What is Elysium?
Elysium is a Layer 2 network developed by Kinetiq specifically for the Hyperliquid ecosystem. Launched on September 22, 2026, the Elysium testnet serves as a crucial platform for users to engage in early on-chain activity, ahead of the mainnet and any potential airdrops.
The network focuses on high-throughput decentralized finance (DeFi) applications, encompassing high-frequency trading, market-making strategies, automated market makers (AMMs), and token launches.
In October 2025, Kinetiq raised $1.75 million in a seed round, with prominent investors including Maven 11, Susquehanna Crypto, and others.
How to Participate in the Elysium Testnet Airdrop
Though no official elysium airdrop has been confirmed, participating in the testnet can increase your chances for future rewards. Here’s a guide on how to get started:
- Add the Elysium Testnet to Your Wallet:
Visit the Elysium testnet faucet to seamlessly add the network, using Chain ID 99801 and HYPE for gas fees. A new wallet without any real funds is optimal for testnet use.
- Claim Test HYPE from Both Faucets:
Claim test HYPE directly from the Elysium faucet. You’ll also need HYPE from the HyperEVM testnet, which can be acquired from its corresponding faucet.
- Bridge Between HyperEVM and Elysium:
Utilize the Elysium testnet bridge to transfer test HYPE tokens between HyperEVM and Elysium, performing transactions in both directions to establish a diverse on-chain activity.
- Launch and Trade Tokens on Elysium Launchpads:
Choose from various launchpads within the Elysium ecosystem, such as Signal and CorePad. You can create a new token or invest in existing ones, and then trade them once they transition into liquidity pools.
- Engage with Other Ecosystem dApps:
Diversify your activity across all available dApps, including Hyperflip for parlays, Temporal Finance for options trading, and Enso for token swaps.
Tips for Maximizing Your Elysium Activity
- Spread transactions across days: Interacting regularly, even minimally, over time creates a profile resembling a typical user rather than appearing as a bot.
- Complete full token cycles: Engaging in the entire process—from issuing a token to trading it—will enhance your footprint on the platform.
- Touch every category: Participate in various activities like bridging, engaging in launchpads, and trading to ensure a wider on-chain presence.
Frequently Asked Questions
Is there an Elysium airdrop?
Currently, there are no confirmed airdrops from Elysium. Kinetiq has not launched any token for the Layer 2 or established a points program. The testnet farming aims to position users favorably ahead of potential incentives.
Does Elysium have its own token?
The network does not possess a standalone token for transaction fees; gas on the Elysium network is paid in HYPE, while Kinetiq’s governance token is KNTQ.
Is the Elysium testnet free to use?
Yes, participation is free, requiring only test HYPE, which can be claimed from the Elysium faucet. No real funds are necessary for any of the transactions on the testnet.
Conclusion
The Elysium testnet provides an essential platform for Hyperliquid developers focusing on efficient DeFi solutions. With its range of launchpads and dApps, it offers users numerous opportunities to engage freely in preparation for future developments.
