Is There an Elysium Airdrop or Token? The Facts (and the Scams)
There is no Elysium token and no Elysium points program: HYPE is the gas token. How Elysium's sequencer revenue buys KNTQ, which app-level points exist, and how to spot fake Elysium airdrops.
2 min readUpdated First published By Titan Locker
There is no Elysium token and no Elysium points program or airdrop. Elysium uses HYPE for gas, and Kinetiq says no new token is needed. The economic link is to Kinetiq's KNTQ: half of Elysium's sequencer revenue buys KNTQ on the open market. Any site offering an “Elysium token claim” is a scam.
What exists, and what doesn't
| Claim | Fact |
|---|---|
| An ELYSIUM / ELY token | Doesn't exist — HYPE is the gas token |
| An Elysium points program | None announced (as of 19 October 2026) |
| An Elysium airdrop | None announced |
| App-level points | Some Elysium apps run their own programs; they aren't Elysium's or Kinetiq's |
| Sequencer revenue | 50% buys KNTQ, which goes to the Hyperliquid Assistance Fund |
How Elysium's revenue reaches KNTQ
- 50% of Elysium sequencer revenue buys KNTQ on the open market (Kinetiq's KNTQ docs).
- Under KIP-5 (September 2026), bought-back KNTQ is sent to the Hyperliquid Assistance Fund address 0xfefe…fefe, taking it out of usable supply.
- At announcement, the rest was split 25% to builders on Elysium and 25% to Kinetiq; later sources describe that last share as protocol operations.
How to spot a fake Elysium airdrop
- It asks you to “claim”, “connect to check eligibility” or sign a permit — there's nothing to claim.
- It offers a bridge or RPC you didn't find through Kinetiq's own docs. Elysium's official account warned about unofficial tools on 23 October 2026.
- It asks you to add a network whose chain ID isn't 99901 (mainnet) or 99801 (testnet).
- It's a token called Elysium on another chain. VulcanForged's unrelated Elysium has its own assets; Kinetiq's chain has none.
Building on Elysium instead
If you're a team launching a token on Elysium, the credibility signals buyers look for are verifiable, not promised: locked liquidity and public vesting. Titan Locker gives both a public certificate.
Frequently asked questions
Does Elysium have a token?
No. Elysium uses HYPE as its gas token and Kinetiq says no new token is needed.
Is there an Elysium airdrop?
None has been announced, and there's no Elysium points program. Individual apps on Elysium may run their own points.
How does Elysium benefit KNTQ holders?
50% of Elysium's sequencer revenue buys KNTQ on the open market; under KIP-5 that KNTQ goes to the Hyperliquid Assistance Fund.
Is the Elysium claim site real?
No. With no token or airdrop, any “claim” page is a phishing attempt.
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