Symbolon

A spot leg for every perp. syTokens backed 1:1 by the native asset, for the coins Hyperliquid lists only as perps.

Built on @Enter_Elysium.

[Symbolon @symbolontrade]

Our first long read covers the gap between perps and spot, why Symbolon lives on Elysium, and what we are building inside it.

Elysium sits right next to Hyperliquid and runs on HYPE. Put it together with Uniswap v4 hooks, and a whole new set of products becomes possible.

Our ambition is to put these pieces to proper use, and get the most out of it, carefully and in the open.

Step into the gap with $SYMB.

[Symbolon @symbolontrade]

https://t.co/NMjyu5gEP3

[Symbolon @symbolontrade]

@Decentralisedco Exciting times ahead for Elysium, and we're building right into that gap🎯

https://t.co/hiRzuyKd9p

[Symbolon @symbolontrade]

https://t.co/NMjyu5gEP3

[Symbolon @symbolontrade]

Build your own basket on Symbolon.

Mix coins, stocks and gold in one token, backed leg by leg. Anyone can mint it, and 33% of the fees it brings in go to you.

https://t.co/p3RLSjTY3S

[Symbolon @symbolontrade]

@0xOmnia @chiefdom28 @Enter_Elysium We are, feel free to reach out, would be more than delighted to walk you through!

[Symbolon @symbolontrade]

Stocks and gold are live on Symbolon.

syGOOGL, syTSLA, syMSTR, syAMD, syPLTR and syGOLD, each backed one for one by the native underlying in its segregated custody.

Settle with HYPE or USDC. Trade 24/7 on Elysium.

https://t.co/p3RLSjTY3S

[Symbolon @symbolontrade]

@quoted_xyz Stepping into the gap🕳️

[Symbolon @symbolontrade]

https://t.co/NMjyu5gEP3

[Symbolon @symbolontrade]

@Cryptokiwi15 syTokens are backed 1:1 with the underlying, with segragated custody by asset, all auditable transparently.

Feel free to dive into our docs section: https://t.co/jQLAn69STh

[Symbolon @symbolontrade]

Hyperliquid lists many coins as perps only. You can trade them. You can't hold them.

Symbolon brings the missing half, with real spot for coins that only ever had a perp. syToken, backed 1:1 by the underlying, held on its native chain.

Swap. Index. Passage. Basis harvesting.
Every backing address public.

Live on @Enter_Elysium

[Symbolon @symbolontrade]

Next in line. Stocks, beyond xStocks universe on HyperEVM.

Alphabet, Tesla and SanDisk are coming to Symbolon.

Each one backed 1:1 by the real stock token on Base, traded 24/7 on Elysium.

[Symbolon @symbolontrade]

Two legs, under the same roof for the first time.

Hold the syToken on Elysium, short the perp on Hyperliquid. Price moves cancel, funding stays with you.

Carry for perps that never had a spot leg.

https://t.co/p3RLSjTY3S

[Symbolon @symbolontrade]

$SYMB is live on @quoted_xyz.

A spot leg for every perp. Every syToken backed 1:1 by the real coin, every coin at its own address.

CA: 0x6668AA70A1F1a9E6e096Ae73eFe21Fe876855799

https://t.co/p3RLSjUvTq

[Symbolon @symbolontrade]

Pooled custody puts every coin behind one key.

Every syToken has its own vault contract and its own custody address on its asset's native chain.

Transparent backing, coin by coin.

[Symbolon @symbolontrade]

Hyperliquid lists a long tail of coins only as perps.

Symbolon gives them a spot leg.

Soon on Elysium.