Kinetiq is building the app economy around Hyperliquid.

Elysium is Kinetiq’s new network for the apps that run alongside Hyperliquid’s exchange, targeting roughly 100 times the block space they get on HyperEVM today.

Block space has been a key bottleneck on HyperEVM. Market makers pay gas on every quote update, so fee spikes mean fewer updates and wider spreads. Few apps beyond staking and lending have taken off.

More room should let market makers keep prices fresh without fees eating into their margins. A maker selling downside protection through an options app on Elysium could then hedge with perps on Hyperliquid. Each of those trades pays the exchange a fee.

HIP-3 let outside teams launch their own markets on Hyperliquid. Elysium could do the same for apps.

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