Kinetiq Launches Elysium Testnet for Hyperliquid-Focused DeFi Apps

Kinetiq's move is notable less for the testnet itself than for the diagnosis behind it: the project is effectively conceding that HyperEVM, despite its speed, cannot comfortably host the kind of sustained high-frequency activity its own Hyperliquid-focused apps require. That positions an Arbitrum Orbit chain as a pressure-release valve rather than a rival, which matters for builders weighing where to deploy. Whether other Hyperliquid-adjacent teams follow the same offload logic — and whether liquidity fragments as a result — is the open question.