Elysium Launches Hyperliquid L2 Mainnet With HYPE Gas
Kinetiq’s Elysium mainnet settles to HyperEVM and uses HYPE for gas. It launches with a single sequencer and permissioned state validation.
Key Notes
- Kinetiq’s Elysium mainnet is live on Arbitrum Orbit, settling to HyperEVM with HYPE as its native gas asset.
- The launch uses one sequencer, approved state validators and a single data availability server, with broader verification planned later.
- Canonical withdrawals take about 5.5 days, while direct HyperCore data and trading integration is planned for a later upgrade.
Elysium, a Layer 2 network developed by Kinetiq for the Hyperliquid ecosystem, launched its mainnet on November 9. The EVM-compatible chain uses Arbitrum Orbit technology, settles to HyperEVM and charges transaction fees in HYPE.
The project confirmed the opening in its launch announcement. Its updated documentation identifies the production network as chain 99901, while the official block explorer displays blocks, transactions and bridge deposits. HyperEVM itself remains chain 999, so the two environments have separate network identifiers despite sharing the same gas asset.
HYPE Connects Elysium to HyperEVM
Elysium adds execution capacity above HyperEVM, Hyperliquid’s smart-contract environment. Although it uses Arbitrum’s software stack, its parent settlement chain is HyperEVM rather than Ethereum. Developers can use standard EVM tools to build trading venues, automated market makers and other financial applications.
According to the network overview, HYPE moves from HyperEVM into Elysium at a one-for-one ratio and becomes the native gas asset. Users do not need a separate Elysium token or a staking step simply to pay transaction fees.
The documentation specifies 100-millisecond blocks and a target execution capacity of 300 million gas per second. That capacity is a gas-processing target, rather than a count of transactions that every application can achieve.
Fast blocks also differ from settlement finality. Elysium’s block documentation says batches are posted to HyperEVM about every 15 minutes, so a finalized block can lag the latest block.
Launch Starts With Approved Validators
Elysium begins with one sequencer, the operator that orders transactions, and permissioned state validation. Its security documentation describes permissionless fraud proofs using Arbitrum BoLD as a later step. Those broader verification rights are not part of the initial configuration.
Data availability also starts with a single Conduit-operated server. Under the AnyTrust model, transaction data is stored offchain and a compact certificate is posted to HyperEVM. A committee with multiple members is planned, but has not replaced that initial operator arrangement.
The documented fallback posts full transaction data to HyperEVM if the server becomes unavailable. Users can also force transaction inclusion through HyperEVM’s delayed inbox. Standard optimistic withdrawals back to HyperEVM take a challenge period of about 5.5 days.
Direct HyperCore Access Comes Later
Some integrations remain on the roadmap. The dedicated market-data interface and HyperCore trading mechanism are scheduled for an ArbOS upgrade about four weeks after mainnet, according to their documentation.
Those additions would let Elysium contracts read HyperCore market information and submit orders through trading agents. They should not be confused with the token bridges available at launch or treated as already operational.
The rollout expands the infrastructure available to outside builders around Hyperliquid. CoinScreamer’s Jeff Yan interview coverage examined that wider platform strategy. Elysium’s immediate contribution is a new execution network, with more open validation and deeper trading integration still to follow.
Disclaimer: CoinScreamer is an independent media brand owned and operated by NuvexMedia LLC, publishing news, research, and market insights on digital assets and related technologies. NuvexMedia LLC invests in and collaborates with companies across the digital asset, blockchain, and technology sectors. These relationships do not influence CoinScreamer’s editorial coverage, and the publication maintains full editorial independence to provide accurate, timely, and objective information. © 2025 NuvexMedia LLC. All rights reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or other professional advice.
