Uniswap v2, v3, and v4 go live on Elysium, with HYPE as the only gas token

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Kinetiq's new Layer-2 launches mainnet with three Uniswap versions, 100-millisecond block targets, and no token of its own

Mon 9 Nov 2026 · 10:36 EST · 4 min read

In DeFi

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Uniswap is now live on Elysium, and it brought three versions of itself to the party.

Elysium is a new Layer-2 blockchain built by Kinetiq. It opened its public mainnet on November 9, 2026, with Uniswap v2, v3, and v4 deployed from day one. Hyperliquid’s HYPE token serves as the network’s sole gas token.

What went live, and how fast it claims to be

The Uniswap rollout covers 19 contracts across the three protocol versions. According to the research findings, they were verified on-chain on November 5, 2026, four days before the public mainnet opened.

The deployments came from the same official wallet Uniswap uses on Ethereum and Unichain. That detail is less boring than it sounds.

Fake Uniswap deployments are a known hazard on new chains. Shipping from the familiar wallet gives users and developers a simple way to confirm they are dealing with the real thing, not a lookalike.

Elysium’s pitch is speed. The chain targets block times of 100 milliseconds, which works out to ten blocks every second. It also targets throughput of roughly 300 Mgas/s.

Quick translation for the second figure: “gas” measures computational work on Ethereum-style chains. Mgas/s means millions of gas units processed per second. A higher number means the chain can handle more transactions and heavier smart contract activity at once.

Those targets are aimed squarely at high-frequency traders and market makers.

Routing support is also in place from the start. Aggregators 0x and KyberSwap are among the integrators working with the deployment. That means trades can be routed through familiar infrastructure rather than forcing users to learn a new set of tools.

HYPE gets the whole chain to itself

The other headline is the token setup. Elysium has no native token of its own and no airdrop.

Instead, HYPE is bridged in from HyperEVM, the underlying Hyperliquid infrastructure. It is the only gas token on the network and is used for transaction fees, staking, and trading.

HYPE launched in November 2024 with a maximum supply capped at 1 billion tokens. It is the native asset of the Hyperliquid ecosystem.

The launchpads reinforce that design. Supercolony and Citadel, two launchpads integrated with the chain, direct new token flow into locked pools quoted in HYPE.

Put simply, when a new project launches through these platforms, its liquidity gets paired against HYPE and locked in place. Every fresh token, in effect, becomes another trading pair that runs through HYPE.

How Elysium fits into the Hyperliquid world

Technically, Elysium operates as an Arbitrum Orbit Layer-2, built via the infrastructure provider Conduit. Arbitrum Orbit is a framework that lets teams spin up their own customized chains using Arbitrum’s technology stack.

Elysium’s menu is built around the Hyperliquid ecosystem. It connects to that ecosystem and uses HYPE as its economic backbone.

The timeline was fairly brisk. The public testnet opened on September 22, 2026. The Uniswap contracts were verified on November 5, 2026, and mainnet followed on November 9, 2026. That is under two months from public testing to live trading.

What this means for traders, builders, and HYPE holders

For traders, the immediate benefit is familiarity. Uniswap is about as close to a standard interface as DeFi has. Arriving on a new chain and finding v2, v3, and v4 already deployed removes a lot of friction.

For builders, the setup offers a standardized toolkit from launch. Uniswap’s contracts, aggregator routing through 0x and KyberSwap, and integrated launchpads mean a new project can go live without assembling the plumbing itself.

For HYPE holders, the design is notable. HYPE is the only gas token, a staking asset, and the default quote currency for launchpad pools.

There are also concentration questions. Locking launchpad liquidity into HYPE-quoted pools ties the health of new projects closely to HYPE itself. If HYPE swings sharply, every pair quoted against it swings too.

The key metrics to watch from here are straightforward. Liquidity depth in the Uniswap pools will show whether capital is arriving. Sustained block times will show whether the speed claims hold. And the volume of tokens launched through Supercolony and Citadel will show whether the HYPE-centric design is attracting projects or just looking good on paper.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.