The first HYPE treasury on Elysium.
Wall Street wrapped HYPE in ETFs. We're wrapping it in a meme. Hype ETF is aiming to be the first Hyperliquid treasury on Elysium: one token, one holding, and that holding is HYPE.
not deployed · published at launchHype ETF seeks to accumulate HYPE.
That's the whole objective.
No index to track, no basket to rebalance, no committee. Trading activity funds a public treasury, the treasury buys HYPE, and the number that matters is how much HYPE stands behind every token.
- HYPE100%
- Everything else0%
- Rebalancingnever
How the treasury fills.
A meme token with a single job. Every trade on Elysium sends a slice of fees to the treasury, and the treasury only buys one thing.
Trade on Elysium
People buy and sell Hype ETF on Elysium, the new Hyperliquid L2.
Fees accrue
A slice of trading fees goes to the treasury contract. Rate set at launch.
Buy HYPE
The treasury swaps those fees into HYPE, the same asset that pays gas on Elysium.
Hold, publicly
HYPE sits at a public treasury address. Anyone can check it, any time.
HYPE per token ↑
More volume, more HYPE behind every token. Then repeat.
Why Elysium.
A HYPE treasury should live where HYPE is the native money. On Elysium, HYPE is gas, and contracts can see Hyperliquid directly.
An Arbitrum Orbit layer-2 from the Kinetiq team, settling on HyperEVM.
Every transaction on Elysium is paid in HYPE, the asset this treasury holds.
Designed for 100ms blocks and 300M gas per second.
Contracts can read HyperCore balances, levels and positions without oracles.
Source: Kinetiq's Elysium announcement, as reported by blocmates. Follow @Enter_Elysium for official updates.
The underlying: HYPE.
Live from Hyperliquid's public API. This is the asset the treasury buys and holds.
Treasury holdingsNOT YET DEPLOYED
The treasury address is published with the contract. Until then every figure below reads zero. A fund that fakes its holdings isn't a fund.
Arithmetic only: volume × fee ÷ live HYPE price × days. Assumes 1B token supply and a flat HYPE price. Not a forecast.
Wall Street HYPE ETFs vs Hype ETF.
HYPE already has ETFs in the US1. They're regulated funds. This isn't one. Here's the honest difference.
| US HYPE ETFs | HYPE ETF (THIS) | |
|---|---|---|
| What it is | A regulated fund | A community meme token |
| Where it trades | Stock exchanges, via a broker | Elysium, from a wallet |
| Hours | Market hours | 24 / 7 |
| Holdings shown | Daily fund disclosures | On-chain, live |
| Investor protection | Securities regulation | None. It's a meme. |
Read before you ape.
Not an ETF. Despite the name, Hype ETF is not an exchange-traded fund, not a registered security, and not a fund of any kind. It is a community meme token.
Not affiliated. Hype ETF has no affiliation with Hyperliquid, Kinetiq, Elysium, 21Shares, Bitwise, Grayscale or any issuer of a HYPE ETF.
No rights. Holding the token gives no claim on the treasury, no redemption right, no dividend and no vote unless the deployed contract explicitly provides one.
Volume dependent. The treasury only grows when people trade. No volume means no fees and no new HYPE.
Price risk. HYPE's price moves. The treasury's dollar value moves with it, in both directions.
New network. Elysium is a new L2 launching with a single sequencer and whitelisted validators. New networks carry technical and operational risk.
Contract is final. Fee rates, treasury logic and addresses are whatever the deployed contract says. This page only describes the intent.
Not advice. Nothing here is investment advice. Meme tokens are extremely risky; only use money you can afford to lose.