Ascend generated $188.3K in protocol fees during private testing alone. Creators earned $98,448 in fees and have already received $66,730 of that total with our dynamic fee structure protecting traders & empowering builders. We’ve set aside $62,191 to buy back $KNTQ once liquidity is fully seeded on Elysium, plus $15,548 for $HYPE buybacks. Tomorrow, we Ascend to Elysium.

Ascend Day 1 of testing: By the Numbers • $5,974,017 in trading volume • 47,254 total transactions • 873 tokens deployed • $34,808 in protocol fees generated While Ascend is already live and usable, this period is intended for stress testing, refining the platform, and integrating our partners ahead of our official mainnet launch. We're gradually rolling out features, with the full Ascend experience becoming available on November 9th. Early users and testers who help us improve the platform will be rewarded for their contributions. Token deployments on Ascend are now open again for continued testing.

Ascend and M1X Global completed the first institutional repo on @StellarOrg, using 72 automated hourly rolls with tokenised bond USDM1 as collateral at SOFR plus 10 basis points, near $XLM network activity. Full BSCN Daily episode:

Ascend has submitted staking contracts to independent security auditors. Before mainnet, the contracts responsible for Ascend’s staking system will go through third-party review. Security is a core part of how we’re preparing Ascend for mainnet. We’ll share the completed audit report once the review is finished. Ascend to Elysium.

Ascend will commit 100% of the sequencer fees we receive from Elysium to supporting builders. These funds will go towards direct builder grants, HyperCore listing support, audits and tooling, helping teams access the resources they need to build and launch. We want the activity on Elysium to support its continued growth. For Ascend, that means putting our share back into the teams creating products for the ecosystem. Our commitment extends beyond launch. We’re here to support the people building on Elysium for the long term. Ascend to Elysium.

Ascend private testing is live. We’re inviting a small group to test the platform, share feedback, and help us refine the experience before launch. Selected testers will receive access details by DM, with invites rolling out over the next 24–48 hours. Want access? Drop a comment below. We’ll be prioritizing early supporters and active members of the community. Ascend to Elysium.

The Ascend Token Catalyst Pipeline. ↗️ At Ascend we have built an entire pipeline of catalysts designed to help projects grow and reach their full potential by leveraging Hyperliquid’s infrastructure. Launch → Ascended Status → HyperCore Spot → HIP-3 Perps → Ascend Strategic Partner And because we have no separate Ascend token, our priority remains the projects launching with us. We want these tokens to grow freely without unnecessary ceilings holding them back. Ascend is becoming the growth engine of the entire Elysium ecosystem, and we’re actively looking for promising teams to support. To celebrate our upcoming launch, we’re giving away 5 whitelist spots to our community. To enter: * Follow @AscendLaunch * Like and repost this tweet * Quote tweet describing your favorite feature of Ascend. We’ll be selecting whitelist winners in 24 hours. Ascend to Elysium