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

Ladder plate

Kinetiq describes the path a new asset takes through Elysium: a long tail AMM, then the chain's PropAMMs, then a HyperCore spot book, then a HIP-3 perp. p/elysium climbs a ladder with the same four rungs. Each rung opens on a condition the site reads from the chain. None opens on a date.

Rungs

rung	name	condition
1	curve	coin address set and bonding curve complete is false
2	pool	bonding curve complete is true and a PumpSwap pool exists
3	mirror	mirror pool address set and liquidity above zero
4	book	parent contract reports coreWriterReady

What each rung means here

curve. The coin is on the pump.fun bonding curve. Trades are batched from the curve account. The sink buys on the curve.

pool. The curve has completed and the coin trades on a PumpSwap pool. Trades are batched from the pool. The sink buys from the pool.

mirror. The twin exists on Elysium in a pool quoted in HYPE whose position the parent contract holds and cannot withdraw. Crossings are live. The gap is live. The sink can buy on either side.

book. The parent contract can write order intents to HyperCore through ElysiumCoreWriter, which Kinetiq has said arrives in an ArbOS upgrade about four weeks after mainnet. When the flag is set the treasury places resting orders for the twin on the HyperCore book and the reading on this page shows them.

Book orders

order	side	size	price	status	tx

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

Ladder plate

Rungs

What each rung means here

Book orders