Kinetiq kHYPE · Hyperliquid L1

SKNTQ

Overview

The Kinetiq kHYPE SKNTQ pool on Hyperliquid L1 is a liquid-staking receipt for the protocol's native token, HYPE. It generates yield by staking users' tokens and distributing rewards proportionally based on holdings.

Total APY stands at 7.30%, with no additional reward component. The 7-day trend shows no change, while the 30-day trend is up 7.30%. This places the current rate significantly above the 30-day mean of 3.34%.

TVL currently sits at $18.6M without a reported 7-day change. Given its single-asset nature and lack of impermanent loss risk, the primary exposure lies in smart-contract risk. The protocol's liquid-staking model ensures users receive continuous rewards for their staked tokens.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Yield variability

  Current APY is 7.30%; 30-day mean is 7.20%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 69% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.