Elysium trading goes live on fomo with 2x rewards
fomo posted "Elysium is now live on fomo" at 13:33 UTC on 9 November 2026, half an hour after Kinetiq's Elysium network announced its mainnet. fomo's help centre now lists Elysium as its eighth chain, at the standard 0.50% fee plus network fees, and fomo is offering 2x trader rewards on Elysium tokens without saying what the base rate is.
What happened
Elysium posted “Elysium mainnet is now live” at 13:01 UTC on 9 November 2026. At 13:33 UTC fomo followed: “Elysium is now live on fomo. Earn 2x trader rewards on @Enter_Elysium tokens.” It had promised day-one support on 28 October, the same day Elysium called fomo “the exclusive trading partner for Elysium”.
Elysium is an EVM network built by Kinetiq, a liquid-staking project on Hyperliquid. Bankless reports that it settles to HyperEVM, Hyperliquid’s smart-contract chain, uses HYPE for network fees, and will link to Hyperliquid’s order books about four weeks after launch.
What fomo’s help centre says
The “Supported chains” article, updated on launch day, now lists eight chains. On Elysium:
- You use the same EVM wallet address as on Base, Ethereum and the others.
- Deposits and withdrawals are in USDC. Check that the receiving wallet or exchange accepts USDC on Elysium before you withdraw.
- Elysium has no public block explorer yet, so for a support question you need the transaction hash from the wallet you sent from.
The fees article now includes Elysium among the networks charged 0.50% per trade plus network fees, or 0.45% with a referral code. See today’s fees.
What we could not verify
What “2x trader rewards” pays: fomo does not publish the base rate of its trader (creator) rewards, so twice an unpublished rate is still unknown. What “exclusive trading partner” covers: neither side has said. DefiLlama does not yet track fomo fees on Elysium. We have not traded on Elysium ourselves.
A new chain brings new tokens with no history. Most small tokens lose most of their value; match the contract address, not the name. Background: Elysium on fomo.
How we verify: every entry is checked against a primary source (fomo's help centre, terms, blog, release notes or X posts, read through Internet Archive copies where fomo's site blocks automated readers; or a partner's own announcement), chain data, or at least two independent outlets, before it is published. JomoBench is independent and unofficial: we are not fomo or FOMO Labs Inc. No price calls and no coin picks. Most small tokens lose most of their value. All news · Fee and terms change log · Methodology
Sources
- fomo on X: Elysium is now live on fomo (9 November 2026, 13:33 UTC)
- Elysium on X: Elysium mainnet is now live (9 November 2026, 13:01 UTC)
- fomo on X: Trade Elysium tokens on fomo and earn 2x trader rewards, live tomorrow (8 November 2026)
- fomo on X: fomo will support Elysium from day one (28 October 2026)
- Elysium on X: the exclusive trading partner for Elysium (28 October 2026)
- fomo help centre: Supported chains, updated 9 November 2026 (read 2026-11-10)
- fomo help centre: Trading fees on fomo (read 2026-11-10)
- Bankless: Pump.fun and Fomo sign on for Elysium's day one (29 October 2026)