🚨 A new blockchain is scheduled to open today — but it doesn't need a new token

And part of its revenue is designed to buy back an existing one
Meet Elysium, Kinetiq's new Layer 2 built for Hyperliquid
Here's what makes it different 👇

$HYPE

⚡ 100ms target block times
⛽ HYPE as the native gas token
💰 25% of sequencer revenue reserved for builders
🔄 Another 50% is intended to fund KNTQ buybacks under the announced model

Instead of launching a separate gas token, Elysium aims to connect new trading applications to the existing Hyperliquid economy
But there's a catch


⚠️ November 9 is the scheduled public mainnet launch — not yet independently verified as completed
And direct HyperCore market-data access and trading integration are planned for a later upgrade, roughly four weeks after launch
A revenue-sharing model is promising
But it isn't proof that meaningful fees or buybacks already exist

📌 Watch verified mainnet transactions, actual trading liquidity and published KNTQ buyback activity
Launching another blockchain is easy to announce
Building one that generates sustainable economic value is the real test

#hype #kntq #Hyperliquid