Uniswap is now live on Elysium, a new Layer-2 blockchain built by Kinetiq, with three versions of the protocol deployed from the start. The public mainnet opened on November 9, 2026, and Uniswap v2, v3, and v4 are all available, according to the project. Hyperliquid’s HYPE token serves as the network’s sole gas token.
What went live
The Uniswap rollout covers 19 contracts across the three protocol versions. These contracts were verified on-chain on November 5, 2026, four days before the public mainnet opened. The deployments came from the same official wallet Uniswap uses on Ethereum and Unichain, providing a way for users and developers to confirm they are interacting with the genuine protocol rather than a lookalike.
Speed and routing
Elysium targets block times of 100 milliseconds, equivalent to ten blocks per second, and throughput of roughly 300 Mgas/s. These targets are aimed at high-frequency traders and market makers. Routing support is in place from the start, with aggregators 0x and KyberSwap among the integrators working with the deployment, allowing trades to be routed through familiar infrastructure.
HYPE as the economic backbone
Elysium has no native token of its own and no airdrop. Instead, HYPE is bridged in from HyperEVM, the underlying Hyperliquid infrastructure, and is the only gas token on the network, used for transaction fees, staking, and trading. HYPE launched in November 2024 with a maximum supply capped at 1 billion tokens and is the native asset of the Hyperliquid ecosystem.
Two launchpads integrated with the chain, Supercolony and Citadel, direct new token flow into locked pools quoted in HYPE. When a new project launches through these platforms, its liquidity is paired against HYPE and locked in place, making every fresh token another trading pair that runs through HYPE.
How Elysium fits into the Hyperliquid world
Technically, Elysium operates as an Arbitrum Orbit Layer-2, built via the infrastructure provider Conduit. Arbitrum Orbit is a framework that lets teams spin up their own customized chains using Arbitrum’s technology stack. Elysium’s design is built around the Hyperliquid ecosystem, connecting to it and using HYPE as its economic backbone.
The timeline was brisk: the public testnet opened on September 22, 2026, the Uniswap contracts were verified on November 5, 2026, and mainnet followed on November 9, 2026—under two months from public testing to live trading.
What it means for traders, builders, and HYPE holders
For traders, the immediate benefit is familiarity. Uniswap is a standard interface in DeFi, and finding v2, v3, and v4 already deployed on a new chain removes friction. For builders, the setup offers a standardized toolkit from launch: Uniswap’s contracts, aggregator routing through 0x and KyberSwap, and integrated launchpads mean a new project can go live without assembling the plumbing itself.
For HYPE holders, the design is notable: HYPE is the only gas token, a staking asset, and the default quote currency for launchpad pools. There are also concentration questions. Locking launchpad liquidity into HYPE-quoted pools ties the health of new projects closely to HYPE itself; if HYPE swings sharply, every pair quoted against it swings too.
The key metrics to watch are straightforward: liquidity depth in the Uniswap pools will show whether capital is arriving, sustained block times will show whether the speed claims hold, and the volume of tokens launched through Supercolony and Citadel will show whether the HYPE-centric design is attracting projects or just looking good on paper.
