Ask about Kinetiq

Logo of KinetiqKinetiq(KNTQ)

Total Value Locked$1.049b

TVL by Chain

Hyperliquid L1$1.049b

Key Metrics

Fees 30d$2.06m
Fees 30d by chain

Hyperliquid L1$2.07m

Fees 7d$474,286

Hyperliquid L1$474,286

Fees 24h$61,154

Hyperliquid L1$61,154

Cumulative Fees$39.16m

Hyperliquid L1$39.17m

Revenue 30d$387,753
Revenue 30d by chain

Hyperliquid L1$387,753

Revenue 7d$58,695

Hyperliquid L1$58,695

Revenue 24h$7,226

Hyperliquid L1$7,226

Cumulative Revenue$5.13m

Hyperliquid L1$5.13m

Holders Revenue 30d$141,696
Holders Revenue 30d by chain

Hyperliquid L1$141,696

Holders Revenue 7d$32,975

Hyperliquid L1$32,975

Holders Revenue 24h$4,312

Hyperliquid L1$4,312

Cumulative Holders Revenue$790,896

Hyperliquid L1$790,896

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$4.09m

$387,753

$58,695

$7,226

$5.13m

DEX Volume 30d$416,124
DEX Volume 30d by chain

Hyperliquid L1$416,124

DEX Volume 7d$42,748

Hyperliquid L1$42,748

DEX Volume 24h$2,455

Hyperliquid L1$2,455

Cumulative DEX Volume$3.16m

Hyperliquid L1$3.16m

Perp Volume 30d$654.27m
Perp Volume 30d by chain

Hyperliquid L1$654.27m

Perp Volume 7d$30.9m

Hyperliquid L1$30.9m

Perp Volume 24h$4.77m

Hyperliquid L1$4.77m

Cumulative Perp Volume$6.243b

Hyperliquid L1$6.243b

$11.33m

Market Cap$82.62m

$KNTQ Price$0.29

All Time High$0.45

All Time Low$0.036

View $KNTQ token page

$294.56m

$176.74m

$KNTQ Volume 24h$3.23m

CEX Volume$189,288

DEX Volume$3m(92.71% of total)

Staked$21.58m(26.12% of mcap)

Treasury$35,821

$0

Stablecoins$0

Own Tokens$5,919

Others$29,901

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%

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 Hyperliquid perps through the Kinetiq Markets interface.View code on GitHubKinetiq Markets Spot - Builder-code fees paid by users trading Hyperliquid spot 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 on Hyperliquid perps trades, retained entirely by Kinetiq.View code on GitHubKinetiq Markets Spot - Builder-code fees on Hyperliquid spot trades, 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

DEX Volume: Volume of all spot token swaps on the DEX

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 $1.049b in total value locked. TVL has decreased 17% 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 $2.06m in fees. Of that, $387,753 was protocol revenue. Based on the trailing year, the annualized rate is $26.99m in fees and $4.09m in revenue.

What is the KNTQ token price and valuation?

KNTQ is currently trading at $0.29. Its circulating market capitalization is $82.62m, ranking it #458. Its fully diluted valuation is $294.56m. 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 32.1% over the past 30 days. Its all-time high is $0.45, reached on Oct 1, 2026. The token is currently 34.9% 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 4 others.

How much trading volume does Kinetiq process?

Kinetiq processed $416,124 in DEX volume over the past 30 days.

Does Kinetiq have a treasury?

Kinetiq has a tracked treasury currently valued at $35,821. Its holdings include $5,919 in its own tokens, $29,901 in other assets.