Update
Elysium's First-Day Metrics Raise Questions
Elysium, a new blockchain network, saw $8.14 million in TVL and $25.16 million in 24-hour DEX volume on its first day. Montra captured 53.1% of the launchpad volume, followed by Ascend at 31.4% and Volta at 10.5%. Despite ARC's declining daily transactions, Elysium's metrics have raised questions about whether the new chain can meet the high expectations.