Kinetiq announces new Hyperliquid L2 network Elysium using HYPE as gas token

Kinetiq announced it will launch a new Hyperliquid L2 network called Elysium, using HYPE as the native gas token and aimed at improving HyperEVM performance and throughput while strengthening HyperCore connectivity. The network will support spot trading, PropAMM, token issuance, and HIP-3 perpetual contracts, with 50% of Elysium Sequencer revenue allocated to a stated purpose.

Detected & updated continuously · Source: Nebula

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