Ask about Kinetiq · freeTotal Value Locked$933.91m
TVL by Chain
Hyperliquid L1$933.91m
Key Metrics
Fees 30d$1.83m
Fees 30d by chain
Hyperliquid L1$1.83m
Fees 7d$368,240
Hyperliquid L1$368,240
Fees 24h$51,269
Hyperliquid L1$51,269
Cumulative Fees$40.17m
Hyperliquid L1$40.17m
Revenue 30d$252,133
Revenue 30d by chain
Hyperliquid L1$252,133
Revenue 7d$47,254
Hyperliquid L1$47,254
Revenue 24h$6,310
Hyperliquid L1$6,310
Cumulative Revenue$5.27m
Hyperliquid L1$5.27m
Holders Revenue 30d$126,006
Holders Revenue 30d by chain
Hyperliquid L1$126,006
Holders Revenue 7d$25,587
Hyperliquid L1$25,587
Holders Revenue 24h$3,609
Hyperliquid L1$3,609
Cumulative Holders Revenue$860,502
Hyperliquid L1$860,502
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$3.49m
Earnings 30d$252,133
Earnings 7d$47,254
Earnings 24h$6,310
Cumulative Earnings$5.27m
DEX Volume 30d$224,578
DEX Volume 30d by chain
Hyperliquid L1$224,578
DEX Volume 7d$31,799
Hyperliquid L1$31,799
DEX Volume 24h$299
Hyperliquid L1$299
Cumulative DEX Volume$3.22m
Hyperliquid L1$3.22m
Perp Volume 30d$229.54m
Perp Volume 30d by chain
Hyperliquid L1$229.54m
Perp Volume 7d$26.8m
Hyperliquid L1$26.8m
Perp Volume 24h$1.91m
Hyperliquid L1$1.91m
Cumulative Perp Volume$6.329b
Hyperliquid L1$6.329b
Open Interest$8.62m
Market Cap$139.59m
$KNTQ Price$0.44
Fully Diluted Valuation$441.86m
Outstanding FDV$265.18m
$KNTQ Volume 24h$3.84m
CEX Volume$223,972
DEX Volume$3.73m(97.08% of total)
Staked$29.45m(21.1% of mcap)
Treasury$9.28m
Majors$0
Stablecoins$9.21m
Own Tokens$13,308
Others$60,652
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.
- Kinetiq kHYPELiquid Staking
- Kinetiq kmHYPELiquid Staking
- Kinetiq EarnYield Aggregator
- Kinetiq LaunchLiquid Staking
- Kinetiq MarketsInterface
- Kinetiq ValidatorsLiquid Staking
- Kinetiq KNTQServices
- Kinetiq Markets PerpsInterface
- Kinetiq Markets SpotInterface
Yields
Pools Tracked2
Average Supply APY0.96%
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
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
Kinetiq history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Jul 17, 2025 to Oct 28, 2026.
All-time high TVL: $2.653b on Oct 4, 2025. All-time low TVL: $458.11m on Jul 17, 2025.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $1.184b |
| Sep 30, 2026 | $1.147b |
| Oct 1, 2026 | $1.192b |
| Oct 2, 2026 | $1.147b |
| Oct 3, 2026 | $1.149b |
| Oct 4, 2026 | $1.114b |
| Oct 5, 2026 | $1.119b |
| Oct 6, 2026 | $1.157b |
| Oct 7, 2026 | $1.126b |
| Oct 8, 2026 | $1.08b |
| Oct 9, 2026 | $1.031b |
| Oct 10, 2026 | $1.011b |
| Oct 11, 2026 | $1.024b |
| Oct 12, 2026 | $1.03b |
| Oct 13, 2026 | $956.86m |
| Oct 14, 2026 | $965m |
| Oct 15, 2026 | $955.75m |
| Oct 16, 2026 | $967.5m |
| Oct 17, 2026 | $945.25m |
| Oct 18, 2026 | $927.08m |
| Oct 19, 2026 | $929.03m |
| Oct 20, 2026 | $915.87m |
| Oct 21, 2026 | $936.6m |
| Oct 22, 2026 | $938.28m |
| Oct 23, 2026 | $903.51m |
| Oct 24, 2026 | $883.83m |
| Oct 25, 2026 | $886.08m |
| Oct 26, 2026 | $887.37m |
| Oct 27, 2026 | $905.24m |
| Oct 28, 2026 | $941.71m |
TVL at each month end, Jul 2025 to Oct 2026
| Date | TVL |
|---|---|
| Jul 31, 2025 | $754.72m |
| Aug 31, 2025 | $1.599b |
| Sep 30, 2025 | $1.629b |
| Oct 31, 2025 | $2.07b |
| Nov 30, 2025 | $1.113b |
| Dec 31, 2025 | $707.45m |
| Jan 31, 2026 | $804.23m |
| Feb 28, 2026 | $686.31m |
| Mar 31, 2026 | $819.11m |
| Apr 30, 2026 | $833.16m |
| May 31, 2026 | $1.228b |
| Jun 30, 2026 | $1.073b |
| Jul 31, 2026 | $879.92m |
| Aug 31, 2026 | $1.222b |
| Sep 30, 2026 | $1.147b |
| Oct 28, 2026 (latest) | $941.71m |
Fees, revenue and holders revenue by UTC calendar month, Jul 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Jul 2025 | $561,450 | $1,757 | $0 |
| Aug 2025 | $3.37m | $137,705 | $0 |
| Sep 2025 | $6.31m | $604,899 | $0 |
| Oct 2025 | $6.33m | $1.21m | $0 |
| Nov 2025 | $3.71m | $639,124 | $0 |
| Dec 2025 | $1.74m | $259,722 | $0 |
| Jan 2026 | $1.43m | $86,934 | $0 |
| Feb 2026 | $1.51m | $112,997 | $0 |
| Mar 2026 | $1.83m | $152,314 | $0 |
| Apr 2026 | $1.63m | $200,377 | $80,820 |
| May 2026 | $1.9m | $274,535 | $124,244 |
| Jun 2026 | $2.11m | $310,171 | $140,376 |
| Jul 2026 | $1.92m | $294,272 | $125,939 |
| Aug 2026 | $2.05m | $349,508 | $131,399 |
| Sep 2026 | $2.14m | $424,217 | $145,979 |
| Oct 2026 (to date) | $1.67m | $215,985 | $115,523 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/kinetiq
Frequently asked questions
What is Kinetiq's TVL?
As of Oct 28, 2026, Kinetiq has $933.91m in total value locked. TVL has decreased 24.9% 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 $1.83m in fees. Of that, $252,133 was protocol revenue. Based on the trailing year, the annualized rate is $24.4m in fees and $3.49m in revenue.
What is the KNTQ token price and valuation?
KNTQ is currently trading at $0.44. Its circulating market capitalization is $139.59m, ranking it #327. Its fully diluted valuation is $441.86m. Supply currently stands at 315.92m circulating, 1b total supply, 1b maximum supply.
How has KNTQ performed recently?
KNTQ is up 20.2% over the past 7 days and up 31.4% over the past 30 days. Its all-time high is $0.45, reached on Oct 1, 2026. The token is currently 2.3% 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 $224,578 in DEX volume over the past 30 days.
Does Kinetiq have a treasury?
Kinetiq has a tracked treasury currently valued at $9.28m. Its holdings include $9.21m in stablecoins, $13,308 in its own tokens, $60,652 in other assets.