Markets and house pools
The two markets open on day one, their pool keys and their references.
House pools
| Pool | currency0 | currency1 | Reference |
|---|---|---|---|
| HYPE/USDC | native HYPE | 0xb47c…0B65 | @107 mid × basis |
| HYPE/KNTQ | native HYPE | 0xe45a…acF0 | @107 ÷ @334 × basis |
Both use fee 0x800000 (dynamic), tick spacing 10 and the Liquidisium hook. Most v4 liquidity on Elysium is native HYPE, and native swaps skip a wrap. Anyone can open another pool on a covered market with openPool(key, sqrtPriceX96, channelId).
kHYPE
kHYPE/HYPE opens as a third house pool once it is seeded with kHYPE. Its reference would be @336 ÷ @107, bounded by Kinetiq's exchange rate, with a basis of 1.
Seeding
An arb the size of the launch example (about 100 HYPE) fits inside a ±15% range with 25 HYPE + 1,850 USDC and 10 HYPE + 2,300 KNTQ.