Kinetiq has now crossed >14m HYPE (>$600m) representing ~1.4% of total supply and >4.2% (lol) of circulating supply. >50% of which is being actively utilized across Hyperliquid DeFi already, within 10 days of launch. Most importantly; this is the very beginning. Hyperliquid

kHYPE is the most utilized asset in the HyperEVM ecosystem within 10 days of launch and saw an insane amount of immediate integrations, you can also see the demand by the sheer insanity for HYPE borrow rates. Going forward, kPoints will be perfectly accurate week over week. 🌊

Heavy thanks to all stakers & partners for the patience around Week 1 of kPoints distribution. By this weekend, Week 1 of kPoints will be rebalanced to reflect the fair amount earned by all participants. Remember, this is merely Week 1 –– pic related. Heavily kPoints coded.

interesting kHYPE collateral across just the top 3 money markets alone has crossed >$245m, with a further ~$60m in Kinetiq Earn by @veda_labs that is nearing deployment: - @felixprotocol $99.34m (CDP imminent) - @hyperlendx $98.87m (E-mode imminent) - @HypurrFi $46.5m Adding DEX's like: - @ValantisLabs $25m - @prjx_hl $6.6m - @HyperSwapX $6.7m There are further integrations that push kHYPE utilization across the ecosystem past >$300m –– all in the opening week. I would like to take the opportunity to highlight that @kinetiq_xyz does no TVL deals of any kind. Thank you for your attention to this matter!

kHYPE is now live on @debridge Users can now trade into kHYPE on HyperEVM from 25+ chains. Heavily kHYPE coded.

Most have not yet realized that the collaboration with @veda_labs on Kinetiq Earn (vkHYPE) is a solution to what has inarguably been one of the biggest onboarding problems to HyperEVM –– Protocol selection and allocation All in one shot Heavily vkHYPE coded send tweet

The snapshot for the 1st week of kPoints has been taken, and will be distributed on Thursday, July 24th. Going forward, there will not be any announcements regarding kPoints snapshots –– only distributions as they occur every Thursday. Heavily kPoints coded.

Join us tomorrow for a heavily kHYPE-coded session with our friends from @kinetiq_xyz, @felixprotocol, and @hyperlendx. 🔔 Set Reminders:

kHYPE by @kinetiq_xyz has swiftly crossed well over $200m+ in DeFi utilization within merely 5 days of launch. Across the top 3 money markets alone, much of which enforcing caps, sits >$180m of collateral: On @felixprotocol, $95.82m in kHYPE has been deposited, prior to even Felix CDP going live next week On @hyperlendx, $48.32m in kHYPE has been deposited, has it's caps filled within 60 seconds every time they've been opened On @HypurrFi, $36.88m in kHYPE has been deposited There is a further >$55m in kHYPE that sits in the Kinetiq Earn vault managed by @veda_labs that will actively deploy this capital across the ecosystem imminently, meaning further deposits, and further juiced yields for both HYPE and stablecoin lenders, as well as vkHYPE depositors. On @ValantisLabs, kHYPE AMM has become the largest LP at >$26m, which streams a portion of its deposits to @felixprotocol acting a a lender and juicing yields for LP's. On @prjx_hl, kHYPE has become the largest LP at >$6m This is all before massive composability unlocks such as yield trading on kHYPE like @pendle_fi, and many others. A DeFi renaissance is occuring on @HyperliquidX, and it's all turbo charged by Kinetiq's vision to perfect HYPE as a money lego in its own ecosystem and beyond. Heavily kHYPE coded. Hyperliquid

We've shipped a very cool update to the @kinetiq_xyz Validators page where you can now see the validators who are in the Kinetiq active set, and how much stake is delegated to them via the protocol. Active set = receives delegations from Kinetiq kStake = amount delegated