Kinetiq kHYPE

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.

## Overview Kinetiq kHYPE is a non-custodial liquid staking protocol built on Hyperliquid L1 that enables users to stake HYPE tokens while maintaining liquidity and earning yield. The protocol issues kHYPE, a liquid staking token that represents a user's staked HYPE position and accrues staking rewards automatically. Unlike traditional staking mechanisms that lock tokens and prevent their use in other applications, kHYPE holders retain the ability to deploy their staked assets across the broader Hyperliquid DeFi ecosystem. The core problem kHYPE addresses is opportunity cost. When users stake