Post

12 hours into Elysium mainnet, the founder's own count: ~$90M of volume, ~9M txs, 145k+ unique accounts, ~$50M TVL. Yesterday morning the question was which comes first: bridge over 250k HYPE or KNTQ back over $0.45. The bridge got there by the evening. It sits at 433.2k HYPE now (~$32.3M), 2.1x the 210.4k counted at the open. KNTQ: $0.39 at the open, $0.40 now. Chain read for Nov 9 (UTC), opsis explorer: 4.22M txs, 136.7k active addresses, 38.9k new tokens. The money showed up. The token that collects the fees barely moved. I think that gap closes through buybacks, not through more bridging. KNTQ over $0.45 by Friday, yes or no?

Hyperliquid is expanding beyond decentralized perpetual futures trading into infrastructure for external products and chains. Kinetiq plans to launch Elysium, Hyperliquid’s first L2, on November 9. The L2 is designed to read Hyperliquid’s full order book and targets processing capacity roughly 100 times that of HyperEVM. Other integrations span different layers: Papertrade reads Hyperliquid mid-prices, while Trade[XYZ] uses the HIP-3 framework to open markets on HyperCore’s matching engine. ICE has announced an investment in Trade[XYZ] for a planned regulated U.S. perpetual futures market. Why it matters: Hyperliquid’s on-chain order book and matching engine are becoming components that other applications can use directly. Read the full article: https://t.co/P9F5Nz1NP8

a lot of drama for first 24h of Elysium launch at one of worse market conditions and sentiment time will tell i still think it has it's place in crypto sun Kalos x Ascend combo