Elysium, Hyperliquid's first L2 built on HyperEVM by Kinetiq, opens mainnet on November 9 . It uses HYPE as gas, has no new token, 100ms blocks, ~100x HyperEVM throughput, and 50% of sequencer revenue buys and burns $KNTQ; in ~4 weeks contracts will read the Hypercore orderbook directly . Around launch: devs invite users to bridge , one user prunes Discord inactives and preps for mainnet , Elysium Ecosystem says that's why it was built , Pantheon expects asymmetric opportunities with Ascend at the forefront , and support guides users to add the network in-wallet .
No buys via this post yet- 1.

Nickk |₿|@timon_nick devs on elysium waiting for you to bridge to elysium mainnet 😂 https://t.co/JH6rAnqabO - 2.

Unique singh@uniquesingh__ Celebrated Diwali yesterday with family, now back to basics. My plans for today: > wake up > open X > check Discord community, remove inactives > prepare for Elysium mainnet > grind for 5 hours > look at the sky for 30 mins so my eyes can rest > grind for another 5 hours > hit the gym > plan B repeat. - 3.

Elysium Ecosystem@ElysiumEco @GuarEmperor That's exactly why we built Elysium Ecosystem 👀 - 4.

PANTHEON@Pantheonindex @0xWassie There will be a lot of asymmetric opportunities on elysium. Pantheon, alongside ascend will be at forefront. - 5.

CB Terminal@cb_terminal Hyperliquid初のL2「Elysium」、11月9日にメインネット公開へ PANewsによると、Hyperliquid初のL2(Hyperliquidの上に作られた別のチェーン)「Elysium」が11月9日夜にメインネットを公開する。KinetiqのElysiumメインネットも同日に… https://t.co/Y0vwZUX29n - 6.

anze@anzep13 elysium goes live today, short overview + some thoughts quick context: > L2 on hyperevm built by kinetiq, HYPE as gas, no new token > 100ms blocks, ~100x hyperevm throughput > contracts can read the hypercore orderbook and trade on it directly (in ~4 weeks) > 50% of sequencer revenue buys and burns $KNTQ all the launches this year had me reminiscing about the good ole fantom, bnb, avax and arbitrum (pre-airdrop) era. so many “thriving” ecosystems and new chain launches, tons of yield farms and opportunities (ponzis basically), everyone farming 4-5 fig APRs and prices going up. then boom, the ‘22 crash happened. those days were over. the veil has fallen and the market quickly realized how that game was played (pool2 yields, the 100th tomb, ohm, univ2 fork, etc.). that playbook didn't work anymore berachain is a good example. I honestly think they’d have done insanely well if they’d launched a cycle earlier, before memes took over the DeFi ponzi yield games. the average onchain user just lost the appetite for it then we got a new cohort of chains playing the high-performance card. looked good on paper, but does the average user really care about speed if there’s nothing new to do on the chain? turns out no. monad and megaeth had huge pre-launch hype and then things slowed down once they actually launched, since there wasn’t much new to do the issue is retention. bring the same apps already deployed everywhere, launch a few “first movers” shitters to get the degens in, rinse and repeat until people get bored, volume drops and everyone goes back to eth or sol so how do you actually keep users on a general-purpose chain? turns out it’s really hard, especially since everything revolves around liquidity and you can’t compete with the major chains there. you either need really good incentives (but how do you keep them sustainable?), a really unique use case (robinhood’s native stocks and memestocks come to mind) or a native app people actually use (like pump fun boosting solana’s volume and users like no other app could) for example, robinhood chain launched with insane backing (robinhood itself lol), native stock tech and a ton of liquidity. I think the timing was just bad given market conditions tho. liquidity and volumes are low rn and you need new capital to get the flywheel rolling, but I’m quite optimistic about it long-term the hypercore part is what’s actually new and interesting with elysium. if teams build stuff that only works because it sits next to the hyperliquid book, we might be in for a surprise. this could be what makes elysium unique, and what hyperevm was meant to be initially also, if there’s one community you shouldn’t fade, it’s hyperliquid. the wealth effect did its job, so they have the size, liquidity and builders to actually make this a success genuinely wishing them the best and curious how it plays out. anyway, my 2 cents on new chain launches - 7.

Atlas@AtlasHL @kingsleyxone65 @Enter_Elysium At the very bottom of the wallet connection window, click on “New to Elysium? Add the network” and follow the instructions.
