Kinetiq Hyperliquid L2 Elysium Testnet Launched

Kinetiq has announced that the testnet for Hyperliquid L2 Elysium is now live. Elysium settles to HyperEVM and is deployed at the same location as HyperCore, using HYPE as its native gas token. The testnet utilizes Conduit's G2 sequencer and operates on infrastructure compliant with SOC II Type 2 standards. Elysium aims to break through performance and throughput bottlenecks, enabling Hyperliquid to achieve comprehensive expansion in the general DeFi and on-chain spot trading sectors while maintaining high composability with the Hyperliquid ecosystem.

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