The first Ascend $KNTQ buybacks have just began. We will accumulate $120,000 worth of $KNTQ over the next 24 hours via TWAP combined with our current holdings from protocol fees. Ascend to Elysium.

Ascend Community. We are deeply sorry for the delay in rolling out the full website. Our site was hit with a coordinated DDoS attack early this morning that lasted 8 straight hours and set us back quite a bit. We needed extra time to put additional protections in place to help prevent this from happening again. We’re working to make sure everything rolls out smoothly, including staking and the Ascend Points Program. We built this program to reward creators who are serious about building projects that last. If you’re putting in the work to grow your project and build a community around it, we want to reward that. We’re also taking extra care with the staking rollout. We take security very seriously, and that’s part of why we’ve needed a little more time. Really appreciate you guys being patient with us. We are close to Ascending.

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.

PSA to all of the Ascend and Elysium community. I keep seeing a lot of posts about the friction Ascend created when we launched so I wanna speak on that myself. If I’d spent weeks getting a community off the ground and woke up to a copy of our coin trading on Ascend, I’d be pretty annoyed too. So I do see where a lot of your guys frustration comes in. Stay with me here. Ascend is a fully permissionless launchpad. Anyone can go on the site and launch whatever they want without talking to me or anyone on the team. We never set out to vamp another project or pull people away from a community they’d already built. One of the coolest parts of this past week has been seeing people rally around Blob, e/acc, chameleon. Some not launched on Ascend, and I’m still hyped to see it. Elysium hasn’t even officially launched yet and people already have a community here they care enough about to defend. These are the vibes we need to bring back to crypto. A lot of you guys know me from when I was apart of Azuki community. Half the time you knew who was tweeting just from their PFP. I miss that. In crypto now it feels like people are already asking “what’s next?” before they’ve even gotten to know the people in the coin they just bought. A big reason we built Ascend was to keep supporting projects after launch and give those communities time to grow. I also want to clarify about why we were quiet when trading started. We were asked to hold off on saying Ascend was live during private testing. The plan was always to deploy on Elysium early so we could test the protocol and integrate partners ahead of November 9. People figured out how to bridge in and started trading. We can't control who bridges in, but I also get how it looked from your side. You could see trades going through and you hadn’t heard a word from us. The Ascend model is fully built on giving value back to you guys. We believe that to many top protocols in the space rip so much value from the ecosystem and give very minimal value back. Ascend wants to make the change that we all wanna see happen so bad in our industry. The team and I have put a lot of late nights into Ascend. I’m proud of what we’ve built and I can’t wait for you guys to get your hands on the full product when Elysium officially launches on November 9.

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

Elysium isn't even live yet and @AscendLaunch is already doing nearly 8 figs annualized kinetiq:native buybacks... Fwiw, this is over twice what I was forecasting in my kinetiq:native "bull thesis post"...before the chain is even live...after a self admitted somewhat messy launch Will be very interesting to watch how this number scales up when Elysium is fully online, and how sustainable the revenue proves to be in this new launchpad model.

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.

We’ve removed the password restriction on Ascend so more users can help stress test the platform and our partners can prepare their integrations ahead of November 9th. Our team is actively monitoring the platform, gathering feedback, and making improvements to ensure the best possible experience for our users. We appreciate everyone's patience and support. More updates to come. Test our site here:

November 9. A new era of building on Hyperliquid begins. Elysium is where the next generation of projects will emerge. Ascend is where they'll launch. Live from day one. Like, repost, and tag a builder or project you want to see launch on Ascend. We'll be selecting some of our favorite replies for whitelist spots. 👀 Ascend to Elysium.

3 days left to submit for the Ascend Builder Grants. Submissions close October 20th at 11:59 PM PST. If you're building on Elysium, make sure to submit your project through the Ascend Discord before the deadline. This is just the first step in how Ascend plans to support builders on Elysium. To the builders shaping Elysium's future, Ascend is here to back you every step of the way.

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 team is heading to TOKEN2049 Singapore. We’ll be at several Hyperliquid community events and are looking to connect with builders, investors, major $HYPE holders, and ecosystem contributors. Building on Hyperliquid or Elysium? Send us a DM to meet. We’ll make it worth your time! Ascend to Singapore