Elysium Token Price: Is There an Elysium Coin? (2026 Guide)
There is no native Elysium token, so there is no official "Elysium coin price" to look up. Elysium uses HYPE as its gas token, and half of its sequencer fees go to open-market buybacks and burns of KNTQ, Kinetiq's governance token. Any coin sold as "the Elysium token" should be treated as unofficial until Kinetiq says otherwise.
People type "elysium coin price", "elysium token" and "elysium crypto" into Google every day, and the results are confusing. Some point to an older gaming chain, some to unrelated tickers, and some to memecoins that simply borrowed the name. This guide explains what actually exists, what you pay gas with, and how to see real prices for the thousands of coins that trade on Elysium.
Does Elysium have its own token?
No. As of the mainnet announcement, Kinetiq has said there is no Elysium token and no official points program. Elysium is a Layer-2 built by Kinetiq, the team behind kHYPE liquid staking on Hyperliquid. It is an Arbitrum Orbit chain that settles to HyperEVM, and it was designed so you never need a new asset to use it.
That is unusual. Many new chains launch with a token on day one. Elysium chose to run on HYPE instead, which keeps it tightly tied to the Hyperliquid ecosystem. If you want the bigger picture, our plain-English overview of Elysium covers the basics.
What do you pay gas with on Elysium?
You pay gas in HYPE. HYPE is bridged 1:1 from HyperEVM, can be withdrawn 1:1, and has no wrapper on the gas side. So the "price" of using Elysium is really the HYPE price multiplied by a very small amount of gas. On testnet, gas sat around 0.01 gwei, which made most swaps cost a fraction of a cent.
For a breakdown of what a typical transaction costs and why, read Elysium gas fees explained. To move HYPE onto the chain, follow the HYPE bridging guide.
Where does KNTQ fit in?
KNTQ is Kinetiq's governance token. It is not an Elysium token, but it is the asset most directly linked to Elysium's economics. Here is how Kinetiq has described the fee split:
- 50% of sequencer fees go to open-market KNTQ buybacks and burns.
- The other 50% is split between builder incentives and Kinetiq's treasury.
So when people say "Elysium token price", the closest real answer is usually "HYPE for gas, and KNTQ for exposure to fee flows". KNTQ reached an all-time high near $0.49 on October 28, 2026, according to CoinGecko data cited by Bankless. That is history, not a forecast. Our KNTQ token explainer goes deeper on governance and the buyback mechanism.
Why do I see "Elysium" tickers on price sites?
Because the name is popular and not protected. There are at least three kinds of results you will run into:
| What you find | What it actually is | Related to Kinetiq's Elysium? |
|---|---|---|
| Vulcan Forged "Elysium" | A separate, older Layer-1 for the Vulcan Forged gaming ecosystem (PYR, LAVA), chain IDs 1338/1339 | No |
| ELYS | The token of Elys Network, a different project | No |
| "Elysium token" listings | Various tickers on aggregators that reuse the name | No, unless Kinetiq announces it |
| Memecoins named "Elysium" on Elysium | Community coins launched on pads, anyone can create one | They live on the chain, but are not official |
If you are unsure which "Elysium" a page is about, our comparison of Kinetiq's Elysium vs Vulcan Forged Elysium clears it up quickly.
How to spot a fake Elysium token
Fake "official" tokens tend to appear right around launches. Mainnet goes live on November 9, 2026, so expect a wave of them. Watch for these signs:
- It claims to be the official Elysium or Kinetiq token. Kinetiq has said there is none. Check Kinetiq's own channels before believing anything else.
- It promises an airdrop for holders. No airdrop or points program has been announced. See our honest note on the Elysium airdrop question.
- A few wallets hold most of the supply. High top-10 concentration is a classic setup for a dump.
- Several wallets bought in the same block at launch. That pattern often means a bot bundle controlled by the creator.
- The creator has a history of dead coins. Serial launchers rarely stick around.
Every one of these can be checked in seconds on a coin's page in ElyScreener. The safety label (Safe, Caution or Risky) rolls them into a single score that refreshes every 15 minutes.
Nothing here is financial advice. Coins on new chains can lose most of their value in minutes. Only use money you can afford to lose.
How do I check prices of coins on Elysium?
While there is no Elysium token, there are thousands of coins trading on the chain. ElyScreener's own index tracked about 4,200 coins across launchpads as of November 4, 2026, with Boxa, Kleos and ElysPump carrying the most launches. To see their prices:
- Open ElyScreener's live screener. No sign-up needed.
- Use the Trending, Gainers, Losers or New tabs, or search by name or contract address.
- Open a coin to see live price, market cap, holders, the bubble map of top wallets and the safety label.
- Add a star to save it to Favorites, or set an alarm for +50%, -30%, creator sells or a big buy.
Brand-new launches show up in the fresh coins feed within moments of their first trade. If you want to learn how to read what you see, try reading a memecoin chart.
Is a token likely in the future?
Nobody outside Kinetiq knows, and we will not guess. What is confirmed is the current design: HYPE for gas, sequencer fees feeding KNTQ buybacks and builder incentives. If that changes, it will come from Kinetiq's official announcements, not from a random listing on an aggregator. Until then, treat "Elysium token price" searches as a reason to double-check, not a signal to buy.
FAQ
What is the Elysium coin price today?
There is no official Elysium coin, so there is no price to quote. Elysium uses HYPE for gas. Any "Elysium coin price" you see belongs to an unrelated project or an unofficial memecoin.
Is KNTQ the Elysium token?
No. KNTQ is Kinetiq's governance token. It is linked to Elysium because half of the chain's sequencer fees fund KNTQ buybacks and burns, but it is not a native Elysium token.
Do I need a special token to use Elysium?
No. You only need HYPE, bridged 1:1 from HyperEVM, to pay gas. There is no extra token required to transact.
Is the Elysium crypto on CoinMarketCap the same chain?
Usually not. Listings named "Elysium" on aggregators are often unrelated tickers or the Vulcan Forged gaming chain. Check the contract address and the chain before trusting any of them.
Where can I see prices of Elysium memecoins?
On ElyScreener, which shows live price, market cap, holders and a safety label for every coin and launchpad on Elysium, free and without an account.
Open ElyScreener →