Elysium Targets New Growth Era for Hyperliquid With Faster DeFi and Spot Trading

Kinetiq has introduced Elysium, a new Layer-2 environment designed to expand Hyperliquid beyond perpetual futures by improving execution speed, throughput, and HyperCore connectivity. With HYPE serving as the native gas token, Elysium aims to support deeper DeFi, spot trading, automated market makers, and new token launches.
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