The HypeEVM is essentially a barren wasteland. Block times, throughput, and tps inherently limit the ecosystem’s ability to flourish. Txns fees spike with activity, propAMMs can’t deploy profitably at current gas limits.

So while Hyperliquid won perps, it largely failed to compete for spot trading and DeFi activity.

Elysium is Kinetiq’s answer. It’s the first L2 for Hyperliquid, highly performant, and designed to be value-accretive for HYPE.

HyperCore connectivity sits at the core of everything. The value proposition is qui