Bollcoin reported on October 20 that Elysium, the first L2 network in the Hyperliquid ecosystem, 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 trading, and 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 use by applications and trading.