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Pump.fun announced the launch of Elysium trading within its app on November 9

2026-10-29 00:31:20

Pump.fun announced on October 28 that it will launch Elysium trading in its app on November 9, adding support for this network focused on Hyperliquid to its multi-chain trading business. Pump.fun posted on its official X account stating "Pumpfun App x @Enter_Elysium," and added "Trading starts November 9," with Kinetiq also announcing Pump.fun's entry into Elysium.

Elysium is a Layer 2 built by Kinetiq based on Arbitrum Orbit, with transaction settlements occurring in the Hyperliquid smart contract environment HyperEVM, and network fees paid in HYPE. Its mainnet is scheduled to launch on November 9, 2026, coinciding with Pump.fun's trading start date; the chain will be rolled out in phases, with native HyperCore market data access and fast order submission paths expected to be provided in an upgrade approximately four weeks after the mainnet launch. The announcement only mentioned the Pump.fun app and did not disclose plans to migrate the company's Solana Meme coin issuance platform or its liquidity to Elysium.

This plan is independent of another Hyperliquid integration announced earlier on the same day. Pump.fun stated that perpetual contract trading is now live within the app, allowing users to go long or short on cryptocurrencies, stocks, and commodities using USDC balances without cross-chain transactions; the service charges a fee of 0.05% per transaction, reduced to 0.04% with a referral code, plus standard Hyperliquid fees. The Elysium announcement did not specify its funding channels and trading fee terms.

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