What is Elysium? Kinetiq's Hyperliquid L2 explained
Elysium is a Layer-2 blockchain built by Kinetiq, the team behind the kHYPE liquid-staking token on Hyperliquid. It runs as its own chain that settles to HyperEVM, Hyperliquid's EVM-compatible layer, so anything that works on Ethereum-style chains (MetaMask, Solidity contracts, Uniswap-style pools) works on Elysium too.
Why does Elysium exist?
Hyperliquid is best known for its on-chain perpetuals exchange. HyperEVM opened the door to general smart contracts, but blockspace there is shared with everything else. Elysium gives builders a dedicated, cheap, fast environment that still inherits Hyperliquid's economy: gas is paid in HYPE, and value flows back to the HyperEVM base layer.
In practice this has made Elysium a magnet for memecoin launchpads. Within weeks of the testnet opening, more than a dozen launchpads announced or shipped on the chain, and thousands of coins were created. ElyScreener exists because nobody could see all of them in one place.
Key facts
| Item | Elysium |
|---|---|
| Built by | Kinetiq |
| Settles to | HyperEVM (Hyperliquid) |
| Gas token | HYPE |
| Testnet chain ID | 99801 |
| Mainnet chain ID | 99901 |
| Public mainnet launch | November 9, 2026 |
| Wallets | Any EVM wallet (MetaMask, Rabby, Rainbow, OKX…) |
What runs on Elysium today?
- Launchpads — Boxa, ElysPump, Kleos, ArkhamPad, Ascend (Kinetiq's partner pad), sasa, Kalos, Chainzy and more. See Elysium launchpads compared.
- DEX liquidity — most launchpads graduate coins into Uniswap v3 / v4 style pools paired with wrapped HYPE or USDC.
- Tools — screeners like this one, safety scanners, analytics, bots.
- NFTs, games and DeFi — a growing list, most still on testnet until mainnet opens.
How do I use it?
- Add the Elysium network to your wallet.
- Get HYPE onto Elysium for gas and trading.
- Open ElyScreener, pick a launchpad, pick a coin, and buy or sell without leaving the page.
Elysium's unofficial mainnet (chain 99901) has been live since late October 2026 through community RPC nodes; the official public launch with Kinetiq's own infrastructure is scheduled for November 9. Numbers on ElyScreener come from the live chain either way.