State of BlocksElysium Terminal
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Queued to burn, live

–KNTQ

–

Burned

–KNTQ

–

Recent blocks. Bar height is the base fee paid.
Sequencer fees, last hour
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KNTQ price, live
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HYPE price, live
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Live

Every buy and burn as it lands, newest first.

Last burn on Elysium: –Last KNTQ into the Assistance Fund: –

    Pace

    At pace, Elysium sets aside about

    –KNTQ a year to burn

    Per day
    –
    Share of supply, per year
    –
    Dollars set aside, per day
    –

    Where the burn comes from

    Share of each fee pool set aside to buy and burn KNTQ.

    Pledged, not counted

    No fee wallet or burn address published, so none of it is in the numbers above.

    Burns on Elysium by other wallets

    Reading Elysium.

    Checked and left out
    • Markets.xyz: 100% of Kinetiq's disposable Markets income buys KNTQ, but the KNTQ goes to sKNTQ stakers, not to a burn, and Markets runs on Hyperliquid, not Elysium (Kinetiq docs).
    • Nest: 70% of its fee share from fee-only pools on Elysium buys KNTQ for NEST lockers in its HYPE Engine. Bought, not burned (Nest).
    • Ascend's other 43.2%: buys KNTQ for strategic use, not burned. Only its 28.8% burn leg is counted above.
    • Uniswap, KyberSwap, 0x, Derive, Speculate, Montra, Citadel, fomo, Pump.fun, Hypesium, Aerodrome: launched on or announced for Elysium, no KNTQ buy or burn commitment found.
    • KNTQ sent to the zero address on Elysium: bridge withdrawals to HyperEVM, where the KNTQ still exists. Not a burn.

    Projects buying KNTQ

    The sequencer and Ascend are read from the chain. The rest have published no wallet yet.

    ProjectKNTQ boughtSpentKNTQ burnedLast buyStatus

    Set aside, bought, burned

    A commitment removes KNTQ only once the KNTQ is bought and burned.

    Set aside to burn, day by day

    Dollars committed each UTC day. Mainnet opened November 9 at 13:00 UTC, so that day is partial.

    Sequencer fees, 50%Ascend, 28.8% of protocol share

    What if Elysium gets busier?

    What a busier chain would burn, at today's KNTQ price.

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    $500$10k$100k$1M
    Burned per year from sequencer fees
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    Share of total supply per year
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    Against the team and investor unlocks of about 12.9M KNTQ a month from November 27 (source)
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    Daily fees needed to match those unlocks
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    KNTQ in the Assistance Fund

    Hyperliquid treats KNTQ in its Assistance Fund as burned. Kinetiq also sends it KNTQ from outside Elysium, so the balance is not all Elysium's.

    –

    Reading the Assistance Fund balance.

    How this is measured

    Every number here comes from a public source you can check.

    The live numbers

    Queued to burn is the sequencer's unspent half plus the KNTQ Ascend's burn treasury holds. The sequencer part is HYPE, so its KNTQ figure is an estimate at the locked prices shown under the number until the buy happens. Ascend's set-aside dollars are not added on top: what it has spent on buybacks is already in the KNTQ its treasury holds.

    This page reads the fee account's balance from Elysium's public RPC every 12 seconds, one call at a time, at the newest block it knows of. Between readings the counter moves at the fee rate measured over the last hour, but never more than 2 seconds of fees past what the chain has already shown: every 3 seconds one fee-history call gives the base fee of each newer block, which the next balance reading must at least include. If the chain goes quiet, the counter stops. Each balance reading sets it to the real value. The prices used for the queued number are the closing KNTQ and HYPE prices of the last completed 30-minute candle on Hyperliquid, so every visitor converts at the same prices and sees the same number, and the prices change only just after :00 and :30 UTC. A price move in between does not change it. Prices, Ascend's treasury and the Assistance Fund are read once a minute.

    The block tape draws one bar for each recent block, its height the base fee that block paid (gas times base fee per gas), scaled by square root so small blocks stay visible. Priority tips also go to the fee account but are not given per block, so the tape leaves them out; the fee totals elsewhere on the page include them. Elysium's fee history gives each block's gas as a running total within its second; the page takes the difference. In a second busy enough to fill the history's gauge, the split between blocks is not given, so those bars are grey and left out of the sum.

    The burned total counts every KNTQ burned on Elysium, by anyone, and KNTQ that reaches the Assistance Fund when it traces back to the sequencer or an Elysium app. The queued number goes down only when the sequencer or Ascend's burn treasury moves its own KNTQ or HYPE; someone else burning their own KNTQ adds to the burned total without touching the queue. The full rules are under "What counts as burned".

    The live feed lists Elysium's own events first and sums KNTQ that reaches the Assistance Fund from other senders into one line until the feed is expanded. In "Where the burn comes from", each bar is the fee pool a commitment applies to and the filled part is the share set aside. The calculator assumes half of sequencer fees buy KNTQ.

    What counts as burned

    Not loaded.

    The metrics panel

    Staked is read from the sKNTQ vault on HyperEVM (0x6962…4d0f, its total assets). Liquid is circulating supply less staked, and burned is the Assistance Fund's KNTQ plus everything sent to burn addresses on Elysium. Circulating supply is the one figure not read from a chain: it is Kinetiq's, read every 30 minutes from the route its page kinetiq.xyz/kntq loads it from (/api/kntq-data/supply-breakdown), which is not a documented API, so market cap and liquid depend on it. FDV uses the maximum supply Hyperliquid reports. Price and 24-hour volume are Hyperliquid's KNTQ/USDC pair. KNTQ sent to the Assistance Fund in the last 24 hours and 7 days counts every sender, as Kinetiq says all its buybacks go there.

    Sequencer fees

    Kinetiq has said 50% of Elysium sequencer revenue buys KNTQ on the open market and goes to the Assistance Fund, with 25% to builders and 25% to Kinetiq's treasury.

    Fees are read from Elysium itself.

    Ascend

    Ascend's on-chain fee splitter 0xFDA2703Df09b23caFfC30dEe6C73b4A12FC82faf sends 28.8% of the protocol's share of trading fees to a KNTQ burn treasury. The daily dollar figure comes from DefiLlama, which decodes each settlement on the splitter. A further 43.2% goes to strategic KNTQ that is not burned, and is not counted here.

    The treasury itself is read from Elysium.

    Pledges from apps

    The apps under "Pledged, not counted" were found by reading Kinetiq's announcements, the news coverage of Elysium's launch and a roundup of apps that announced KNTQ buybacks, then checking each app's own wording where it could be found. A pledge moves into the counted numbers only when the app publishes a fee wallet or burn address that can be read on Elysium. Burns that land on the chain without a known owner are shown separately and not credited to anyone.

    What the yearly figure is, and is not
    • It takes the average daily amount set aside over the window you pick and multiplies by 365. It is a pace, not a forecast. Fees were highest on launch day and have fallen since, so the page leads with yesterday's pace and shows the others beside it.
    • Dollars become KNTQ at the current KNTQ price. A higher price means fewer tokens per dollar.
    • Set aside means committed. It becomes a burn only when KNTQ is bought and sent to a burn address.
    • Kinetiq's other KNTQ buybacks are separate and are not in the pace figure.