Uniswap Deploys v2, v3, and v4 on Hyperliquid’s Elysium Network

27 minute ago 2 sources positive

Key takeaways:

  • Uniswap's Elysium deployment may boost HYPE demand via gas fees and token launch liquidity.
  • Kinetiq's 50% sequencer revenue buyback for KNTQ could create persistent buying pressure, supporting token value.
  • Short-term HYPE volatility likely as traders assess Elysium's adoption, but revenue buybacks offer structural support.

Uniswap has officially launched all three of its decentralized exchange protocol versions—v2, v3, and v4—on Elysium, a Layer 2 network built by Kinetiq and focused on the Hyperliquid ecosystem. The deployment was confirmed on November 11, 2026, two days after Elysium’s public mainnet launch on November 9.

The announcement directs builders to Uniswap’s developer documentation, where official contract addresses are listed for v2 factories and routers, v3 factory, quoting and position manager contracts, and v4’s PoolManager, PositionManager, Quoter, StateView, and Universal Router. Elysium uses chain ID 99901, while HyperEVM retains chain ID 999; the two have separate v4 PoolManager addresses in the deployment registry.

Elysium uses HYPE as native gas and settles to HyperEVM. Kinetiq said HYPE moves between HyperEVM and Elysium at a 1:1 ratio without a wrapper token, and HyperEVM ERC-20 tokens can bridge permissionlessly. The network targets 100-millisecond block times and an execution capacity of roughly 300 million gas units per second. Developers can use familiar Ethereum tools including Foundry, Hardhat, viem, and ethers, with Solidity and Vyper contracts compiling unchanged.

Uniswap v4 brings concentrated liquidity through a single PoolManager contract and supports hooks that can run custom logic before or after swaps, liquidity additions, and withdrawals. Kinetiq has also committed 50% of sequencer revenue to KNTQ buybacks and 25% to builders whose applications generate demand for Elysium blockspace.

The launch expands Uniswap’s presence to a Hyperliquid-aligned Layer 2 and positions Elysium for spot trading, lending, derivatives, structured products, and token launches. Developers have already prepared launchpad contracts that pair new tokens against HYPE, tying early liquidity directly to the Hyperliquid asset.

Previously on the topic:
Nov 7, 2026, 3:54 p.m.
Whale Wallets Accumulate UNI, LINK and ETH Worth Over $28 Million
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