Ask about Kinetiq

Logo of KinetiqKinetiq(KNTQ)

Total Value Locked$1.15b

TVL by Chain

Hyperliquid L1$1.15b

Key Metrics

Fees 30d$2.12m
Fees 30d by chain

Hyperliquid L1$2.13m

Fees 7d$490,315

Hyperliquid L1$490,315

Fees 24h$66,953

Hyperliquid L1$66,953

Cumulative Fees$38.64m

Hyperliquid L1$38.65m

Revenue 30d$407,810
Revenue 30d by chain

Hyperliquid L1$407,810

Revenue 7d$81,688

Hyperliquid L1$81,688

Revenue 24h$7,939

Hyperliquid L1$7,939

Cumulative Revenue$5.06m

Hyperliquid L1$5.06m

Holders Revenue 30d$145,275
Holders Revenue 30d by chain

Hyperliquid L1$145,275

Holders Revenue 7d$33,788

Hyperliquid L1$33,788

Holders Revenue 24h$4,424

Hyperliquid L1$4,424

Cumulative Holders Revenue$1.29m

Hyperliquid L1$1.29m

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$4.24m

$407,810

$81,688

$7,939

$5.06m

Perp Volume 30d$678.52m
Perp Volume 30d by chain

Hyperliquid L1$678.52m

Perp Volume 7d$129.52m

Hyperliquid L1$129.52m

Perp Volume 24h$7.48m

Hyperliquid L1$7.48m

Cumulative Perp Volume$5.968b

Hyperliquid L1$5.968b

$8.1m

Market Cap$84.31m

$KNTQ Price$0.30

All Time High$0.45

All Time Low$0.036

View $KNTQ token page

$300.61m

$180.37m

$KNTQ Volume 24h$4.84m

CEX Volume$426,473

DEX Volume$4.34m(89.76% of total)

Staked$22.51m(26.7% of mcap)

Treasury$22,915

$0

Stablecoins$0

Own Tokens$4,765

Others$18,150

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 APY0.93%

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 $1.15b in total value locked. TVL has decreased 7.1% 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 $2.12m in fees. Of that, $407,810 was protocol revenue. Based on the trailing year, the annualized rate is $27.92m in fees and $4.24m in revenue.

What is the KNTQ token price and valuation?

KNTQ is currently trading at $0.30. Its circulating market capitalization is $84.31m, ranking it #454. Its fully diluted valuation is $300.61m. Supply currently stands at 280.48m circulating, 1b total supply, 1b maximum supply.

How has KNTQ performed recently?

KNTQ is down 6.1% over the past 7 days and up 59.7% over the past 30 days. Its all-time high is $0.45, reached on Oct 1, 2026. The token is currently 33.5% 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 $678.52m in perpetual futures volume over the past 30 days.

Does Kinetiq have a treasury?

Kinetiq has a tracked treasury currently valued at $22,915. Its holdings include $4,765 in its own tokens, $18,150 in other assets.