Citing data shared by analyst Adam, ChainCatcher reported that decentralized exchanges on Elysium, a Layer 2 network in the Hyperliquid ecosystem, recorded $122 million in trading volume on the first full day after mainnet launch. Activity involved approximately 58,700 wallets.
Launchpad tokens accounted for 33.2% of that volume, or about $40.5 million. Montra held a reported 71.1% share of the Launchpad token market. These figures describe that initial trading period, not a longer-term trend.
Originally published by ChainCatcher on November 12, 2026, at 09:52:53 UTC+08:00.