Kinetiq Opens Elysium Testnet for Hyperliquid-Focused DeFi Apps

Kinetiq, a protocol focused on liquid staking, has launched its Elysium testnet on Arbitrum Orbit and published key network details for developers. The project made available a chain ID, an RPC endpoint and a block explorer to enable testing and inspection of activity on the test network.

The release of these components is intended to let builders and users interact with Elysium and begin deploying or testing decentralized applications targeted at the Orbit environment. Making an RPC endpoint and explorer publicly available typically helps third-party tooling, wallets and explorers integrate with a new testnet sooner.

The testnet rollout follows comments from Kinetiq roughly a month earlier that highlighted limitations in HyperEVM's throughput, saying the engine's performance leaves little room for sustained high-frequency activity. That assessment suggests Kinetiq and potential builders may focus on applications and use cases that do not rely on continuous, very high transaction rates.

By publishing the network identifiers and access points for Elysium, Kinetiq has given developers the means to evaluate how their DeFi applications perform on Arbitrum Orbit under the constraints noted by the team. The testnet stage will allow further observation and iteration before any mainnet deployment decisions are made.