Kinetiq Readies 100ms Elysium Chain for Hyperliquid

Elysium mainnet targets 100ms blocks

Kinetiq named November 9 as the mainnet date in an October 19 announcement, after opening a test version to developers. The company said it would reserve 25% of sequencer revenue for builders whose apps generate activity. A sequencer orders transactions before they are grouped into blocks. The commitment is tied to Elysium’s own revenue from that activity.

A separate fee breakdown on Kinetiq’s site allocates 50% of sequencer fees to KNTQ buybacks and the remaining 25% to Kinetiq’s treasury. That gives the network two distinct roles for tokens. Users spend HYPE to make transactions, while Kinetiq has assigned part of the fees those transactions generate to buying back its KNTQ token.

The launch documentation lists 100-millisecond blocks and bridges for moving assets between Elysium and HyperEVM. HYPE moves in at a one-to-one ratio and is immediately usable to pay fees once it arrives. HyperEVM remains the intermediate network for tokens moving between Elysium and HyperCore.

Kinetiq says the design targets 300 million units of computing work, known as gas, per second. By comparison, HyperEVM’s small blocks hold 3 million units and arrive about once a second. Elysium’s figure comes from a prelaunch performance target. Its actual capacity under public trading demand will become clearer once apps begin sending transactions.

Early Monday, Kinetiq’s connection guide listed mainnet chain ID 99901 and marked the public endpoint and block explorer as forthcoming. The guide said those details would be published at launch. Infrastructure provider Alchemy named xStocks and OpenSea among the services expected to support Elysium from the first day.

HyperCore order books come in a later upgrade

HyperCore runs Hyperliquid’s spot and perpetual futures markets. At launch, developers can build exchanges that trade assets in Elysium’s own liquidity pools. The software that lets those apps read live HyperCore order books and send orders into them is planned for an update about four weeks after mainnet, according to Kinetiq’s market data documentation.

The planned order route uses an agent that the user authorizes on HyperCore. Kinetiq says the agent can place and cancel orders while funds and fills stay in the user’s HyperCore account. A Pump.fun integration already gives its users a way to trade Hyperliquid perpetuals from a separate interface. Elysium’s planned route would let a smart contract send the order.

For a market maker, access to live bids and offers could let software adjust its quotes as liquidity shifts. How reliably it can do that will depend on both the age of the data when it reaches the app and the time it takes HyperCore to receive an order. Kinetiq says the data will carry the originating HyperCore block and timestamp. The sequencer will attest to those readings, which developers will be able to compare with archived HyperCore data.

The upgrade also leaves separate steps between an order request and its result. An application can ask to be notified on Elysium of what happened on HyperCore. A fast confirmation on Elysium alone therefore gives the app limited information about whether the order was accepted or filled.

HYPE fees and Elysium withdrawal timing

Kinetiq’s design puts the 100-millisecond interval at the point where Elysium groups transactions, with an estimated user-facing receipt of around 300 milliseconds. That distinction is familiar from the Base Denim rollout, when the Ethereum network’s layer 2 switched to 200-millisecond blocks and separately reported some transactions taking longer to get into a block.

Withdrawals through Elysium’s standard bridge have a challenge period before they finalize on HyperEVM, according to Kinetiq’s security documentation. One operator initially runs the server that stores full transaction data. Kinetiq says the system falls back to posting that data directly to HyperEVM if the server is unavailable. The company plans to add a committee to share that role later.

Alternative.me’s Crypto Fear & Greed Index registered 29 on November 9, up from 28 the day before and still in the Fear range.

Kinetiq has given an approximate window for the HyperCore upgrade and has yet to publish an activation date. The official explorer and public endpoint are the first milestones for users following Monday’s rollout.