Ask about Kinetiq
Logo of KinetiqKinetiq(KNTQ)
Total Value Locked$923.15m

TVL by Chain

Hyperliquid L1$923.15m

Key Metrics

Fees (Annualized)$33.49m
Fees 30d$1.83m

Hyperliquid L1$1.83m

Fees 7d$391,332

Hyperliquid L1$391,332

Fees 24h$55,104

Hyperliquid L1$55,104

Cumulative Fees$33.8m

Hyperliquid L1$33.8m

Revenue (Annualized)$4.62m
Revenue 30d$238,694

Hyperliquid L1$238,694

Revenue 7d$49,775

Hyperliquid L1$49,775

Revenue 24h$6,202

Hyperliquid L1$6,202

Cumulative Revenue$4.63m

Hyperliquid L1$4.63m

Holders Revenue (Annualized)$3.16m
Holders Revenue 30d$115,472

Hyperliquid L1$115,472

Holders Revenue 7d$24,734

Hyperliquid L1$24,734

Holders Revenue 24h$3,391

Hyperliquid L1$3,391

Cumulative Holders Revenue$939,344

Hyperliquid L1$939,344

Perp Volume 30d$150.85m
Perp Volume 30d by chain

Hyperliquid L1$150.85m

Perp Volume 7d$38.94m

Hyperliquid L1$38.94m

Perp Volume 24h$7.54m

Hyperliquid L1$7.54m

Cumulative Perp Volume$4.167b

Hyperliquid L1$4.167b

$3.98m

Market Cap$33.46m

$KNTQ Price$0.12

All Time High$0.38

All Time Low$0.036

View $KNTQ token page

$119.3m

$KNTQ Volume 24h$474,250

CEX Volume$8,129.67

DEX Volume$469,212.47(98.94% of total)

Staked$10.14m(30.29% of mcap)

Treasury$39,342.34

$0

Stablecoins$0

Own Tokens$3,346.76

Others$35,995.58

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 APY2.8%

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 ($842.99m)stHYPE ($173.13m)Kinetiq kmHYPE ($35.88m)Hyperbeat LST ($9.52m)Kinetiq Launch ($2.8m)Kintsu ($2.29m)SpinUp Liquid Staking ($192,486.35)Stratium HYPE Staking ($3,370.14)

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 $923.15m in total value locked. TVL has decreased 11.6% 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 $1.83m in fees. Of that, $238,694 was protocol revenue. Based on the trailing year, the annualized rate is $33.49m in fees and $4.62m in revenue.

What is the KNTQ token price and valuation?

KNTQ is currently trading at $0.12. Its circulating market capitalization is $33.46m, ranking it #746. Its fully diluted valuation is $119.3m. Supply currently stands at 280.48m circulating, 1b total supply, 1b maximum supply.

How has KNTQ performed recently?

KNTQ is up 6.3% over the past 7 days and down 25.6% over the past 30 days. Its all-time high is $0.38, reached on Jun 2, 2026. The token is currently 68.3% 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 $150.85m in perpetual futures volume over the past 30 days.

Does Kinetiq have a treasury?

Kinetiq has a tracked treasury currently valued at $39,342.34. Its holdings include $3,346.76 in its own tokens, $35,995.58 in other assets.