Kinetiq Launches Elysium Mainnet at 300 Million Gas/Second Target

What did Kinetiq put into production?

Kinetiq launched Elysium’s mainnet with a 300 million gas-per-second target that Elysium’s developers say was validated in pre-mainnet load testing. The launch followed the chain’s public testnet, which opened in September.

Elysium targets high-frequency trading and market-making applications within the Hyperliquid ecosystem. Kinetiq also operates kHYPE, the liquid-staking token tied to $HYPE.

HyperEVM’s documented configuration allows 3 million gas in small blocks every second. Large blocks can carry 30 million gas every minute. The large-block allowance is 10 times the small-block figure, although each large block arrives every 60 seconds.

The 300 million gas-per-second figure remains the broader target, while the published configuration sets block-level limits. Elysium’s developers say pre-mainnet load testing validated the broader figure.

How does Elysium price transactions?

Elysium sets a minimum base fee of 0.1 gwei and avoids a parent-chain data fee by keeping transaction data offchain. Elysium’s developers say the design should let market makers refresh quotes five to 10 times per second cheaply.

Mainnet priority fees are collected by the network rather than burned. Kinetiq’s revenue model, published in August, separately allocates sequencer fees as follows:

• 25% of sequencer fees go to builders.
• 25% go to Kinetiq’s treasury.
• 50% fund open-market purchases of $KNTQ.

Kinetiq said all $KNTQ purchased under the model would be sent to the Hyperliquid Assistance Fund and burned. Builders, treasury operations and token disposal therefore draw on the same sequencer-fee pool.

When do the HyperCore links arrive?

The mainnet launch does not yet include two planned connections to HyperCore’s trading infrastructure. The first is a native market-data interface that lets contracts read orderbooks, prices, balances and positions using ordinary call gas.

The interface is scheduled for an ArbOS network upgrade about four weeks after mainnet. The same upgrade is set to add a fast order-submission path.

Under that design, an Elysium contract sends trading instructions to an agent authorized to place and cancel orders on a user’s HyperCore account. The agent cannot withdraw or transfer funds from that account.

Those permissions separate order placement from asset custody. Until the upgrade ships, Elysium’s mainnet does not have the native market-data feed or fast order-routing path described by Kinetiq.

What does the launch security model include?

At launch, Elysium runs standard ArbOS software and token bridges. $HYPE bridges from HyperEVM at a 1:1 ratio and serves as Elysium’s native gas asset.

Elysium’s security documentation specifies a single sequencer, permissioned validation and one data-availability server operated by Conduit. Standard withdrawals have a challenge period of about 5.5 days. The documented setup therefore concentrates block production and data availability in one sequencer and one Conduit-operated server.

For traders, the 5.5-day challenge period is an operational constraint distinct from transaction speed. The single-operator data path also defines the trust assumptions behind delayed withdrawals.

Developers plan a multi-member data-availability committee and permissionless fraud proofs for later hardening. Those changes would broaden participation in data availability and introduce permissionless fraud proofs, but neither feature is live at mainnet.

Operationally, the market-making proposition depends on quote-refresh rates and fees supporting five-to-10 quote updates per second. The ArbOS upgrade about four weeks after mainnet is the next dated checkpoint; the multi-member data-availability committee and permissionless fraud proofs remain slated for later hardening.