Pump.fun and Fomo commit to Elysium’s first day

Memecoin launchpad Pump.fun and fomo trading app will both allow users to trade on Elysium, the faster Hyperliquid-aligned chain built by liquid staking protocol Kinetiq, since its mainnet launch on November 9, giving the new network two retail on-ramps at first.

What’s the scoop?

• Applications: Pompe.fun job that trading on Elysium “starts November 9” in its application while fomo said the same. The Élysée too called fomo its “exclusive commercial partner”, without explaining what this exclusivity covers.

• The programming: Token exchange services also align: Uniswap arrivedapplications connected to the 0x exchange service will get Elysium trades “day one” and KyberSwap said it’s “ready”. Today, Elysium too announcement it will support Derive V3, bringing options trading to the network.

• Zoom out: Elysium opts for HyperEVMHyperliquid’s smart contract layer, and uses HYPE for fees, with direct links to Hyperliquid’s order books approximately four weeks after launch. Half of the revenue from Elysium sequencers will fund KNTQ’s buyouts and burns, while the remaining half will be split between builder incentives and Kinetiq’s cash flow. Kinetiq’s KNTQ token reached a an all-time high near $0.49 on October 28, up about 27% in a week, according to CoinGecko.