Key takeaways
- Elysium targets November 9 public mainnet launch
- HYPE powers transactions without requiring another gas token
- Direct HyperCore integrations will arrive after initial deployment
Hyperliquid's ecosystem is preparing for a major infrastructure expansion on November 9 as Elysium, its first dedicated Layer 2 network, moves toward public mainnet launch with HYPE serving as its native gas token.
Developed by liquid-staking protocol Kinetiq, Elysium is designed to provide faster execution for decentralized trading applications while maintaining connections to Hyperliquid's existing financial infrastructure.
According to Kinetiq's official announcements, the network will operate as an Arbitrum Orbit rollup settling transactions on HyperEVM, Hyperliquid's smart contract environment.
The launch follows several weeks of public testnet development, although confirmation of completed public mainnet activation remains pending.
Hyperliquid Expands With 100-Millisecond Layer 2
Elysium targets block production every 100 milliseconds, substantially faster than the standard block intervals available through HyperEVM.
The network is designed to support up to 300 million gas units per second, according to its published technical specifications.
However, these are architectural performance targets rather than independently verified measurements of sustained mainnet transaction throughput.
Hyperliquid currently combines HyperCore, which supports spot and perpetual futures trading, with HyperEVM, an Ethereum-compatible execution environment.
Elysium adds another execution layer intended for applications requiring more frequent transaction processing.
The expansion comes as institutional interest in Hyperliquid continues growing, including plans to introduce regulated futures infrastructure in the United States.
HYPE Becomes Native Gas Token on Elysium
Unlike some Layer 2 networks that introduce separate tokens, Elysium uses HYPE to pay transaction fees.
Users can bridge HYPE from HyperEVM into Elysium at a one-to-one ratio, allowing the same underlying cryptocurrency to support activity across both environments.
The arrangement expands HYPE's potential utility beyond its existing roles in staking, governance and the trading ecosystem.
However, increased gas usage does not automatically translate into higher HYPE prices, and the economic effect will depend on actual adoption.
Elysium also introduces a revenue-sharing model intended to attract developers.
Under the announced structure, 25% of sequencer revenue goes to builders generating network activity, while another 25% supports operations.
The remaining 50% is allocated to purchasing Kinetiq's KNTQ token, with purchased tokens directed to Hyperliquid's Assistance Fund.
That structure creates a distinct economic model alongside Hyperliquid's existing token-buyback mechanisms.
Direct HyperCore Trading Integration Comes Later
The November 9 deployment represents the first stage of Elysium's development rather than the completion of its full trading architecture.
Kinetiq plans a subsequent upgrade approximately four weeks later that would allow smart contracts to read HyperCore market data and submit orders directly.
Those features could support automated market makers, trading strategies and applications requiring access to order-book information.
The team has also announced dedicated infrastructure in Tokyo intended to improve access to HyperCore data.
These developments come after Hyperliquid's trading expansion attracted the attention of Intercontinental Exchange, the owner of the New York Stock Exchange.
Separately, Hyperliquid's liquid-staking ecosystem has continued developing applications around staked HYPE assets.
