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Everyone wants to build on Hyperliquid right now, but nobody talks about the elephant in the room. HyperEVM small blocks cap out at 3M gas/sec. Try refreshing market maker quotes 10 times a second or running high frequency DeFi on that without getting priced out. You simply can't. That exact bottleneck is why @Kinetiq_xyz built @Enter_Elysium, and 95% of CT still hasn't realized what actually unlocks in the next 4 weeks. Spent the last 2 hours going through the entire Elysium docs from top to bottom. Here is what is actually happening under the hood: 1. The 100x Execution Upgrade (Live Now) Instead of fighting for scarce blockspace on HyperEVM, Elysium runs an Arbitrum Orbit L2 that settles directly back to HyperEVM (Chain ID 99901). > 100ms canonical block times (~300ms perceived receipt) > 300 Mgas/s target throughput (100x HyperEVM per second capacity) > Native $HYPE as gas (bridged 1:1, no clunky wrapper token needed) > Bare metal infra colocated in Tokyo right next to Hyperliquid nodes HyperEVM stays the settlement layer. Elysium becomes the high speed execution layer sitting right on top of it. 2. The Real Alpha Drops in ~4 Weeks Right now mainnet is running on Stock ArbOS 61. In roughly 4 weeks, a network upgrade turns Elysium into something no other L2 has: > 70ms HyperCore Read Precompile: HyperEVM L1Read only updates every 1s and only gives you best bid/offer. Elysium reads full depth HyperCore orderbooks, mark/oracle prices, and slippage aggregates at ~70ms granularity right inside Solidity for normal call gas. > ElysiumCoreWriter (100ms Execution + Callbacks): Smart contracts on Elysium can bind a HyperCore account, authorize a trade only agent (zero withdrawal risk), and fire orders into HyperCore in ~100ms. Unlike HyperEVM where CoreWriter is fire and forget, Elysium gives contracts async onchain callbacks so your vault actually knows if the order filled. 3. Full Token Graduation Without Fracturing Liquidity Before this, launching a token on an L2 meant isolating liquidity away from HyperCore. Elysium built a 4 way bridging pipeline that connects the whole stack: Launch cheaply on an Elysium AMM -> deepen liquidity on Elysium prop AMMs (where MMs re-quote every 100ms) -> mirror 1:1 to HyperEVM via the permissionless CREATE2 Mirror Bridge -> link to a HyperCore Deposit Wallet and graduate straight to the HyperCore Spot orderbook and HIP-3 perps. One token. Zero fragmented supply. 4. Follow the Builder Incentives One detail buried in the docs that people are sleeping on: a dedicated portion of Elysium sequencer revenue is reserved directly for ecosystem incentive programs for apps building on the chain. The early ecosystem is already stacking up fast with @HarmonixFi delta neutral vaults, Quoted, Hyperflow, o1(.)exchange, Elly, Uniswap, 0x, and KyberSwap. Hyperliquid gave DeFi a CEX grade matching engine. Elysium just gave smart contracts the speed to actually trade on it.

昨日、Hyperliquid初のL2「Elysium」がメインネットをローンチ。 Kinetiq(@Kinetiq_xyz)が開発するL2で、HyperEVMを決済レイヤーとして利用し、100msの高速ブロック生成や高い処理性能が特徴の新興チェーン。 将来的にはHyperCoreとの直接連携も予定されており、Hyperliquid上のDeFiや取引インフラを拡張する役割が期待されている。 ただ、初動の資金流入はかなり控えめな状況で、現時点のBridged TVLは約$5.2Mで、ArcやRobinhood Chainの初期の盛り上がりと比べると、かなり小規模なスタート。 一方、トークン周りではMemeの $eacc やローンチパッドの $Volta などが目立っている状況。 さらに今朝、CashcatのDevが手掛ける $Montra もローンチして、賛否を呼びながらも一時Mcap約$20Mに到達して、それなりには盛り上がっている印象。 今のところはDeFiというよりミーム中心の盛り上がりだけど、HyperCoreとの連携が進んでからどうなるか。