# Elysium Clears $100 Million in Onchain Trading in First 15 Hours By Simon Yoon Canonical URL: https://www.tokenpost.com/news/technology/53643 Published: 2026-11-11T06:28:48.000Z Updated: 2026-11-11T06:28:48.000Z Section: Technology > The network logged more than 12 million transactions and drew more than 474,000 addresses. Token issuance topped 100,000 cumulatively since the community RPC period. Elysium, the first layer-2 network in the Hyperliquid ecosystem, surpassed $100 million in onchain trading during its first 15 hours live, with token launches accounting for much of the early activity. The network logged more than 12 million transactions, reached a peak of more than 750 transactions per second and drew more than 474,000 addresses. Total value locked was about $50 million, and trading volume came close to HyperEVM’s over the same period. Token issuance on Elysium had topped 100,000 cumulatively since the community RPC period. Montra had issued about 58,000 tokens, Boxa about 26,000 and Ascend about 3,800. Montra and Ascend contributed much of the trading volume. Among the tokens, e/acc, a meme token based on effective accelerationism and issued through Ascend, had a $7 million market capitalization after reaching $11.5 million. Its 24-hour trading volume was $2.1 million. VOLTA, the native token of the Volta issuance platform, had a $3 million market capitalization after reaching $7 million, with $1.8 million in 24-hour volume. Elysium uses Hyperliquid (HYPE) for gas and settles on HyperEVM. The network plans to add read-and-write precompiles for HyperCore about four weeks after its [mainnet launch](), enabling direct interaction with Hyperliquid’s order book. ## Links in this article - [mainnet launch](https://www.tokenpost.com/news/technology/52986)