Ask about Kinetiq
Logo of KinetiqKinetiq(KNTQ)
Total Value Locked$915.62m

TVL by Chain

Hyperliquid L1$915.62m

Key Metrics

Fees (Annualized)$33.44m
Fees 30d$1.84m

Hyperliquid L1$1.84m

Fees 7d$394,734

Hyperliquid L1$394,734

Fees 24h$55,400

Hyperliquid L1$55,400

Cumulative Fees$33.69m

Hyperliquid L1$33.69m

Revenue (Annualized)$4.61m
Revenue 30d$240,742

Hyperliquid L1$240,742

Revenue 7d$51,856

Hyperliquid L1$51,856

Revenue 24h$6,822

Hyperliquid L1$6,822

Cumulative Revenue$4.61m

Hyperliquid L1$4.61m

Holders Revenue (Annualized)$3.2m
Holders Revenue 30d$116,426

Hyperliquid L1$116,426

Holders Revenue 7d$24,866

Hyperliquid L1$24,866

Holders Revenue 24h$3,518

Hyperliquid L1$3,518

Cumulative Holders Revenue$932,561

Hyperliquid L1$932,561

Perp Volume 30d$142.9m
Perp Volume 30d by chain

Hyperliquid L1$142.9m

Perp Volume 7d$31.69m

Hyperliquid L1$31.69m

Perp Volume 24h$5.97m

Hyperliquid L1$5.97m

Cumulative Perp Volume$4.15b

Hyperliquid L1$4.15b

$4.54m

Market Cap$30.35m

$KNTQ Price$0.11

All Time High$0.38

All Time Low$0.036

View $KNTQ token page

$108.21m

$KNTQ Volume 24h$424,744

CEX Volume$4,680.77

DEX Volume$296,643.27(69.84% of total)

Staked$9.25m(30.47% of mcap)

Treasury$37,654.71

$0

Stablecoins$0

Own Tokens$3,275.66

Others$34,379.05

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 APY0.99%

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 ($843.62m)stHYPE ($173.15m)Kinetiq kmHYPE ($35.9m)Hyperbeat LST ($9.46m)Kinetiq Launch ($3.13m)Kintsu ($2.36m)SpinUp Liquid Staking ($193,545.13)Stratium HYPE Staking ($3,407.48)

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 $915.62m in total value locked. TVL has decreased 11.2% 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 $1.84m in fees. Of that, $240,742 was protocol revenue. Based on the trailing year, the annualized rate is $33.44m in fees and $4.61m in revenue.

What is the KNTQ token price and valuation?

KNTQ is currently trading at $0.11. Its circulating market capitalization is $30.35m, ranking it #798. Its fully diluted valuation is $108.21m. Supply currently stands at 280.48m circulating, 1b total supply, 1b maximum supply.

How has KNTQ performed recently?

KNTQ is down 5.9% over the past 7 days and down 30.3% over the past 30 days. Its all-time high is $0.38, reached on Jun 2, 2026. The token is currently 71.3% 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 $142.9m in perpetual futures volume over the past 30 days.

Does Kinetiq have a treasury?

Kinetiq has a tracked treasury currently valued at $37,654.71. Its holdings include $3,275.66 in its own tokens, $34,379.05 in other assets.