What's the hype after Hyperliquid's first L2 Elysium mainnet launch? e/acc and VOLTA lead the heat, with on-chain trading volume surpassing $100 million.

BlockBeats news, November 10: Elysium, the first L2 network in the Hyperliquid ecosystem, has been live on mainnet for 15 hours, with cumulative transactions exceeding 12 million, over 474,000 addresses, peak TPS above 750, on-chain trading volume surpassing $100 million, approaching HyperEVM levels during the same period, and TVL of approximately $50 million. Since Elysium's mainnet launch, token issuance activities have been quite active. Platforms such as Montra and Ascend have issued a large number of tokens since the community RPC operation period and contributed the majority of trading volume. Montra has issued approximately 58,000 tokens, Boxa has issued approximately 26,000, and Ascend has issued approximately 3,800. The total number of tokens issued across the chain has exceeded 100,000 types, among which the most popular tokens are:

e/acc currently has a market cap of $7 million, previously peaking at $11.5 million, with 24-hour trading volume of $2.1 million. It is an effective accelerationism-themed meme token issued through the Ascend platform;

VOLTA currently has a market cap of $3 million, previously peaking at $7 million, with 24-hour trading volume of $1.8 million. It is the native token of the Volta issuance platform and claims that most fees are used for buyback and burn.

BLOB currently has a market cap of $1.6 million, previously peaking at $5.4 million, with 24-hour trading volume of $2 million. It is a meme token issued through the ElysPump platform, featuring an impatient blue blob character.

AETHER (以太) currently has a market cap of $1 million and trading volume of $2 million. It is an Ethereum-themed meme token.

EACCAT currently has a market cap of $450,000, previously peaking at $6 million, with 24-hour trading volume of $700,000. It is an e/acc cat-themed meme token issued through the Montra platform.

HYPEPE currently has a market cap of $500,000, previously breaking $1 million, with 24-hour trading volume of $1.7 million. It is a HYPE + Pepe-themed meme token.

BlockBeats reminds users that meme coins mostly have no practical use cases and are subject to high price volatility. Many of the meme tokens listed above have low liquidity and low market caps, so investment requires caution.

In addition, the minting of 8,888 commemorative NFTs (Enter Elysium) launched in partnership between Elysium and OpenSea has been fully completed, as a free mint for early ecosystem participants and some OpenSea users. As of now, the collection's floor price on OpenSea is approximately 0.33 HYPE, with recent transaction prices mostly in the $20–21 range, total trading volume exceeding 1,750 HYPE, and approximately 5,530 holding addresses. The NFT is currently positioned as a launch commemoration, with no additional utility announced yet.

Elysium uses HYPE as its native gas, settles to HyperEVM, and plans to launch HyperCore read-write precompiles approximately four weeks after launch to enable direct composability with the Hyperliquid order book.