Fomo Elysium: trade Hyperliquid's L2 with no HYPE to hold
Fomo Elysium lets you buy and sell tokens on Elysium, the layer 2 network Kinetiq built for Hyperliquid, from the same cash balance you use on Solana, Base and the other chains. Elysium runs on HYPE, but you never top up HYPE yourself: Fomo takes the network fee out of the total you enter and shows it before you confirm. Each trade costs 0.5%, or 0.45% with referral code GEMQUEENX, plus that network fee. Elysium has been in the app since its mainnet day, November 9, 2026, and trades in Elysium tokens pay double trader rewards.
- Supported since Elysium's mainnet day
- No HYPE to hold; network fee shown before you confirm
- 2x trader rewards on Elysium tokens
GEMQUEENX
10% off fees
Fomo Elysium: key facts
- In Fomo sinceNovember 9, 2026, Elysium's mainnet day. It is the eighth chain in the app, after Arc.
- The chainA general-purpose layer 2 for Hyperliquid, built by Kinetiq on Arbitrum Orbit and operated with Conduit. It settles to HyperEVM and makes a block every 100 milliseconds.
- GasHYPE, bridged 1:1 from HyperEVM. On Fomo the network fee comes out of the total you enter, so you never hold HYPE for gas.
- BalanceThe same cash balance as Solana, Base, BNB Chain, Monad, Ethereum, Robinhood Chain and Arc. Nothing to bridge.
- Fee0.5% per trade at any size, 0.45% with referral code GEMQUEENX, plus the network fee. No minimum fee.
- Rewards2x trader rewards on Elysium tokens. Fomo's card says the boost is powered by Elysium.
- DepositUSDC on Elysium, to the EVM address you share with Base, BNB Chain, Monad, Ethereum, Robinhood Chain and Arc.
- WithdrawUSDC on Elysium, once you have checked that the receiving wallet or exchange accepts it.
- ExplorerKinetiq's own, at elysium.kinetiq.xyz/explorer. Fomo support asks for the hash from the wallet you sent from.
What is Fomo Elysium?
Fomo Elysium is Elysium support inside the Fomo app: you buy and sell tokens on Hyperliquid's layer 2 out of the same cash balance you use on Solana and Base, with no HYPE to hold, a 0.5% fee plus the network fee, and double trader rewards on Elysium tokens.
Why Hyperliquid needed a second EVM, and where Fomo fits on it
Hyperliquid is two things that live side by side. HyperCore is the order book, the engine behind the perps that Fomo already routes its leveraged trades to. HyperEVM is the smart contract chain next to it, and it is kept deliberately small: about 3 million gas a second in its regular blocks, so that contracts can stay in step with the order book. That is fine for a lending market but not enough for a busy AMM or a market maker refreshing quotes several times a second.
Elysium is Kinetiq's answer: a layer 2 on Arbitrum Orbit that settles to HyperEVM, pays every fee in HYPE and targets 300 million gas a second at 100 millisecond blocks, roughly a hundred times the room. Its docs describe a path a token can take entirely inside the Hyperliquid world: launch on an Elysium AMM, deepen on its market-making pools, graduate to a HyperCore spot order book and, eventually, get a perp listing. An upgrade about four weeks after mainnet adds direct reads of HyperCore prices and order books from Elysium contracts.
For a Fomo user that mostly disappears behind one balance. You do not add a network to a wallet, buy HYPE, bridge it over or approve a router. You filter to Elysium, look at the pool, check the network fee row and slide to buy, the same way a Base or Arc trade works. The spot side of Hyperliquid now sits in the same app as the perps side, which matters if you already trade HYPE perps on Fomo and want the tokens built around it.
Elysium is also new. It launched with a single sequencer and a single data availability server run by Conduit, with a committee still pending, and its token list is short next to Solana's. The 0.5% fee is the same as on Base, or 0.45% with referral code GEMQUEENX added before your first trade, and the pools are thinner, so size your trades for that.
What is Elysium?
Elysium is a general-purpose layer 2 for Hyperliquid. Where HyperCore runs the order books and HyperEVM runs a small amount of smart contract activity next to them, Elysium is a separate, much faster EVM that still settles to HyperEVM and pays for everything in HYPE. Anything that runs on an EVM runs there, with the usual wallets and tools.
| Elysium | |
|---|---|
| Type | Layer 2, general purpose, EVM |
| Built by | Kinetiq, operated with Conduit |
| Stack | Arbitrum Orbit |
| Settles to | HyperEVM (chain ID 999) |
| Chain ID | 99901 |
| Gas token | HYPE, bridged 1:1 from HyperEVM |
| Block time | 100 ms, with a receipt in about 300 ms |
| Throughput target | 300 million gas a second |
| At launch | One sequencer and one data availability server; a committee is pending |
| Bridge back to HyperEVM | About 5.5 days on the canonical route |
| Planned upgrade | About four weeks after mainnet: HyperCore market data and faster HyperCore orders from contracts |
The 5.5 day figure only matters if you move tokens off Elysium yourself through its canonical bridge. Inside Fomo you sell to cash like on any other chain, and a USDC withdrawal on Elysium goes straight to the address you enter.
What can you trade on Elysium with Fomo?
Elysium tokens with a pool: the ones launched on the chain's own AMMs and the HyperEVM tokens bridged over to it. The list is short next to Solana's and changes quickly, so the chain filter is the easiest way in. In the video at the top of this page, Elysium sits in the filter right under Robinhood Chain and Arc.
Every Elysium token carries the same chain badge, contract and price impact line as any other token in the app, and the feed shows which of the traders you follow hold it. CoinGecko has indexed Elysium markets since launch, which is a quick second opinion on a name you do not recognise.
How to trade Elysium tokens on Fomo
Install Fomo and sign up 10% off
Get the Fomo iPhone app or the Fomo Android app, or open fomo.family on a computer. Sign in with Apple or Google; there is no email or password login. The phone app asks for a referral code at login, so type referral code
GEMQUEENXthere before your first trade. The EVM wallet it creates already works on Elysium.Deposit once
Apple Pay, Google Pay or a debit card in the mobile app, or USDC sent on Elysium or any other supported network. One balance covers all eight chains, so money you added for a Solana trade buys an Elysium token without a bridge.
Filter to Elysium Tokens tab
On the Tokens tab, open the network filter, tick Elysium and confirm, or search a token by name or ticker. Match the Elysium badge and the contract before anything else.
Check the quote, then slide to buy Pool size first
Read the pool size and expand the details to see the Network fee row. Fomo charges 0.5% at any size and you pay the Elysium network fee out of the total you enter. Then slide to buy.
Sell from the position screen
Sell a percentage or all of it back to cash. Read the price impact first: on a chain this young, a sell that looks small against the market cap can be large against the pool.
How do I deposit or withdraw USDC on Elysium?
Go to Deposit, tap Crypto and select Elysium. The address is your EVM address, the same one Base, BNB Chain, Monad, Ethereum, Robinhood Chain and Arc use, and the screen shows a minimum if Elysium has one. Send USDC on the Elysium network from your wallet. It lands in your wallet first and moves into your cash balance while you are signed in to the app.
| What you send or pick | What happens in Fomo |
|---|---|
| USDC on Elysium | Moves into your cash balance while you are signed in, once it clears any minimum the screen shows |
| HYPE or another token on Elysium | Arrives in your wallet as that token, not as cash |
| USDC on Base, BNB Chain, Monad, Ethereum or Arc | Reaches the same address, since the EVM chains share it, and is credited once it clears that network's minimum |
| Withdraw USDC on Elysium | Works only if the receiving wallet or exchange accepts USDC on Elysium; check that first |
| A question for support | Include the transaction hash from the wallet or exchange you sent from |
2x trader rewards on Elysium tokens
Trader rewards are Fomo's share of the trading fee that goes to you when someone trades a token after opening your post, your profile or your position. Fomo's help center calls them creator rewards. Your own trades never pay you one. On Elysium tokens the share is doubled, and Fomo's card says the boost is powered by Elysium.
The Rewards screen sits in the Portfolio tab, top right. In Fomo's Elysium video it shows an Unclaimed rewards card with a Claim all button and, under it, an Elysium rewards line marked 2x. Neither of Fomo's posts says how long the 2x lasts. The callout earn guide covers how a post turns into rewards.
What an Elysium trade costs on Fomo
Fomo charges 0.5% of the trade at any size, or 0.45% with referral code GEMQUEENX, and you pay the Elysium network fee on top without holding HYPE, because the app takes it from the total you enter. There is no minimum fee, so a $20 buy pays Fomo $0.10 plus the network fee. Kinetiq tuned Elysium's fee market so that very frequent transactions stay cheap, and the exact figure for your trade is in the Network fee row.
| Chain | Fomo fee | Network fee |
|---|---|---|
| Elysium | 0.5%, 0.45% with the code | Paid by you, from the trade total |
| Base | 0.5%, 0.45% with the code | Paid by you, from the trade total |
| Ethereum | 0.5%, 0.45% with the code | Paid by you; the highest in the app |
| Solana | Bands from $0.10 to 0.5%, with a 0.95 USDC minimum on some routes | Paid by Fomo |
The full schedule is on the fees page.
Elysium, HYPE and Hyperliquid perps on Fomo
Fomo already sends its perpetual futures to Hyperliquid, with crypto markets on its core venue and US stocks, indices and commodities on trade.xyz, all from a perps balance next to your spot cash. Elysium is the spot side of the same ecosystem: tokens and apps on Hyperliquid's layer 2 that you buy and hold outright, with no leverage and no funding.
HYPE ties the two together. It is Hyperliquid's native token and the gas token on Elysium. Perps on Fomo are not available to US persons; that restriction belongs to perps. The Fomo perps page covers markets, leverage and fees.
Elysium's exclusive trading partner
Elysium calls Fomo its exclusive trading partner, in its own words: "Elysium has @fomo. The exclusive trading partner for Elysium." The label is Elysium's; other apps build on the chain too. For you it means Elysium tokens sit in the same feed, wallet and sign-in as every other chain on Fomo, and a trade on Elysium shows up in the feed with the trader, the entry and the size like any other.
Fomo has no copy trading feature. The copy trading guide shows how to follow traders, get an alert when they buy and take the same trade yourself.
Where Elysium trades go wrong
Most of the risk on a young network is in the pools and the copycats, however fast the chain is.
Thin pools
A young chain has little liquidity behind most of its tokens. A buy moves the price further than the chart suggests, and a sell moves it further still. Read the pool size and the price impact line before the market cap.
Fake Elysium tokens
Elysium runs on HYPE and has no token of its own to buy. A page selling one, or asking you to connect a wallet to claim an Elysium airdrop, is a scam until Elysium's own channels say otherwise.
Sell taxes in the contract
Elysium is an EVM chain, so a token can charge on the sell or block it outright. Fomo shows that charge as a Token tax row before you trade, so check it every time.
Early infrastructure
Elysium launched with one sequencer and one data availability server, and its first upgrade lands about four weeks after mainnet. Expect the chain to change while you hold tokens on it.
Never share your Fomo private key or login code; Fomo support will never ask for them. The Fomo wallet guide explains how your key works, and is Fomo legit covers what we checked about the company.
Elysium on iPhone, Android and Fomo Web
Chain support belongs to the account, so Elysium is there wherever you sign in. The iPhone and Android apps carry the feed, push alerts and Apple Pay or Google Pay deposits. Fomo Web at fomo.family uses the same account and the same balance on a bigger screen. If Elysium does not show in your network list, it is not open to your account yet; the list in the app is the final word.
Fomo Elysium questions
Does the Fomo app support Elysium?
Yes. Elysium is one of the eight chains Fomo supports, next to Solana, Base, BNB Chain, Monad, Ethereum, Robinhood Chain and Arc, and it has been in the app since its mainnet day, November 9, 2026. You trade Elysium tokens from the same cash balance as everything else, on iPhone, Android and Fomo Web.
Do I need HYPE to trade on Elysium with Fomo?
No. HYPE is the gas token on Elysium and you do pay the network fee, but Fomo takes it out of the total you enter and shows it in the Network fee row before you confirm. You never bridge HYPE over or keep a gas balance topped up.
What does an Elysium trade cost on Fomo?
The Fomo fee is 0.5% of the trade at any size, or 0.45% with referral code GEMQUEENX, plus the Elysium network fee. There is no minimum fee: the flat bands and the 0.95 USDC minimum belong to Solana only.
What are 2x trader rewards on Elysium tokens?
Trader rewards are Fomo's share of the trading fee that goes to you when someone trades a token after opening your post, your profile or your position. On Elysium tokens Fomo pays that share twice over, and its announcement says the boost is powered by Elysium. Your own trades never pay you a reward, and neither of Fomo's posts gives an end date for the 2x.
How do I deposit USDC to Fomo on Elysium?
Go to Deposit, tap Crypto and select Elysium, copy the address and send USDC on the Elysium network to it. It is your EVM address, the same one Base, BNB Chain, Monad, Ethereum, Robinhood Chain and Arc use. The screen shows a minimum if the network has one. The USDC lands in your wallet first and moves into your cash balance while you are signed in to the app.
Can I withdraw from Fomo to Elysium?
Yes, as USDC on Elysium. Fomo's help center asks you to check first that the receiving wallet or exchange accepts USDC on Elysium, because many exchanges do not list new networks right away. If it does not, pick a network it does accept, such as Base or Solana.
Is there a block explorer for Elysium?
Kinetiq runs one on the Elysium site at elysium.kinetiq.xyz/explorer. Fomo's help center does not point to an explorer for Elysium yet, so if you contact support about an Elysium transfer, include the transaction hash from the wallet or exchange you sent from.
What is Elysium?
Elysium is a general-purpose layer 2 for Hyperliquid, built by Kinetiq on Arbitrum Orbit and operated with Conduit. It settles to HyperEVM, uses HYPE as its gas token, produces a block every 100 milliseconds and targets 300 million gas a second, about a hundred times what HyperEVM allows.
Is there an Elysium token or airdrop?
Elysium runs on HYPE, and its docs say there is no new token to hold just to transact. Treat any site selling an Elysium token or asking you to connect a wallet to claim one as a scam until Elysium's own channels say otherwise.
Is Elysium the same as Fomo perps on Hyperliquid?
No. Fomo perps are leveraged positions on Hyperliquid's order books and are not available to US persons. Elysium is spot trading: you buy and hold the token itself, on a separate network that settles to Hyperliquid's EVM. Both share HYPE as the base asset of the ecosystem.
Elysium tokens with no HYPE to hold, 10% off the fee
Add referral code GEMQUEENX before your first trade and every Elysium trade costs 0.45% instead of 0.5%, plus the network fee, for as long as the account exists.
GEMQUEENX
10% off fees
