Elysium
Roadmap. What ships, in what order.
Each phase has a condition that has to be true before it starts. Dates come from Elysium's announcements and move if theirs do. Nothing involving real money ships without an explicit go-ahead.
Live today#
| Area | What it does | Status |
|---|---|---|
| Gap discovery | HyperCore spot and perps, HyperEVM pools, Uniswap v3, Kraken, Coinbase, Binance.US, OKX, Bitstamp | Live |
| Cost ledger | Fees at your tier, slippage from the book, gas, quote conversion, latency risk | Live |
| Paper trading and replay | Fills walked against live books, expected against realised, 24-hour replay | Live |
| Long/short and funding | Perp funding across venues, long one venue and short another, priced at size | Live |
| Accounts | Wallets kept encrypted in the browser, watch-only addresses, deposits onto HyperCore | Live |
Phases#
| Phase | Starts when | What ships | Real money | Status |
|---|---|---|---|---|
| E0 · Ready on testnet | Now | Elysium testnet in the app: chain config, Elysium wallet, network menu and Portfolio slot. Route interface in the core engine. A route label on every ticket and fill. | No | In progress |
| E1 · Mainnet day | Elysium mainnet (announced 2026-11-09) | Elysium venues (Nest) in discovery and long/short. Elysium balances in Portfolio. Deposits into Elysium once the bridge is documented. | No | Next |
| E2 · Hyperliquid direct | Approval of live trading | Trade-only agent key, size caps, daily caps, kill switch. Every fill logged expected against realised. | Yes, small caps | Planned |
| E3 · Elysium routing | Read precompile and order lane live and documented (reported about 4 weeks after mainnet) | Materral Router on Elysium, audited. Elysium becomes the default route, with Hyperliquid direct as fallback. Checks enforced on-chain. | Yes, after audit | Planned |
| E4 · Elysium native | After E3 | Atomic pool-to-pool trades on Elysium. Automated strategies with session keys. Builder-fee revenue on routed fills. | Yes | Planned |
Gates between phases#
Verified, not announced#
A phase that depends on an Elysium feature starts only when that feature has a published address and interface and we have tested it on testnet.
Measured on paper first#
Each route runs on paper against live books before it touches real funds, and the expected-against-realised gap has to be understood.
Audit before real orders#
The Router is audited before it handles real orders. Its source and audit are published.
Small caps, then wider#
Live trading starts with low per-trade and daily caps. Caps rise only on a record of fills that match their expectations.
What is not on the roadmap yet#
- Materral's own AMM. Considered for later; not part of these phases.
- Moving funds between exchanges and chains for the trader. Cross-venue trades assume funds are already in place.
- Custody of any kind. Materral never holds trader funds.
materral docs. Read-only, no keys, no real orders. Not investment advice.