PANews October 20 news: Elysium, the first L2 network in the Hyperliquid ecosystem, has announced that it will launch its mainnet on November 9. Elysium is a general-purpose high-performance L2 network built specifically for Hyperliquid, with HyperEVM (Hyperliquid's smart contract environment) as its settlement layer, deployed in coordination with HyperCore, which handles transactions, and with HYPE as its native gas token. The network currently runs Conduit's G2 sequencer, and its underlying architecture complies with SOC II Type 2 security standards. After the mainnet launch, Elysium will transition from the testing phase to a formal network, open for applications and transactions.
PANews October 20 news: Elysium, the first L2 network in the Hyperliquid ecosystem, has announced that it will launch its mainnet on November 9. Elysium is a general-purpose high-performance L2 network built specifically for Hyperliquid, with HyperEVM (Hyperliquid's smart contract environment) as its settlement layer, deployed in coordination with HyperCore, which handles transactions, and with HYPE as its native gas token. The network currently runs Conduit's G2 sequencer, and its underlying architecture complies with SOC II Type 2 security standards. After the mainnet launch, Elysium will transition from the testing phase to a formal network, open for applications and transactions.