Blog · Phew Team · 2026-11-06

What Is Elysium on Phew? Launching Tokens on Elysium Explained

Elysium is the second network Phew covers, alongside Robinhood Chain. It is Kinetiq’s Hyperliquid L2, built as an Arbitrum Orbit chain, with chain ID 99901 and HYPE as its native gas token. Phew’s board covers Elysium tokens with a live trade panel, and launching a token on Elysium through Phew is live now. This article explains what Elysium is, how launching there works, what it costs, and how it differs from launching on Robinhood Chain. The facts come from the Phew documentation at docs.phew.pro.

What Elysium is

Elysium is a layer-2 network in the Hyperliquid ecosystem, operated by Kinetiq. Its network parameters are published in the Phew documentation: chain ID 99901, native asset HYPE, and public RPC at https://api.phew.pro/rpc-elysium. Fees on Elysium are always paid in HYPE, which is the chain’s own native gas token — the same role ETH plays on Robinhood Chain. No block explorer for Elysium is published in the documentation yet, so this article does not link to one.

Phew’s own launch contracts are deployed on Robinhood Chain. Elysium is covered through the Phew board: Elysium tokens open on Phew with a live trade panel, live quotes and direct swaps where execution is connected. That distinction matters for anyone comparing the two networks. Robinhood Chain is where Phew’s launch contracts live; Elysium is a network Phew supports for launching and trading through its board.

Launching a token on Elysium

Launching on Elysium through Phew follows the same two-step shape as launching on Robinhood Chain. You pick a name, symbol, image and description, then sign the launch transaction in your own wallet. Your token deploys with its own bonding curve and starts trading immediately. There is no waiting period, no private allocation and no permission needed. Phew never holds your funds: every launch, trade and claim is a transaction your own wallet signs and approves.

The launch fee on Elysium is 0.02 HYPE. That is the fee for launching a token on Elysium through Phew, and it is separate from network gas, which is also paid in HYPE. Do not confuse it with the Robinhood Chain launch fee, which is 0.0005 ETH plus network gas. The create page shows the current fee before you sign, and the documentation states the Elysium fee plainly, so check the page at the time you launch rather than relying on this article alone.

Launching is permissionless, which cuts both ways. Anyone can launch anything, including copies of your token’s name and image. Your token’s contract address is its real identity, so share that, not just the name. Token names and symbols can be copied by anyone, so always verify the contract address before trading a token you found on the board.

Bonding curves and graduation

Every token launched through Phew trades on a bonding curve from the first block: buys push the price up, sells push it down, and every trade pays a 1% fee, split 70% to the creator and 30% to $PHEW holders. Holder fee sharing activates with the Q1 2027 rollout. When a curve completes, liquidity locks and the token graduates to a real decentralised exchange pool. On Robinhood Chain, the graduation point for standard tokens is 1 ETH raised, with 2,500 USDG for USDG-paired tokens and $2,500 equivalent for stock tokens.

For Elysium specifically, the documentation does not publish a separate graduation threshold in HYPE, so this article does not state one. What it does state is the general rule: graduation locks liquidity permanently and moves the token to a standard pool anyone can trade, and graduation itself is not a quality signal. It only confirms the curve raised enough to seed a pool; it does not guarantee future liquidity, price or volume. For the full curve mechanics, read bonding curve explained and how to launch a token on Robinhood Chain, and for the network itself, the Robinhood Chain guide.

Trading Elysium tokens on Phew

Elysium tokens on the Phew board open with a live trade panel. Swaps execute directly for V3 pools and routed V4 pools; the remaining V4 pool type shows live quotes while its execution is being connected. That is the current state as published in the documentation, and it is worth checking the token page before you trade, because a live quote is not the same as a live execution route. As with every trade on Phew, the amount shown before you sign is a quote, not a guarantee: the price moves with every trade, so review the transaction preview in your wallet before signing.

Launching, graduating and trading on Phew all earn $PHEW, credited to your balance and claimable on-chain when the claim opens. Launching a token earns 500 $PHEW and a graduation earns 2,500 $PHEW, with trading earning 0.5 $PHEW per $1 of volume, capped at 25,000 $PHEW per day. Those are the published reward rates in the documentation; claims open per season through the Merkle distributor, and the airdrop page shows your exact claim state.

Frequently asked questions

What is Elysium?

Elysium is Kinetiq’s Hyperliquid L2, an Arbitrum Orbit chain with chain ID 99901 and HYPE as its native gas token. Phew covers Elysium tokens on its board, with launching through Phew live now.

How much does it cost to launch on Elysium?

The launch fee on Elysium is 0.02 HYPE, plus network gas, also paid in HYPE. The launch fee on Robinhood Chain is 0.0005 ETH plus gas.

Is launching on Elysium free?

No. Launching on Elysium costs 0.02 HYPE plus gas. Any page or post describing an Elysium launch through Phew as free is wrong.

Can I trade Elysium tokens on Phew?

Yes. Elysium tokens open on Phew with a live trade panel. Swaps execute directly for V3 pools and routed V4 pools; the remaining V4 pool type shows live quotes while execution is being connected.

Where do I check Elysium network details?

In the Phew documentation at docs.phew.pro: chain ID 99901, HYPE gas, and the public RPC. No Elysium block explorer is published there yet. For presale and token questions, see the presale page, the tokenomics page and the FAQ.

Official pages: presale, tokenomics, how to buy, audit and contract, FAQ and roadmap.

$PHEW Presale Is Live

Starts at $0.01 and rises every stage — listing at $0.258, with no vesting: 100% unlock at launch.

Join the presale

Crypto assets are volatile and presales are high risk. Nothing here is financial advice.