Ask about Kinetiq
Logo of KinetiqKinetiq(KNTQ)
Total Value Locked$1.142b

TVL by Chain

Hyperliquid L1$1.142b

Key Metrics

Fees 30d$2.24m
Fees 30d by chain

Hyperliquid L1$2.24m

Fees 7d$499,293

Hyperliquid L1$499,293

Fees 24h$72,505

Hyperliquid L1$72,505

Cumulative Fees$37.47m

Hyperliquid L1$37.47m

Revenue 30d$346,495.36
Revenue 30d by chain

Hyperliquid L1$346,495.36

Revenue 7d$86,640.01

Hyperliquid L1$86,640.01

Revenue 24h$12,347

Hyperliquid L1$12,347

Cumulative Revenue$5.29m

Hyperliquid L1$5.29m

Holders Revenue 30d$149,419.24
Holders Revenue 30d by chain

Hyperliquid L1$149,419.24

Holders Revenue 7d$32,098.01

Hyperliquid L1$32,098.01

Holders Revenue 24h$4,429

Hyperliquid L1$4,429

Cumulative Holders Revenue$1.21m

Hyperliquid L1$1.21m

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$4.87m

$346,495.36

$86,640.01

$12,347

$5.29m

Perp Volume 30d$443.5m
Perp Volume 30d by chain

Hyperliquid L1$443.5m

Perp Volume 7d$130.73m

Hyperliquid L1$130.73m

Perp Volume 24h$17.34m

Hyperliquid L1$17.34m

Cumulative Perp Volume$4.804b

Hyperliquid L1$4.804b

$6.72m

Market Cap$56.22m

$KNTQ Price$0.2

All Time High$0.38

All Time Low$0.036

View $KNTQ token page

$200.44m

$120.26m

$KNTQ Volume 24h$1.03m

CEX Volume$21,521.26

DEX Volume$1.02m(98.95% of total)

Staked$18.54m(32.97% of mcap)

Treasury$173,386.68

$0

Stablecoins$0

Own Tokens$20,362.33

Others$153,024.35

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 APY0.94%

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 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 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 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 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 $1.142b in total value locked. TVL has increased 22.6% 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 $2.24m in fees. Of that, $346,495.36 was protocol revenue. Based on the trailing year, the annualized rate is $30.26m in fees and $4.87m in revenue.

What is the KNTQ token price and valuation?

KNTQ is currently trading at $0.2. Its circulating market capitalization is $56.22m, ranking it #559. Its fully diluted valuation is $200.44m. Supply currently stands at 280.48m circulating, 1b total supply, 1b maximum supply.

How has KNTQ performed recently?

KNTQ is down 6.2% over the past 7 days and up 57.1% over the past 30 days. Its all-time high is $0.38, reached on Jun 2, 2026. The token is currently 46.8% 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 and 2 others.

How much perpetual futures volume does Kinetiq process?

Kinetiq processed $443.5m in perpetual futures volume over the past 30 days.

Does Kinetiq have a treasury?

Kinetiq has a tracked treasury currently valued at $173,386.68. Its holdings include $20,362.33 in its own tokens, $153,024.35 in other assets.