Historical source context: Odaily published the original report by Asher on November 9, 2026, at 16:14:51 UTC+8. It described Elysium’s mainnet launch as scheduled for 9 p.m. that evening; the supplied report does not confirm the subsequent launch outcome.
Elysium, described by Odaily as the first L2 network in the Hyperliquid ecosystem, was approaching its scheduled launch with its official bridge not yet live. The report instead outlined a route through the third-party BOXA bridge: withdraw HYPE from a centralized exchange to HyperEVM, then use BOXA to transfer it to Elysium.
That route involves distinct dependencies: the exchange’s withdrawal network, a personal wallet on HyperEVM, BOXA’s bridge, and a BOXA-provided Elysium RPC endpoint. The report supplies connection details but does not explain the bridge’s verification or custody model.
Where Elysium executes and settles
Elysium was developed by Kinetiq, which began with the HYPE liquid-staking product kHYPE. According to the report, the network uses the Arbitrum Orbit stack, executes transactions on L2 and settles state to HyperEVM. HYPE serves as its native gas asset.
The stated performance targets were approximately 100 milliseconds per block and 300 million gas per second. These were targets, not independently verified performance measurements in the supplied article.
Elysium also planned deeper interaction with HyperCore, allowing smart contracts to read order-book, balance and position data and submit orders with low latency. The report presented this as planned functionality for applications such as market making and arbitrage, rather than an already confirmed capability.
The reported route: exchange → HyperEVM → BOXA → Elysium
Before the scheduled launch, Odaily described BOXA as a commonly used third-party bridge in the community. Its outlined sequence was:
- Obtain HYPE on a centralized exchange. The report said Binance had resumed withdrawals over HyperEVM at the time of publication.
- Withdraw HYPE to a personal wallet on HyperEVM. It specifically distinguished the HyperEVM withdrawal network from Hyperliquid / HyperCore.
- Use BOXA’s deposit interface. The reported flow was to open BOXA, select “Bridge,” choose “Deposit,” connect a wallet, enter an amount and sign.
- Add Elysium using BOXA’s RPC endpoint. The destination network configuration in the report came from BOXA.
These are historical details from the source, not confirmation that the route or endpoints remain operational.
Network settings supplied in the report
| Setting | HyperEVM | Elysium |
|---|---|---|
| Chain ID | 999 | 99901 |
| Currency symbol | HYPE | HYPE |
| RPC endpoint | https://rpc.hyperliquid.xyz/evm |
https://rpc-live.boxa.club |
| Block explorer | https://hyperevmscan.io/ | Not supplied |
What the bridge description leaves unspecified
The source describes moving HYPE from HyperEVM to Elysium, but it does not establish whether BOXA locks, burns, mints or releases assets at either end. It also does not identify the bridge’s validators, message-verification process, custody arrangements, upgrade controls or withdrawal conditions.
Those omissions matter when interpreting the route. Elysium’s stated settlement to HyperEVM and BOXA’s cross-chain transfer mechanism are separate parts of the infrastructure. The report does not establish that BOXA transfers inherit the same security properties as Elysium’s settlement arrangement. Likewise, HYPE being the destination network’s native gas asset does not by itself explain how BOXA accounts for the transferred value.
The original article also surveyed token-launch platforms Ascend, Montra, Volta and Kleos. That application activity provides context for interest in the network, but it does not resolve the bridge’s unspecified trust assumptions.
