Elysium to Launch on November 9, Supporting Multiple Trading Applications

Elysium will officially launch on November 9, with trading applications Fomo and Pumpfun supporting the chain, and GMGN also announcing its participation on the first day. As the Robinhood Chain market cools down, on-chain traders have shown strong interest in Elysium, and Ansem has expressed significant attention as well. The initial testing data released by Ascend shows a trading volume of approximately $5.97 million, completing 47,254 transactions, deploying 873 tokens, and generating $34,808 in protocol fees, indicating robust new token supply and trading demand. The real highlight of Elysium lies in its backing by Hyperliquid, Kinetiq, and their applications, aiming to connect new token issuance, trading, and long-term operations. Hyperliquid's trading business has been launched, but there remains a significant gap on the application side, with HyperCore responsible for the order book and trade matching, while HyperEVM handles smart contract applications, both sharing the underlying state and needing to balance operational efficiency.

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