EL1Read will put the HyperCore mid inside the swap. The hook stays the same: only the adapter's source changes.Read the log
Reference

The price every pool is measured against

HyperCore mid × the measured Elysium basis, posted by a keeper until EL1Read. Every post below is a transaction on Elysium.

Basis posted, HYPE/USDC
Keeper 0x8258…dEF7 · feed 0x54ff…CfAC

The chart starts with the first keeper post after the deploy.

SeqMarketMidBasisHyperCore time (UTC)Elysium blockTx
Reading Elysium…

Rules

What the keeper posts

One transaction for all markets: the HyperCore mid as a sqrtPriceX96, the basis in ppm, the HyperCore timestamp and a sequence number. It posts when a mid moves 0.10% or more, and every 60 seconds otherwise.

The basis

Median of Elysium price ÷ HyperCore mid over 15 minutes, measured on the deepest Elysium pools of the pair that are not Liquidisium pools. Clamped to ±5%, moving at most 0.25% per 10 minutes.

Stale

A reference older than 120 seconds: the pool charges a flat 0.30% both ways, all to LPs, and emits ReferenceFallback.

Too far

A reference more than 10% from the pool price is treated as faulty: same 0.30% fallback.

What it cannot do

Move a pool's price, touch funds, or set a fee outside 0.05% to 3%. A wrong reference can make an arb cheap or an honest swap pay more, never above the reference price.

EL1Read

When Kinetiq ships EL1Read, the adapter's source changes through the timelock and the hook reads the HyperCore mid inside the swap. The keeper leaves the price path. Date: not announced yet.