Testnets · 2026-11-09
Elysium mainnet goes live today: HYPE for gas, 50% of sequencer revenue buys KNTQ, Wave 2 tracks real usage
Overview
Elysium, the first L2 on Hyperliquid, launched its public mainnet on November 9 as planned. The stack is Arbitrum Orbit with a Conduit G2 sequencer, settling on HyperEVM, with HYPE as the native gas token and no separate token, targeting 100 millisecond blocks and 300 million gas per second. Uniswap has confirmed V4 Hooks support on Elysium. Sequencer revenue splits 25% to builders, 25% to operations and 50% to buying KNTQ on the market for Hyperliquid's Assistance Fund. An upgrade roughly four weeks after launch will let contracts read HyperCore market data and submit orders directly.
Requirements
Bridge HYPE from HyperEVM to Elysium one to one to start interacting, testing the bridge and gas with a small amount first. Kinetiq's community distribution runs in two waves, Wave 1 for pre-mainnet participation and Wave 2 for post-mainnet usage, and Wave 2 depends on real on-chain activity rather than check-ins.
Reward
No airdrop percentage or points table has been published. Only two things are confirmed: Kinetiq's Wave 1 and Wave 2 community distributions, and 50% of sequencer revenue funding KNTQ buybacks. Elysium issues no new token of its own.
Deadline
Open-ended
Ongoing
Risk notes
The key point is that entry #67 on this site already states the chain has no token and no points program, so today's event is a mainnet launch rather than a token launch. Farming Elysium for an airdrop does not hold up, and the only realistic upside is Kinetiq's Wave 2 usage incentives plus tokens issued by individual apps such as Erupt and VOLTA. The 100 millisecond block time and 300 million gas per second are architectural targets, not measured results. Expect congestion on the bridge and gas on day one, and treat bridge contract risk as real.
How to take part
- Always enter through the official link listed under Source — never a shortened link from a stranger.
- Use a dedicated wallet. Start with a small transaction, confirm it behaves as expected, then scale.
- Check every requirement one by one, especially snapshot times and holding periods.
- Claim or confirm before the deadline — expired windows are rarely re-opened.