Kinetiq

Kinetiq transforms locked HYPE into liquid, yield-bearing kHYPE tokens while maintaining full staking rewards and DeFi composability.

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The Core Product

kHYPE Liquid Staking Token Stake HYPE, receive kHYPE - a liquid token that grows in value automatically while unlocking DeFi opportunities.

  • Same staking APY: ~2.2% base yield

  • Auto-compounding: kHYPE value increases automatically, no claiming needed

  • Instant liquidity: Trade or use kHYPE across Hyperliquid DeFi immediately

  • Automated delegation: StakeHub selects top-performing validators automatically

Key difference from native staking:

Staking Tiers Impact Analysis

Important consideration: Liquid staking means you forfeit HyperCore trading fee discounts. Here's the breakeven analysis:

Tier Level
HYPE Staked
Value ($)
Break-even APR 5k$/month
Break-even APR 20k$/month
Break-even APR 100k$/month

Wood

10

500

1.80%

7.20%

36.00%

Bronze

100

5,000

0.36%

1.44%

7.20%

Silver

1,000

50,000

0.05%

0.22%

1.08%

Gold

10,000

500,000

0.01%

0.03%

0.14%

Platinum

100,000

5,000,000

0.001%

0.004%

0.022%

Diamond

500,000

25,000,000

0.0003%

0.001%

0.006%

Formula: Break-even APR = (Monthly_volume × 0.003 × Tier_discount × 12) / Staked_value × 100

Bottom line: For small accounts with moderate trading activity, liquid staking isn't necessarily optimal from a pure APY perspective.

Note: This analysis doesn't include Staking Referral Program rewards, which can be substantial additional income lost when using liquid staking.

How to Use kHYPE

Getting Started: • Minimum stake: 5 HYPE • Transfer HYPE from HyperCore to HyperEVM via Portfolio → "Transfer to EVM" • Stake through Kinetiq dApp to receive kHYPE

Unstaking Options:

  • Direct unstaking: 7-day waiting period + 0.10% fee (avoid if possible)

  • Instant trading: Swap kHYPE on liquid markets - recommended method (captures all auto-compounded rewards without fees)

  • 24-hour delay: New stakes have 24h withdrawal restriction

Available Trading Venues:Laminar (EVM): kHYPE/HYPE pairs • Curve (EVM): kHYPE/HYPE stable pools • kHYPE AMM by Valantis: Native HYPE pairs • Project X (EVM): kHYPE/HYPE trading • HyperCore: Coming soon

DeFi Integration & Yield Stacking

kHYPE Composability:Collateral: Use in Felix (feUSD), HypurrFi (USDXL), Hyperlend • Liquidity pools: Pair with HYPE, USDC on various DEXs • Automated strategies: Veda's kHYPE Earn vault

Kinetiq Earn Vault (by Veda):

  • Managed by Seven Seas: >$3.7B TVL track record

  • Auto-yield optimization: Curve LP, leveraged staking, protocol farming

  • Fees: 2% annual platform fee (pro-rated), no performance/entry/exit fees

  • Risk-adjusted: Vetted protocols, audit reviews, diversified strategies

StakeHub: Automated Validator Selection

How StakeHub works:

  • Real-time scoring: Validators rated 0-100 based on performance

  • Automatic rebalancing: Stake flows to top-performing validators

  • Five scoring factors: Reliability, Security, Economics, Governance, Longevity

  • On-chain oracle: Transparent, verifiable validator data

Benefits for users: • No manual validator research or monitoring • Continuous optimization for best returns • Reduced risk from underperforming validators • Full transparency via on-chain data

Security & Considerations

Audits completed: Spearbit, Zenith, Pashov Audit Group, Code4rena competition

Key risks to understand:Smart contract risk: Despite multiple audits, vulnerabilities possible • kHYPE price risk: May trade below intrinsic value during high withdrawal periods • Slashing risk: Currently none on Hyperliquid, but may be introduced • Opportunity cost: Missing HyperCore staking tier benefits

Vault-specific risks (Earn):Impermanent loss: From liquidity provisioning strategies • Liquidation risk: From leveraged positions • Protocol risk: Smart contract vulnerabilities in underlying DeFi protocols

kPoints Rewards Program

Current system:

  • Launch date: July 15, 2025

  • Distribution: 800,000 kPoints weekly (snapshots Tuesday, distributed Thursday)

  • Earning activities: Staking, vault participation, ecosystem usage

  • Future utility: Expected fee rebates, governance, exclusive access

Institutional Product: iHYPE

Coming soon: Institutional-grade liquid staking solution • Partners: IMC Trading, Flowdesk, qualified custodians • Compliance focus: Enterprise-grade access with regulatory clarity • Audit pipeline: Security reviews and operational integrations underway - Source

The Bottom Line

Kinetiq creates value through:

  • Liquid staking: Maintain DeFi flexibility while earning staking rewards

  • Automated optimization: StakeHub handles validator selection and rebalancing

  • Yield stacking: Combine staking rewards with DeFi opportunities

  • Network benefits: Improved decentralization through automated delegation

In conclusion: Liquid staking benefits most users, but understanding the trade-offs is essential. Evaluate your trading patterns and DeFi strategy before switching.

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