Kinetiq Launches Elysium, an OP Stack L2 for Hyperliquid
Kinetiq Launches Elysium, an OP Stack L2 for Hyperliquid Kinetiq, the largest liquid-staking protocol on Hyperliquid, has launched Elysium, an OP Stack-based Layer 2 built to improve performance, throughput and composability for HYPE traders and developers. Elysium uses HYPE as its native gas token and directly targets HyperEVM's throughput limitations, which have capped how much activity the base layer can absorb. By moving execution onto a dedicated L2 while keeping HYPE at the center, Kinetiq is positioning Elysium to widen the DeFi surface of the Hyperliquid ecosystem. Kinetiq is not a…
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