ELYSIA
An RWA tokenization protocol; the part in GASOK is elysia-perps, its perpetual futures venue
An RWA tokenization protocol running since 2019. One side issues real-world assets on-chain; the other pays yield through synthetic assets such as ELUSD. The site reports its own figures — over $500M in cumulative RWA value, 100+ issued RWAs, 50+ partners and integrations — and lists Singapore as its base.
What entered GASOK Phase 3 is not the whole protocol but elysia-perps: a venue for perpetual futures on crypto and RWA underlyings, where $EL is posted as collateral rather than sold. Its beta soft launch was announced on 2026-07-20. The app sits at elysia.land/dex and the docs at elysia.gitbook.io/elysia-perps.
In Korea it says it takes part in the Finiverse consortium on won-stablecoin infrastructure as a CTO-level contributor. The account also posts a steady stream of RWA news covering securities-token rule changes in Korea and the United States.
Description from: elysia.land ↗ · the project's own description
Note: As checked on 2026-09-05 the elysia.land landing page still marks Trade — the perps product — as Coming Soon, which does not match the beta soft launch announced on X. The cumulative RWA value and issuance counts shown on the site are the project's own figures and were not independently verified.
ELYSIA is a protocol that provides RWA infrastructure and tools to enable anyone to create RWAs.
The project's own Open Graph image and text.
About on X
@ELYSIA_HQ🌎 All RWAs Begin on ELYSIA. ELYSIA brings RWAs on-chain. Tokenize RWAs and earn yield. Stake ELUSD and earn up to 12~18% APY: https://t.co/mPnEu1QJQU
- Followers
- 80.2K
- Following
- 361
- Posts
- 2.54K
GASOK Phase 3
- Status
- Selected
- Evidence tier
- Self-announced
- Evidence
- View source ↗
Based on a public statement by the project itself or a credible third party. GIWA has never published an official roster. Phase 3 is also an ongoing stage, so this means admission to it rather than completion.
What is GASOK Phase 3?
GASOK is Dunamu and Upbit's builder program for GIWA, an incubation running five months or more. Phase 3 (Aug–Sep 2026) is the "market readiness & launch" stage, aiming at testnet user metrics and a private mainnet deployment. There are five tracks: DeFi/RWA, Consumer/Social, GIWA-Native, AI/Web3, and Mass Adoption.
What teams admitted to GASOK Phase 3 receive
- Engineering and productization support from the GIWA team, plus industry advisors
- Seoul office space if needed, and press and media support
- A slot at KBW 2026 Demo Day
- A $20K initial grant for the Demo Day winner, with more tied to later KPIs
As checked on 2026-09-05 the elysia.land landing page still marks Trade — the perps product — as Coming Soon, which does not match the beta soft launch announced on X. The cumulative RWA value and issuance counts shown on the site are the project's own figures and were not independently verified.
Latest updates
🇺🇸 RWA News | Coinbase Moves to Bring Stock Perpetuals to the U.S. Coinbase has filed registrations with the SEC as it prepares to launch single-stock perpetual futures for U.S. investors. If launched, U.S. users could gain perpetual exposure to individual stocks without owning https://t.co/cYbwAe0OyM
🚀 elysia-perps Selected for GASOK Phase 3 We’re excited to share that elysia-perps has been selected for GASOK Phase 3, the accelerator program by GIWA Chain — Powered by UPbit. @GIWA_by_Upbit We’ll continue building elysia-perps and expanding the platform with a wider range https://t.co/FpZ6XaJrYB
🇰🇷 RWA News | Korea Is Opening the Door to Tokenized Stocks, Bonds & Funds South Korea is taking a major step toward bringing traditional financial assets on-chain. Starting February 2027, Korea’s new security token framework will begin with: 🏦 Institutional private MMFs 📜 https://t.co/jk1Oo6uiNE
🇰🇷 RWA News | Hanwha Investment & Securities Expands Into Tokenized Finance Hanwha Investment & Securities is pursuing a two-track digital asset strategy: 🇰🇷 Korea → Security Token (ST) business 🌍 Overseas → Institutional-grade RWA platform The company plans to tokenize https://t.co/mJFJlg7waX
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RWA asset/fund issuance, ownership, and distribution OS
Evidence tier: User report only