Launch: Markets by Kinetiq

Stake HYPE for kmHYPE in order to co-own Markets by Kinetiq. The era of onchain, user-owned global markets begins.

$0
0.25% max slippage

kmHYPE

Price
TVL
APY
No chart data available
Balance
0 kmHYPE
Collateral asset
USDC
Deployer revenue share

Timeline

Staked HYPE accrues staking rewards during all phases.

Funding

Completed

Join early by participating in the first come, first served funding round.

Launching

Completed

The exchange has been created and the minimum required stake is locked.

Live

Active

Trading is live and kmHYPE is now earning yield from trading fees for participants.

Team

Websitehttps://kinetiq.xyz
Socials

Oracle

Oracle provider
Data availabilityReal-time (1s)
Asset coverageDiverse global asset classes

Markets by Kinetiq integrates Kaiko’s HIP-3 oracle solution, ensuring robust, 24/7 pricing across asset classes including equities and crypto. The oracle aggregates high-frequency market data from institutional sources and transforms these inputs into resilient and continuously refreshed index prices suitable for perpetual trading.

Automated protections handle market closures, corporate actions, periods of low liquidity, and unusual price movements to preserve accuracy and integrity. Layered fallback and validation mechanisms ensure uninterrupted and manipulation-resistant performance even during market stress or network disruptions.

FAQ

kmHYPE is a reward‑accruing liquid staking token (LST) for the HYPE that is staked for Markets by Kinetiq via the HIP-3: Builder-deployed perpetuals.

During the Funding phase, any wallet included in a cohort can stake HYPE or kHYPE to receive kmHYPE. If HYPE is staked, it will immediately be staked for kHYPE, which means you start earning staking rewards on your stake right away. After the Funding phase ends, you can only stake additional HYPE until the supply cap of 888,888 kmHYPE is reached. kmHYPE is a freely tradable ERC‑20 token, so you can always swap into kmHYPE on secondary markets.

You can unstake kmHYPE using one of two methods:

  1. Direct unstakes become available after Markets is live. If the current HYPE underlying kmHYPE exceeds the minimum amount of 500,000 HYPE, unstakes will be processed immediately with an approximately 8.5‑day unstake period and a 0.10% unstake fee (paid in kmHYPE). If there is no excess HYPE, new unstakes enter a queue and are processed as soon as more HYPE becomes available.
  2. Swapping instantly on a supported kmHYPE market

While the number of tokens in your wallet remains constant, the value of each kmHYPE increases when deployer revenue is realized. As rewards accumulate, the value of each kmHYPE token increases, which means the kmHYPE:HYPE exchange rate also increases. The longer you hold kmHYPE, the more rewards you accrue and the larger the difference in the exchange rate becomes.

kmHYPE inherits the same risks as kHYPE, but also includes HIP-3 slashing risk, where validators may convene to slash the stake of malicious actors. See HIP-3: Builder-deployed perpetuals for more information.