The structure

Elysium does not hand its trades to HyperEVM. It keeps the full data with a committee and posts a certificate small enough to fit in a single call. HyperEVM sees a root, a count and a sum. Everything else lives on the fast chain and can be checked against the root by anyone holding the data.

p/elysium does the same thing to a pump.fun coin. Every trade on the coin is a leaf. Sixty four leaves, or twenty five SOL of trading, seal a batch. The batch becomes a certificate: root, count, net flow, fee. The certificate goes to a contract on Elysium. The fee that accrued over that batch does not move until the certificate is there and two more certificates stand behind it.

Two indexers compute every root from two different nodes. When they agree the batch is certified. When they disagree the batch is challenged and everything behind it waits. There is no clock in any of this. A batch seals on the trade that fills it, a certificate settles on the certificate that follows it, and a fee moves on the settlement that releases it.

What was built

p/elysium is a pump.fun coin with a Solana program behind it named p_elysium_settlement and a contract on Elysium named PElysiumParent. The program is the sequencer and the committee. The contract is the parent chain. On every settled certificate the program claims the fee and splits it: 50% buys the coin and seals it in a sink with no sell path, 25% is paid in SOL to the wallets whose trades filled the batch, in the order of the priority fee they paid, 25% goes to a treasury that pays the coin's own gas on Elysium in HYPE.

Holders can cross. A crossing burns the coin on Solana and mints the same amount of a twin on Elysium, into a pool quoted in HYPE. There is no way back. The two prices of the one asset are read every second and their gap is the number this site is built around. The sink half of every claim buys on whichever side is cheaper, so the burn and the gap closing are the same action.

Point by point

elysium does	p/elysium does
executes on its own fast chain, settles to HyperEVM	executes on pump.fun, settles to a contract on Elysium
posts a compact certificate, keeps the data with a committee	posts root, count, net flow and fee, keeps every trade leaf in the program's register
pays gas in HYPE	pays its own gas on Elysium from a HYPE reserve the treasury fills
splits sequencer revenue 50 to KNTQ burn, 25 to builders, 25 to treasury	splits every fee claim 50 to the sink, 25 to the traders of the batch, 25 to the treasury
orders transactions by priority fee with no privileged lanes	orders every payout by the priority fee the trade paid, no privileged wallet
finalizes withdrawals after a challenge window	releases a payout after two further certificates stand behind it
permissioned validation now, fraud proofs later	two indexers, a challenged state on any disagreement, a dispute register
forced inclusion through the delayed inbox	any holder can force a seal after 128 unsealed trades
mirror bridge carries native tokens up to HyperCore	a crossing burns here and mints the twin there, one way
long tail AMM, PropAMM, HyperCore spot, HIP-3 perp	curve, pool, mirror, book

elysium does

p/elysium does

executes on its own fast chain, settles to HyperEVM

executes on pump.fun, settles to a contract on Elysium

posts a compact certificate, keeps the data with a committee

posts root, count, net flow and fee, keeps every trade leaf in the program's register

pays gas in HYPE

pays its own gas on Elysium from a HYPE reserve the treasury fills

splits sequencer revenue 50 to KNTQ burn, 25 to builders, 25 to treasury

splits every fee claim 50 to the sink, 25 to the traders of the batch, 25 to the treasury

orders transactions by priority fee with no privileged lanes

orders every payout by the priority fee the trade paid, no privileged wallet

finalizes withdrawals after a challenge window

releases a payout after two further certificates stand behind it

permissioned validation now, fraud proofs later

two indexers, a challenged state on any disagreement, a dispute register

forced inclusion through the delayed inbox

any holder can force a seal after 128 unsealed trades

mirror bridge carries native tokens up to HyperCore

a crossing burns here and mints the twin there, one way

long tail AMM, PropAMM, HyperCore spot, HIP-3 perp

curve, pool, mirror, book

How a fee moves

trade | open batch (64 trades or 25 SOL seals it) | sequenced root by indexer one | certified root by indexer two matches, posted to Elysium | settled two certificates behind it | claim ───┬─ sink 50.00% ├─ traders 25.00% ordered by priority fee └─ treasury 25.00% becomes HYPE on Elysium crossing burn on Solana → mint twin on Elysium → pool quoted in HYPE no path back

The rules

seals at

64 trades or 25 SOL

sink share

50% of each claim

trader share

25% of each claim, by priority fee

treasury share

25% of each claim

release after

2 further certificates

force line

128 unsealed trades

crossing

one way, burn here, mint there

arb side

the cheaper of the two prices

reserve move at

0.5 SOL in treasury

team share

Batches

batch	state	trades	sol	net flow	fee	first slot	last slot	sequencer root	verifier root	elysium tx	settled

Tree

Every batch the sequencer has sealed, with both roots, its certificate on Elysium and its settlement. A batch is open until the trade that fills it. A certificate is final when two certificates stand behind it. A challenged batch freezes everything behind it until both indexers agree.

Leaves of the latest sealed batch

index	slot	wallet	side	sol	tokens	priority fee	leaf

A leaf is the hash of signature, slot, wallet, side, lamports, tokens and priority fee. The root is the binary tree over the leaves in slot order, the last leaf repeated on odd levels.

Disputes

batch	attempt	sequencer root	verifier root	cleared

A dispute is written when the two roots differ. It clears only when both indexers re run and agree.

Sealing arithmetic

trades	sol	seals

Why a certificate and not the trades

Posting every trade to the parent chain is what makes most rollups expensive. Elysium posts a certificate and keeps the data with a committee, so the parent cost of a batch is the size of a root and a few integers. p/elysium keeps the leaves in its own register and posts the same shape. Anyone with the leaves can rebuild the root and check it against the contract on Elysium. Anyone without them cannot, which is why there are two indexers and a challenged state.

price
value
supply
holders
open batch trades
open batch sol
certificates
settled
unclaimed fee
sealed in sink
paid to traders
treasury
gas reserve
crossed

trades in open batch
trades to seal
sol in open batch
sol to seal
trades since last seal
force line	128
state of last batch
gap state

The structure

What was built

Value

Latest certificate

Point by point

How a fee moves

Next seal

The rules

Batches

Payouts

Recent trades

Batches

Tree

Leaves of the latest sealed batch

Disputes

Sealing arithmetic

Why a certificate and not the trades