On November 10, 2026, BlockBeats reported that Elysium, described as the first Layer 2 in the Hyperliquid ecosystem, had been on mainnet for 15 hours. The activity on record was not a quiet technical handoff. It was a burst of token issuance, meme trading, and a commemorative NFT whose free mint was already finished.
What the first 15 hours showed
BlockBeats put the tally at more than 12 million cumulative transactions, more than 474,000 addresses, and a peak above 750 transactions per second. On-chain trading volume had passed $100 million, a level the report said was close to HyperEVM over the same period. Total value locked was about $50 million.
Those numbers describe how quickly people showed up. The same dispatch said token issuance turned especially active once mainnet opened.
Launch tools, not a short list of projects
Montra, Ascend, and other platforms had been issuing large numbers of tokens since the community RPC period, and BlockBeats said they contributed the main trading volume. At the time of the report:
- Montra had issued about 58,000 tokens
- Boxa about 26,000
- Ascend about 3,800
The total number of tokens issued on the chain had passed 100,000. Read as a community pattern, that is a small set of issuance tools and a very large pile of tickers, not a curated lineup of products.
The names drawing heat
BlockBeats listed six tokens then leading by attention. The market figures below are those reported on November 10, 2026. Several had already fallen well below earlier highs. They are included here as a record of what was circulating, not as a case for buying them.
e/acc was the largest of the group: a market cap of $7 million after a high of $11.5 million, with about $2.1 million in 24-hour volume. Issued through Ascend, it was framed as an effective-accelerationism meme. e/acc is an existing internet shorthand for a stance that favors speeding technical change rather than slowing it down. On Elysium it appeared as a ticker and a theme, not as a new text or organization.
VOLTA was at $3 million, down from a high of $7 million, with about $1.8 million in 24-hour volume. BlockBeats identified it as the native token of the Volta issuance platform and said it claimed that most fees would be used for buybacks and burns. That buyback-and-burn use is a claim relayed in the report, not a mechanism the dispatch independently verified.
BLOB, issued through ElysPump, sat at $1.6 million after a high of $5.4 million, with about $2 million in 24-hour volume. Its image was an impatient-looking blue blob: a face used as the token’s character, not a described product feature.
AETHER, an ether-themed meme (the report also glosses the name with the Chinese for ether), had a market cap of $1 million and trading volume of $2 million. Unlike the other names in the list, the flash did not label that volume as a 24-hour figure.
EACCAT, issued through Montra, joined the e/acc tag to a cat. Its market cap was $450,000 after a high of $6 million, a steeper drop than the others in the list, with about $700,000 in 24-hour volume.
HYPEPE paired the gas token’s name, HYPE, with Pepe, the long-running frog meme. It was at $500,000 after having broken above $1 million, with about $1.7 million in 24-hour volume.
Taken together, the list is a stack of borrowed signs: accelerationism, a blob face, ether, a cat, and Pepe attached to HYPE. BlockBeats reminded readers that meme coins often have no practical use case and that prices move sharply. It added that several of the tokens above had relatively low liquidity and low market caps, and that caution was warranted.
A finished free mint, with no extra use announced
Separately, Elysium and OpenSea had released 8,888 commemorative NFTs titled Enter Elysium. By the November 10 report, minting was fully complete. The mint was free and aimed at early ecosystem participants and some OpenSea users.
On OpenSea, the floor was about 0.33 HYPE. Recent sales were mostly in the $20–21 range. Total trading volume had passed 1,750 HYPE, and about 5,530 addresses held the series. The report positioned the set narrowly, as a launch souvenir. No additional utility had been announced.
The connection that was still on the calendar
Elysium uses HYPE as its native gas and settles to HyperEVM. The report also said the network planned to ship HyperCore read and write precompiles about four weeks after launch, so Elysium activity could compose directly with the Hyperliquid order book. As of that November 10 dispatch, the order-book link was still a plan on a roughly four-week clock, not a feature already live.
Source: BlockBeats, November 10, 2026.
