Elysium is a blockchain network, and it is also one of the chains where Phew runs its launchpad. If you have seen Elysium mentioned on the Phew launchpad and wondered what it is, this article answers that directly: what Elysium is, who built it, how it works, and what Phew does with it. The short version is that Elysium is Kinetiq’s Hyperliquid L2, built on Arbitrum Orbit, with chain ID 99901 and HYPE as its gas token. The rest of this article unpacks each part of that sentence.
Elysium is a Layer 2 network in the Hyperliquid ecosystem, built by Kinetiq using Arbitrum Orbit technology. It has its own chain ID, 99901, and its gas token is HYPE, the native token of Hyperliquid. That means every transaction on Elysium, from launching a token to placing a trade, is paid for in HYPE. Phew runs a launchpad and a token board on Elysium, with a live trade panel, so tokens launched on Elysium can be traded there just as tokens launched on Phew’s other chains can be traded on theirs.
Everything you need to identify Elysium fits in a short list:
| Fact | Detail |
|---|---|
| What it is | Kinetiq’s Hyperliquid L2 |
| Technology | Arbitrum Orbit |
| Chain ID | 99901 |
| Gas token | HYPE |
| Phew presence | Launchpad board with a live trade panel |
The chain ID is the number wallets and apps use to tell Elysium apart from every other network. If you are adding Elysium to a wallet or checking that you are on the right chain before a transaction, 99901 is the number to look for. The gas token matters just as much: without HYPE in your wallet on Elysium, you cannot pay for transactions there, including the 0.02 HYPE launch fee for launching a token on Phew’s Elysium board.
A Layer 2, or L2, is a network built on top of another network’s technology. Elysium is built on Arbitrum Orbit, which is the framework for building chains in the Arbitrum ecosystem. Being a Hyperliquid L2 means Elysium sits inside the Hyperliquid ecosystem and is built by Kinetiq, the team behind it. Its gas token, HYPE, is Hyperliquid’s native token, which ties the chain’s everyday use directly to the Hyperliquid ecosystem: the token you pay gas in is the ecosystem’s own token.
For users, the practical consequence is simple. Elysium is a separate chain with its own chain ID and its own gas token, and you interact with it the way you interact with any other chain: through a wallet, with the chain’s native token set aside for gas. There is nothing unusual to learn before using it, beyond knowing which token pays for gas and which chain ID you should be on.
Phew’s presence on Elysium has two parts: a launchpad board and a live trade panel. The board lists the tokens launched on Elysium, and the trade panel lets anyone trade them. Both are live now. The Elysium board is one of the items listed as live on the Phew roadmap for Q4 2026, alongside the launchpad itself, PhewSwap trading and multichain launching.
Launching on Elysium follows the same pattern as launching anywhere else on Phew: connect a wallet, set the token’s identity, set its economics, review everything and sign. Trading works through the live trade panel on the board, so a token launched on Elysium is tradable from the moment it goes live.
There is one chain-specific detail to launching on Elysium: the launch fee is 0.02 HYPE. That fee is paid when you sign the launch, and gas for the transaction is also paid in HYPE. Make sure your wallet holds enough HYPE for both before you start.
Everything else about an Elysium launch works the way it works on Phew generally. The token trades on a bonding curve from the moment it is live, and it graduates to a Uniswap v4 pool with liquidity locked forever once $2,500 has been raised, or the equivalent in the pair asset. Every trade on the token carries a 1% trading fee, split 50% to creators, 40% to the protocol and 10% to buyback. Creators keep 50% of trading fees on their token. The bonding curve is explained in detail in our bonding curve guide, and the Elysium board itself is covered in Elysium launchpad explained.
Trading on Elysium happens through Phew’s live trade panel on the Elysium board. Tokens launched on Elysium trade on their bonding curves there, and the same fee structure applies: a 1% trading fee, split 50% to creators, 40% to the protocol and 10% to buyback. You can see live launches on the Phew launchpad, and the full allocation of the $PHEW token itself is published on the tokenomics page.
As with any chain, keep a little of the gas token aside when you trade. On Elysium that means HYPE: if your wallet holds the token you want to buy but no HYPE for gas, the transaction cannot go through. A small HYPE balance set aside for gas avoids that problem.
Elysium is one of several chains Phew supports. Phew’s first chain is Robinhood Chain, where its mainnet is live, and launching is also live on BNB Chain and Ethereum. Solana launches are on the way and are scheduled on the roadmap for Q3 2027, with a native bonding curve graduating to Raydium. The $PHEW presale itself accepts payment across 11 chains, and the token is a Solana SPL token: mint 4RxchRWihDJLisRK4b7VBqvjuYnBnv5u38xyX1ambpZP, 9 decimals, with a supply of 1,000,000,000. You can buy it at phew.pro/presale.
Each chain on Phew works the same way at the level that matters: launch on a bonding curve, trade instantly, graduate at $2,500 raised to a Uniswap v4 pool with liquidity locked forever. What changes between chains is the gas token and the launch fee. On Elysium, gas is HYPE and the launch fee is 0.02 HYPE.
Elysium is Kinetiq’s Hyperliquid L2, built on Arbitrum Orbit, with chain ID 99901 and HYPE as its gas token.
99901. That is the number wallets and apps use to identify the Elysium chain.
HYPE, the native token of Hyperliquid. Every transaction on Elysium is paid for in HYPE.
The launch fee on Elysium is 0.02 HYPE, paid when you sign the launch. Gas for the transaction is also paid in HYPE.
Yes. Phew’s Elysium board is live with a live trade panel, so tokens launched on Elysium can be traded there from the moment they go live.
Elysium launches run on chain ID 99901 with HYPE as gas and a 0.02 HYPE launch fee. See live launches on the Phew launchpad.
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