All three versions of Uniswap launch on Elysium, with Gas fees payable only in HYPE.
According to Crypto Briefing, v2, v3, and v4 have all launched on the chain, where HYPE is the only Gas token. This means that when using Uniswap on this chain, interaction costs are denominated and paid in HYPE.
· Elysium users need to hold HYPE to trade, approve transactions, or withdraw liquidity. Without it, they can’t do anything.
· A single Gas token directly ties on-chain activity to demand for HYPE. This is a concentration at the mechanism level, not a price prediction.
Would you be more concerned about HYPE Gas costs or liquidity depth on Elysium?
$HYPE $UNI
According to Crypto Briefing, v2, v3, and v4 have all launched on the chain, where HYPE is the only Gas token. This means that when using Uniswap on this chain, interaction costs are denominated and paid in HYPE.
· Elysium users need to hold HYPE to trade, approve transactions, or withdraw liquidity. Without it, they can’t do anything.
· A single Gas token directly ties on-chain activity to demand for HYPE. This is a concentration at the mechanism level, not a price prediction.
Would you be more concerned about HYPE Gas costs or liquidity depth on Elysium?
$HYPE $UNI
