Kinetiq

Liquid staking and on-chain perpetual markets, built natively for the Hyperliquid network.

Mission

The team behind Kinetiq set out to solve one specific problem: HYPE holders had no good way to earn staking rewards without giving up liquidity. That gap matters. Locking tokens to secure a network is fine in theory, but in practice it means you can't trade, collateralize, or put capital to work somewhere else.

Kinetiq changes that equation. By issuing kHYPE — a liquid receipt token — the protocol lets you participate in Hyperliquid validator consensus and collect rewards, all while your position stays transferable and composable with other protocols. The mission is straightforward: make staking frictionless, keep it non-custodial, and never sacrifice yield for the sake of liquidity.

Beyond staking, Kinetiq operates a 24/7 perpetual futures platform covering equities, indices, currencies, and commodities. Both products share the same infrastructure and the same security-first culture.

Technology

kHYPE Token

kHYPE is minted one-to-one when you stake HYPE. Its exchange rate against HYPE increases over time as validator rewards accumulate. There is no rebasing — the token supply stays fixed per deposit, and the value appreciation is captured in the rate itself. This design keeps integrations with lending markets, yield optimizers like Veda, and options protocols like Rysk predictable.

Validator Scoring

Kinetiq's autonomous scoring engine monitors every validator on the Hyperliquid network in real time — block production rate, uptime, and commission history all feed into the score. Stake is shifted automatically toward the best performers. No manual intervention, no governance vote required for routine rebalancing. The result is a portfolio of validators rather than a single point of failure.

Smart Contract Architecture

The core contracts follow patterns popularized by OpenZeppelin: access control separation, upgradeable proxy patterns with time-locked admin functions, and emergency pause mechanisms. Eight independent audits have been completed — by Spearbit, Pashov Audit Group, code4rena, Cantina, Groomlake, and others. A $1M bug bounty program on Cantina runs continuously.

Markets Infrastructure

The perpetual futures product runs on Hyperliquid's own order matching engine, which means settlement happens on-chain with sub-second finality. Positions are margined in USDC. kHYPE is accepted as collateral on several partner platforms, letting you earn staking yield while maintaining an open futures position at the same time.

Our Approach

Security is not treated as a feature — it's a baseline. Every protocol change goes through internal review before an external audit is commissioned. The $1M bug bounty is the largest on Hyperliquid, and it's not a marketing line. The team genuinely wants researchers to find problems before users do.

Composability is the other core design principle. Kinetiq's protocol is intentionally open: kHYPE conforms to standard token interfaces so that projects like Pendle, HyperLend, Felix, and Native Markets can integrate without custom work on their side. The support page covers how each integration works in practice.

On the institutional side, iHYPE offers a separate product track with custodian-compatible rails, configurable compliance parameters, and direct settlement options for regulated entities. It's the same staking rewards, packaged for a different type of participant.

Governance is minimal by design. The KNTQ token gives holders a voice in major protocol decisions, but the day-to-day validator scoring and fee collection run autonomously. Fewer governance touchpoints means fewer attack vectors.

Integrations & Partners

Kinetiq does not operate in isolation. The protocol's value grows when kHYPE appears in more places — and today it does: Veda handles automated yield strategies on top of kHYPE positions, Pendle allows you to split and trade the yield component separately, and HyperLend accepts kHYPE as loan collateral. Felix, PRJX, Native Markets, Rysk, Treehouse, and Liminal all have live integrations.

On the security side, Anchorage By Figment and Nansen x HypurrCollective are among the professional validators selected by Kinetiq's scoring system. These are established operators, not anonymous node runners.

The Kinetiq platform publishes its contract addresses and all audit reports publicly. If you want to verify the code yourself, everything is available on GitHub. Third-party monitoring via the Secure Staking Alliance provides an independent check on protocol health. See the homepage for live TVL and APY figures updated in real time.

Team & Transparency

Kinetiq is run by Kinetiq Research, founded in 2024. The team came from backgrounds in protocol engineering, financial infrastructure, and applied cryptography. They chose Hyperliquid specifically because of its on-chain order book model and the absence of off-chain matching intermediaries — properties that matter when you're building staking infrastructure that needs to stay trustless.

A public security disclosure policy lives at /well-known/security.txt. Uptime is tracked at a dedicated status page. The team does not make promises about future token prices or returns — the APY figures shown are derived from observed validator rewards, not projections.

Want to dig deeper or have a specific question? The support page has detailed answers covering staking mechanics, unstaking windows, fee structures, and more.

Security Numbers

8

Independent security audits completed by leading firms

$1M

Bug bounty — the largest active program on Hyperliquid

$1.1B+

Total value locked across Kinetiq's staking and markets products