Kinetiq Launches Elysium Mainnet With 100-Millisecond Blocks

Kinetiq launched Elysium’s public mainnet Monday, opening a layer-2 network with 100-millisecond blocks that gives Hyperliquid applications a separate place to process transactions before settlement on HyperEVM. The network’s estimated user-visible transaction receipt time is about 300 milliseconds. Kinetiq targets 300 million gas units per second of execution. Users pay transaction fees in Hyperliquid (HYPE), which can move from HyperEVM to Elysium on a one-to-one basis without a wrapped token. Elysium runs on Arbitrum technology with infrastructure operated by Conduit. At launch, one sequencer orders transactions, and one Conduit server provides data availability, the system that keeps transaction records accessible. Withdrawals back to HyperEVM follow a separate process with a challenge period of about 5.5 days. Elysium contracts can read HyperCore order books, prices, balances and positions.

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