Ask about Kinetiq
Logo of KinetiqKinetiq(KNTQ)
Total Value Locked$851.43m

TVL by Chain

Hyperliquid L1$851.43m

Key Metrics

Fees (Annualized)$33.41m
Fees 30d$1.66m

Hyperliquid L1$1.66m

Fees 7d$359,824.02

Hyperliquid L1$359,824.02

Fees 24h$51,452

Hyperliquid L1$51,452

Cumulative Fees$34.4m

Hyperliquid L1$34.4m

Revenue (Annualized)$4.7m
Revenue 30d$215,756.03

Hyperliquid L1$215,756.03

Revenue 7d$44,905

Hyperliquid L1$44,905

Revenue 24h$6,341

Hyperliquid L1$6,341

Cumulative Revenue$4.7m

Hyperliquid L1$4.7m

Holders Revenue (Annualized)$2.96m
Holders Revenue 30d$104,726.02

Hyperliquid L1$104,726.02

Holders Revenue 7d$22,384

Hyperliquid L1$22,384

Holders Revenue 24h$3,224

Hyperliquid L1$3,224

Cumulative Holders Revenue$976,548.03

Hyperliquid L1$976,548.03

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$4.7m

$215,756.03

$44,905

$6,341

$4.7m

Perp Volume 30d$212.73m
Perp Volume 30d by chain

Hyperliquid L1$212.73m

Perp Volume 7d$74.69m

Hyperliquid L1$74.69m

Perp Volume 24h$15.05m

Hyperliquid L1$15.05m

Cumulative Perp Volume$4.29b

Hyperliquid L1$4.29b

$14.9m

Market Cap$27.44m

$KNTQ Price$0.098

All Time High$0.38

All Time Low$0.036

View $KNTQ token page

$97.83m

$58.7m

$KNTQ Volume 24h$354,903

CEX Volume$3,106.8

DEX Volume$390,008.17(109.89% of total)

Staked$8.68m(31.64% of mcap)

Treasury$56,383.16

$0

Stablecoins$0

Own Tokens$4,685.91

Others$51,697.25

Total Raised$1.75m

Oct 22, 2025$1.75mRound: SeedInvestors: Maven 11, Pier Two, Chorus One Ventures, IMC Crypto, Infinite Field, Flowdesk, Susquehanna

Protocol Information

Kinetiq is a non-custodial liquid staking protocol that allows users to stake HYPE tokens on Hyperliquid L1 and receive kHYPE, a yield-bearing representation of staked HYPE that is usable in DeFi.

Category:Liquid Staking

WebsiteTwitter

Yields

Pools Tracked2

Average Supply APY5.64%

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Kinetiq kHYPE - Total unstaking fees and rewards from staked HYPE.View code on GitHubKinetiq Earn - Total yield generated by the Kinetiq Earn (vkHYPE) Veda strategy vault.View code on GitHubKinetiq Markets - Trading fees paid by users on Hyperliquid via Kinetiq's builder code and its HIP-3 markets.View code on GitHubKinetiq Launch - Gross validator staking rewards generated by Kinetiq Launch LSTs.View code on GitHub

Revenue:

Kinetiq kHYPE - Total fee through 0.1% KHYPE unstaking fee before 2026-04-09, 10% performance fees after that.View code on GitHubKinetiq Earn - 20% performance fee charged on vault profits (profit-only, no management or entry/exit fees).View code on GitHubKinetiq Markets - Builder-code fees (retained by Kinetiq) plus Kinetiq's deployer-fee cut of its HIP-3 market fees.View code on GitHubKinetiq Launch - 10% performance fee taken on LST staking rewards (the full fee accrues to Kinetiq).View code on GitHub

Holders Revenue:

Kinetiq kHYPE - From 2026-04-09, 70% of performance fees (which is 10% staking rewards) are used to by back KNTQ.View code on GitHubKinetiq Launch - Buyback share (default 70%) of the performance fee.View code on GitHub

Perp Volume: Notional volume of all trades including leverage on the perp exchange

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Competitors

Kinetiq kHYPE ($777.69m)stHYPE ($152.22m)Kinetiq kmHYPE ($32.63m)Hyperbeat LST ($8.92m)Kinetiq Launch ($2.6m)Kintsu ($2.11m)SpinUp Liquid Staking ($178,736.12)Stratium HYPE Staking ($2,808.83)

Frequently Asked Questions

What is Kinetiq?

Kinetiq is a non-custodial liquid staking protocol that allows users to stake HYPE tokens on Hyperliquid L1 and receive kHYPE, a yield-bearing representation of staked HYPE that is usable in DeFi.

What is Kinetiq's TVL?

Kinetiq currently has $851.43m in total value locked. TVL has decreased 24.1% over the past 30 days.

What chains does Kinetiq operate on?

Kinetiq operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.

How much has Kinetiq generated in fees and revenue?

Over the past 30 days, Kinetiq generated $1.66m in fees. Of that, $215,756.03 was protocol revenue. Based on the trailing year, the annualized rate is $33.41m in fees and $4.7m in revenue.

What is the KNTQ token price and valuation?

KNTQ is currently trading at $0.098. Its circulating market capitalization is $27.44m, ranking it #857. Its fully diluted valuation is $97.83m. Supply currently stands at 280.48m circulating, 1b total supply, 1b maximum supply.

How has KNTQ performed recently?

KNTQ is up 7.8% over the past 7 days and down 35.3% over the past 30 days. Its all-time high is $0.38, reached on Jun 2, 2026. The token is currently 74% below that level.

Which protocols are included in Kinetiq?

Kinetiq is a parent protocol whose tracked products include Kinetiq kHYPE, Kinetiq Earn, Kinetiq kmHYPE, Kinetiq Launch, and Kinetiq Markets.

How much perpetual futures volume does Kinetiq process?

Kinetiq processed $212.73m in perpetual futures volume over the past 30 days.

Does Kinetiq have a treasury?

Kinetiq has a tracked treasury currently valued at $56,383.16. Its holdings include $4,685.91 in its own tokens, $51,697.25 in other assets.