Ask about Kinetiq

Logo of KinetiqKinetiq(KNTQ)

Total Value Locked$1.113b

TVL by Chain

Hyperliquid L1$1.113b

Key Metrics

Fees 30d$2.07m
Fees 30d by chain

Hyperliquid L1$2.08m

Fees 7d$559,036

Hyperliquid L1$559,036

Fees 24h$65,733

Hyperliquid L1$65,733

Cumulative Fees$38.99m

Hyperliquid L1$39m

Revenue 30d$388,801
Revenue 30d by chain

Hyperliquid L1$388,801

Revenue 7d$72,775

Hyperliquid L1$72,775

Revenue 24h$8,295

Hyperliquid L1$8,295

Cumulative Revenue$5.1m

Hyperliquid L1$5.1m

Holders Revenue 30d$143,104
Holders Revenue 30d by chain

Hyperliquid L1$143,104

Holders Revenue 7d$37,872

Hyperliquid L1$37,872

Holders Revenue 24h$4,600

Hyperliquid L1$4,600

Cumulative Holders Revenue$782,346

Hyperliquid L1$782,346

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$4.11m

$388,801

$72,775

$8,295

$5.1m

Perp Volume 30d$628.7m
Perp Volume 30d by chain

Hyperliquid L1$628.7m

Perp Volume 7d$38.4m

Hyperliquid L1$38.4m

Perp Volume 24h$4.18m

Hyperliquid L1$4.18m

Cumulative Perp Volume$5.983b

Hyperliquid L1$5.983b

$9.78m

Market Cap$88.33m

$KNTQ Price$0.31

All Time High$0.45

All Time Low$0.036

View $KNTQ token page

$314.91m

$188.95m

$KNTQ Volume 24h$3.54m

CEX Volume$261,970

DEX Volume$3.28m(92.56% of total)

Staked$23.93m(27.09% of mcap)

Treasury$29,934

$0

Stablecoins$0

Own Tokens$5,603

Others$24,330

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.

WebsiteX/Twitter
Categories:Liquid StakingYield AggregatorInterfaceServices
Products:

Yields

Pools Tracked2

Average Supply APY0.95%

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 Kinetiq's HIP-3 markets on Hyperliquid.View code on GitHubKinetiq Launch - Gross validator staking rewards generated by Kinetiq Launch LSTs.View code on GitHubKinetiq Validators - Commission charged by the validators kHYPE delegates to, on the staking rewards they produce for kHYPE.View code on GitHubKinetiq KNTQ - Trading fees paid in KNTQ on Hyperliquid spot, which is the side of a KNTQ trade the HIP-1 deployer's share applies to.View code on GitHubKinetiq Markets Perps - Builder-code fees paid by users trading on Hyperliquid through the Kinetiq Markets interface.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 - 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 GitHubKinetiq Validators - The half of that commission Kinetiq invoices back to each validator operator (invoice_rate_bps, 5000 to date).View code on GitHubKinetiq KNTQ - All of the trading fees paid in KNTQ on Hyperliquid spot. deployerTradingFeeShare on KNTQ is 1.0, so the deployer keeps the whole KNTQ-denominated fee.View code on GitHubKinetiq Markets Perps - Builder-code fees, retained entirely by 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 GitHubKinetiq Validators - 70% of the invoiced amount, used to buy back KNTQ for sKNTQ holders from 2026-04-09.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

Frequently Asked Questions

What is Kinetiq's TVL?

Kinetiq currently has $1.113b in total value locked. TVL has decreased 14.2% 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 $2.07m in fees. Of that, $388,801 was protocol revenue. Based on the trailing year, the annualized rate is $27.24m in fees and $4.11m in revenue.

What is the KNTQ token price and valuation?

KNTQ is currently trading at $0.31. Its circulating market capitalization is $88.33m, ranking it #438. Its fully diluted valuation is $314.91m. Supply currently stands at 280.48m circulating, 1b total supply, 1b maximum supply.

How has KNTQ performed recently?

KNTQ is up 7.3% over the past 7 days and up 35.7% over the past 30 days. Its all-time high is $0.45, reached on Oct 1, 2026. The token is currently 30.4% below that level.

Which protocols are included in Kinetiq?

Kinetiq is a parent protocol whose tracked products include Kinetiq kHYPE, Kinetiq kmHYPE, Kinetiq Earn, Kinetiq Launch, and Kinetiq Markets and 3 others.

How much perpetual futures volume does Kinetiq process?

Kinetiq processed $628.7m in perpetual futures volume over the past 30 days.

Does Kinetiq have a treasury?

Kinetiq has a tracked treasury currently valued at $29,934. Its holdings include $5,603 in its own tokens, $24,330 in other assets.