Ask about Kinetiq

Logo of KinetiqKinetiq(KNTQ)

Total Value Locked$1.264b

TVL by Chain

Hyperliquid L1$1.264b

Key Metrics

Fees 30d$2.16m
Fees 30d by chain

Hyperliquid L1$2.16m

Fees 7d$387,502

Hyperliquid L1$396,071

Fees 24h$64,380

Hyperliquid L1$64,380

Cumulative Fees$38.03m

Hyperliquid L1$38.04m

Revenue 30d$385,504.01
Revenue 30d by chain

Hyperliquid L1$385,504.01

Revenue 7d$104,765.68

Hyperliquid L1$104,765.68

Revenue 24h$15,473

Hyperliquid L1$15,473

Cumulative Revenue$5.42m

Hyperliquid L1$5.42m

Holders Revenue 30d$148,688.4
Holders Revenue 30d by chain

Hyperliquid L1$148,688.4

Holders Revenue 7d$31,326.18

Hyperliquid L1$31,326.18

Holders Revenue 24h$4,697

Hyperliquid L1$4,697

Cumulative Holders Revenue$1.26m

Hyperliquid L1$1.26m

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$4.79m

$385,504.01

$104,765.68

$15,473

$5.42m

Perp Volume 30d$587.94m
Perp Volume 30d by chain

Hyperliquid L1$587.94m

Perp Volume 7d$211.66m

Hyperliquid L1$211.66m

Perp Volume 24h$40.08m

Hyperliquid L1$40.08m

Cumulative Perp Volume$5.065b

Hyperliquid L1$5.065b

$7.36m

Market Cap$89.06m

$KNTQ Price$0.32

All Time High$0.38

All Time Low$0.036

View $KNTQ token page

$317.53m

$190.52m

$KNTQ Volume 24h$995,458

CEX Volume$34,713.02

DEX Volume$935,379.2(93.96% of total)

Staked$28.2m(31.67% of mcap)

Treasury$2,173.84

$0

Stablecoins$0

Own Tokens$30.28

Others$2,143.56

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 APY1.06%

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 $1.264b in total value locked. TVL has decreased 0.9% 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 $2.16m in fees. Of that, $385,504.01 was protocol revenue. Based on the trailing year, the annualized rate is $28.74m in fees and $4.79m in revenue.

What is the KNTQ token price and valuation?

KNTQ is currently trading at $0.32. Its circulating market capitalization is $89.12m, ranking it #438. Its fully diluted valuation is $317.76m. Supply currently stands at 280.48m circulating, 1b total supply, 1b maximum supply.

How has KNTQ performed recently?

KNTQ is up 11.1% over the past 7 days and up 66.1% over the past 30 days. Its all-time high is $0.38, reached on Jun 2, 2026. The token is currently 15.7% 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 $587.94m in perpetual futures volume over the past 30 days.

Does Kinetiq have a treasury?

Kinetiq has a tracked treasury currently valued at $2,173.84. Its holdings include $30.28 in its own tokens, $2,143.56 in other assets.