Ask about Kinetiq
Logo of KinetiqKinetiq(KNTQ)
Total Value Locked$815.31m

TVL by Chain

Hyperliquid L1$815.31m

Key Metrics

Fees (Annualized)$33.44m
Fees 30d$1.74m

Hyperliquid L1$1.74m

Fees 7d$343,885.02

Hyperliquid L1$343,885.02

Fees 24h$50,759.02

Hyperliquid L1$50,759.02

Cumulative Fees$34.14m

Hyperliquid L1$34.14m

Revenue (Annualized)$4.66m
Revenue 30d$227,876.03

Hyperliquid L1$227,876.03

Revenue 7d$45,436.03

Hyperliquid L1$45,436.03

Revenue 24h$6,295

Hyperliquid L1$6,295

Cumulative Revenue$4.67m

Hyperliquid L1$4.67m

Holders Revenue (Annualized)$3.04m
Holders Revenue 30d$109,351.02

Hyperliquid L1$109,351.02

Holders Revenue 7d$21,287.02

Hyperliquid L1$21,287.02

Holders Revenue 24h$3,176

Hyperliquid L1$3,176

Cumulative Holders Revenue$960,406.02

Hyperliquid L1$960,406.02

Perp Volume 30d$174m
Perp Volume 30d by chain

Hyperliquid L1$174m

Perp Volume 7d$61.56m

Hyperliquid L1$61.56m

Perp Volume 24h$4.8m

Hyperliquid L1$4.8m

Cumulative Perp Volume$4.228b

Hyperliquid L1$4.228b

$4.58m

Market Cap$25.46m

$KNTQ Price$0.091

All Time High$0.38

All Time Low$0.036

View $KNTQ token page

$90.78m

$KNTQ Volume 24h$100,504

CEX Volume$2,713.97

DEX Volume$99,837.79(99.34% of total)

Staked$8.02m(31.49% of mcap)

Treasury$47,277.65

$0

Stablecoins$0

Own Tokens$4,457.4

Others$42,820.24

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 APY6.48%

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

Competitors

Kinetiq kHYPE ($744.43m)stHYPE ($145.88m)Kinetiq kmHYPE ($31.67m)Hyperbeat LST ($7.54m)Kinetiq Launch ($2.48m)Kintsu ($2.29m)SpinUp Liquid Staking ($172,022.33)Stratium HYPE Staking ($2,680.05)

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 $815.31m in total value locked. TVL has decreased 24.7% 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 $1.74m in fees. Of that, $227,876.03 was protocol revenue. Based on the trailing year, the annualized rate is $33.44m in fees and $4.66m in revenue.

What is the KNTQ token price and valuation?

KNTQ is currently trading at $0.091. Its circulating market capitalization is $25.46m, ranking it #885. Its fully diluted valuation is $90.78m. Supply currently stands at 280.48m circulating, 1b total supply, 1b maximum supply.

How has KNTQ performed recently?

KNTQ is down 23.9% over the past 7 days and down 43.6% over the past 30 days. Its all-time high is $0.38, reached on Jun 2, 2026. The token is currently 75.9% 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 $174m in perpetual futures volume over the past 30 days.

Does Kinetiq have a treasury?

Kinetiq has a tracked treasury currently valued at $47,277.65. Its holdings include $4,457.4 in its own tokens, $42,820.24 in other assets.