The first L2 network Elysium of the Hyperliquid ecosystem has launched its testnet

According to official news from Kinetiq, the first L2 network of the Hyperliquid ecosystem, Elysium, has launched its testnet.

It is reported that Elysium is a general-purpose, high-performance L2 network built specifically for Hyperliquid, settling to HyperEVM, and co-located with HyperCore, with HYPE as its native gas token. Elysium is currently running Conduit’s G2 sequencer on an architecture that meets SOC II Type 2 standards.