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Crypto DeFi

Hyperliquid’s Layer 2 ‘Elysium’ Unveiled by Kinetiq

Kinetiq, the largest liquid staking protocol on Hyperliquid, announced Elysium, a Layer 2 solution for Hyperliquid. Elysium aims to improve performance, enable complex applications like PropAMM and PaperTrade, and funnel activity back to HyperCore, with HYPE as gas and 50% of sequencer revenue buying back KNTQ.

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