Elys Network is an emerging layer-1 blockchain ecosystem built using Cosmos SDK to provide a one-stop solution for decentralized exchange and finance applications. The platform will be accessible through a direct web browser or mobile application along with multiple login options like MetaMask, email, and social media. Elys aims to build an innovative system with the ability to offer a better UI experience with stable liquidity. Moving forward, they aim to improve the current ecosystem of token exchange with key factors such as quick swaps, high volume, and liquidity, similar to top crypto exchanges.
Elys has built a perpetual decentralized exchange on top of the Cosmos chain. When we talk about DEX, AMM (automated market maker) always comes into the picture, as they aim to fulfill orders seamlessly. They have included two main features: liquidity provider and liquidity pool. However, Bitcoin leverage trading and the ability to earn yield on native Bitcoin with a flexible staking option could attract more investors to the platform. As mentioned above, the focus of the project is on being user-friendly, even for non-crypto users. So, anyone who wants to stake their tokens can do so with just one click and earn up to 10–20% passive income.
November 2024 will mark the last phase of the test network before the main network launch. In the test network, users are able to swap Elys tokens with multiple fiat currencies and leverage liquidity pools such as ATOM/USDC and more. For staking, the platform provides simple staking and liquidity staking along with long and short options for leverage trading. The project has already raised $2.5 million USD in a seed funding round and is expected to announce more collaborations and partnerships. As of writing, they are currently working with Agoric, Humannode, Landslide, Lorenzo, cheqd, Persistence, Cudos, and Leap Wallet.
Elys Token Price Prediction
Elys will be the platform’s main token, set to go live after the mainnet launch, which will also include the PSS chain, an airdrop, and a programmatic reward program. As of writing, Elys has already reached 76%, with 24% remaining to reach the main network launch following three phases and multiple events for testnet users. Around 7,000 users have claimed phase 1 tier 1 and 2 NFTs, and phase 2 tier 1 and 2 NFT trading has already begun distribution based on transaction volume and other in-app activity. NFT trading and buying/selling have already started on the Stargaze platform, and as we know, NFTs will play a major role in Elys token airdrop distribution. Different tier NFTs and cadet Discord roles will be rewarded with Elys tokens; however, the exact criteria are yet to be announced.
The Elys token will be used in staking and governance decisions, playing a major role in shaping the future of the project. Tokenomics have not yet been unveiled, but as previously mentioned, Elys will have a low supply of around 200 million max supply, and a burning mechanism will also support the token’s value. Considering this, if the market cap reaches $50 million, the price could touch the $0.25 USD mark. As for predictions, we can expect the Elys token to be traded around $1 USD after launch. Depending on market sentiment, the price may vary, and exchange listings will also play a major role.
currently, Elys held public sale on Seapad and within few minute public went sold out. NFT price also soars with confirmed airdrop, as team announced new allocation criteria, in which some people has received more supply as compare to previous airdrop checker. however, initial supply for this project could be around 22 million and i.e. included 13% from total supply and some supply from token sale. so, with that we can expect $5 USD price after few hour of listing and with initial pump Elys token could be worth around $20 USD.
Elys Token Price Prediction 2025
| Market Cap | Expected Price |
| $50 million | $25 USD |
| $100 million | $4.88 USD |
| $200 million | $9.79 USD |
| $300 million | $ 14.68 USD |
Elys Airdrop Criteria
- NFT
- Phase 1 NFT (Tier 1 & Tier 2)
- Phase 2 NFT (Tier 1 & Tier 2)
- Gold Tier NFT (can be merged using P1T1 + P2T1)
- Cadets Role
- OG Role
Elys Network Overview
| Project Name | Elys Network |
| Token/Ticker Symbol | Elys |
| Network | Cosmos chain |
| Total Supply | 200 million |
| Official website & Social | Elys.network |
| Based on | Future Trading on DEX |
| Potential | High |
| Launched Date | December 2022 |
| TGE | NA |
| Airdrop | Q4 2024 |
Elys Network Review
Future Trading along with better user experience and high liquidity is a highly demanded feature in the Web3 or decentralized world. However, top tier exchanges like Binance are the only platforms that are trusted for this kind of leverage trading. I have participated in Elys testnet that involve swap, staking and leverage trading. For me the experience was really smooth and user friendly and they are still working on introducing more features for new traders. Considering Jupiter platform leverage trading, I think Elys has achieved a great milestone in terms of number of users and volume.