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