore: → Gasless swaps to and from Elysium across Solana, Base, BNB, Robinhood Chain and more. → Track over 10M doxxed wallets and follow smart money. → Use Velvet Unicorn AI for deeper market research. → Trade Elysium alongside HyperEVM and other supported chains, all from one terminal. Elysium brings 100ms block times and native HyperCore composability, with Kinetiq behind its development. For me, the interesting part is having cross-chain trading, wallet intelligence and AI-powered research accessible through one platform. VelvetX was there before mainnet. Now it's ready for the next chapter. Definitely one to keep an eye on. 🦄 @Velvet_Capital @Enter_Elysium @Kinetiq_xyz