What is Elysium? Kinetiq's Hyperliquid L2
Elysium is a Layer 2 network for the Hyperliquid ecosystem built by Kinetiq, the liquid staking protocol. Mainnet is scheduled for November 9, 2026. It uses HYPE as gas, so there's no new token to buy.
What Elysium is
- A Layer 2 that settles to HyperEVM, built on Arbitrum Orbit and operated with Conduit.
- HYPE is the gas token, bridged 1:1 from HyperEVM. No wrapper or staking step.
- Built for heavier apps: trading apps, launchpads and AMMs that need more room than HyperEVM's deliberately small blocks.
- Speed targets: 100 ms blocks and about 300 ms to see a receipt. These are targets, not measured results.
Timeline
| Oct 2026 | Public testnet live; mainnet date announced |
| 9 Nov 2026 | Mainnet launch with token bridging |
| ~4 weeks later | Upgrade that lets Elysium apps read HyperCore market data and route orders to it |
| Later | Permissionless fraud proofs (Arbitrum BoLD), audits and other hardening |
Apps at launch
According to Bankless and Coinranking, launch partners include the DEX Nest (live from the first block), Speculate (prediction markets), Dawn, the launchpads Montra and Citadel, pump.fun and fomo for trading, Derive V3 for options, KyberSwap and 0x-connected apps. Uniswap is testing V2 routers. Commitments can change, so check each app's own channels on launch day.
Is there an Elysium token or airdrop?
As of Bankless's October report, there is no Elysium token and no official points program. Half of the sequencer fees go to buybacks of Kinetiq's token, KNTQ. Treat any site offering an "Elysium token", "airdrop claim" or "early registration bonus" with suspicion unless it's linked from the official channels below.
Official links
| Site and docs | elysium.kinetiq.xyz |
| Kinetiq | kinetiq.xyz |
| X | @Enter_Elysium |
How to avoid fake Elysium sites
A launch with no token is a magnet for phishing. Security trackers such as PhishDestroy have already flagged look-alike Kinetiq domains that swap or add letters, for example "kinctiq", "kinietiq", "kinetqi" or "reward-kinetiq".
- Only use links from elysium.kinetiq.xyz or the @Enter_Elysium account.
- Be wary of many accounts posting the same "registration is open" text with different referral codes.
- Never sign a transaction that asks for unlimited token approvals on a site you reached from a DM or ad.
- Start with a small amount when bridging to a brand-new chain.
Risks to understand
- Early-stage security: one sequencer, a data availability committee and a whitelisted validator set at launch. Permissionless proving comes later.
- Withdrawal delay: withdrawals back to HyperEVM are optimistic and have a challenge period.
- New-chain risk: new bridges and apps carry smart contract risk.
Do I need Elysium to use Hyperliquid?
No. Trading perps and spot on Hyperliquid works exactly as before. Elysium is an extra network for apps. If you're new, start with the Hyperliquid beginner tutorial.
FAQ
What is Elysium?
Elysium is a Layer 2 network for the Hyperliquid ecosystem, built by Kinetiq. It settles to HyperEVM and uses HYPE as gas.
When does Elysium launch?
Mainnet is scheduled for November 9, 2026. Kinetiq says details may change before launch.
Is there an Elysium token or airdrop?
As of October 2026 there is no Elysium token and no official points program. Treat airdrop or registration offers outside official channels as suspicious.
What is the official Elysium website?
elysium.kinetiq.xyz. The official X account is @Enter_Elysium.
Do I need Elysium to trade on Hyperliquid?
No. Hyperliquid trading works as before; Elysium is an additional network for apps.