KINETIQ — The Kinetic Engine of the Hyperliquid Ecosystem KM! So excited to see Kinetiq @kinetiq_xyz becoming the first(maybe) @HyperliquidX ecosystem project to hit $1B TVL — and in just three weeks since launch! What a milestone. Congrats to @0xOmnia ~ This is why I believe Kinetiq deserves deep attention ,and below is my introduction about Kinetiq . tbh I has been curious why there is so much eyeballs on Kinetiq before it launch haha . And If I am not wrong tons of HYPE (more than 100m HYPE ) unstaked before the launch day of Kinetiq from mainnet for engaging into Kinetiq's liquid staking . 1. How Kinetiq works Kinetiq is a native Hyperliquid LST protocol designed to fully meet user needs from diff aspects : Unlike other LST projects, Kinetiq natively integrates with the Hyperliquid PoS network. Users simply stake their HYPE to Kinetiq and receive kHYPE to get the liquidity while earning the reward from POS network . Besides, Kinetiq’s contract autonomously delegates staked HYPE to the top-performing validator, which ranked by StakeHub based on five key metrics: Reliability, Security, Economics, Governance, and Longevity. Can go through their validators to know much more about current status of Stakehub 's scoring system : Even more impressively, staking to HyperCore is powered by CoreWriter — a native Hyperliquid system feature that allows HyperEVM contracts to write directly into HyperCore. This means all validator delegation happens fully on-chain, with no off-chain trust assumptions. Kinetiq is the one of first HyperEVM protocol to adopt CoreWriter for validator delegation, enabling trustless, automated HYPE staking. If you want to dive deeper into CoreWriter, check out @djenn’s excellent explainer: 2.The Multiple Usage of kHYPE from the first moment of launch One of Kinetiq’s strongest moves was launching with deep ecosystem integration. From day one, kHYPE has been usable across the HyperEVM DeFi landscape. Below is the four sectors which kHYPE already has been acceptable by the HyperEVM ecosystem project .(Pls lemme know if I miss your project here) A. Collateral kHYPE can be accepted as collateral on money markets and CDP protocols like @felixprotocol, @HypurrFi, and @hyperlendx which means that you can leverage your asset much more with kHYPE . B. Liquidity Pools kHYPE is tradable on stable AMMs like @CurveFinance and on general-purpose AMMs like @laminar_xyz, @ValantisLabs, @HyperSwapX, and @HybraFinance. And you can also pair it with HYPE or USDC to add the liquidity for LP Farming! C. Pendle Point Market Thanks for king of interest - Pendle ,now kHYPE is also can be used on @pendle_fi’s point market for kPOINT rewards(YT) and fixed income (PT) - Buy YT tokens with kHYPE to earn points. - BUY PT tokens of kHYPE also offer a 12% fixed APY. 🔗 Explore the market: Here pls allow me to say thanks for Pendle @tn_pendle your team is the god for any kind of scenario of interest or yield D. Kinetiq Earn Powered by @veda_labs, Kinetiq Earn optimizes kHYPE (and HYPE) yields across top HyperEVM DeFi protocols with their own strategy, targeting the best risk-adjusted returns. Current TVL is $196M with around 6% estimated APY. 3. The Kinetiq Flywheel — Powering Hyperliquid Kinetiq creates a self-reinforcing loop that benefits users, validators, and the entire ecosystem. A. Users (HYPE Holders) - Yield — Stake HYPE via Kinetiq to top validators and earn rewards. - Liquidity — Hold kHYPE to keep assets liquid while still earning staking yield. B. Validators (Network Security) - Continuous delegation incentives drive validators to maintain top-tier uptime and performance. - Enhances trust in Hyperliquid’s PoS network, attracting both developers and users. C. Ecosystem Developers & Projects - More liquidity in kHYPE fuels DeFi participation. - Early-stage incentives like kPOINT boost adoption. - Strong validator performance encourages long-term builder confidence. By simplifying liquid staking while integrating deeply across DeFi, Kinetiq has become the kinetic engine driving Hyperliquid’s growth. And the flywheel is just starting — expect more innovation, integrations, and ecosystem impact from Kinetiq soon. Special thanks to @0xOmnia for the quick responses and insights. Do let us know if you are running or about to run a project on Hyperliquid (HyperEVM). Recommended reading - For kPOINT's value estimation : Well read from @0xlykt 's post