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kinetiq:native just made a new ATH…
And it feels like people are still thinking it’s “just staking”.
Yeah… not really.
• ~$20M/year being generated.
• Top 3 LST globally.
• Biggest on Hyperliquid.
• Buybacks happening every day.
But what’s more interesting is everything around it:
→ Markets mobile app quietly gaining traction.
→ Trading stocks, indices, commodities 24/7.
→ Social + copy trading built in.
→ XP, referrals, quests pulling in users.
It’s starting to feel less like a yield play and more like a full-on distribution machine.
Everything loops back to kinetiq:native anyway.
That’s the part i don’t think is fully priced yet.
First it was crypto natives.
Then ETFs showed up.
Now TradFi is buying faster than the ETFs.
• $70+ ATHs.
• $10B+ OI returning.
• $3B+ buyback machine running.
• Pre-IPO markets gaining real volume.
• Wall Street literally in meetings with the team.
This isn’t rotation. It’s replacement.
$HYPE is where liquidity is going.
It’s inevitable.
Hyperliquid
Wall Street is watching.
• $100M+ ETF inflows in days.
• Institutions buying faster than ETFs.
• 24/7 price discovery replacing weekend gaps.
• Prediction markets cheaper than TradFi by 50x.
This is the new center of liquidity.
It’s the financial layer everything else plugs into.
hyperliquid:native isn’t priced for this.
Hyperliquid
Everyone still calling Hyperliquid “just a perp DEX” is going to be exit liquidity.
While they argue, Hyperliquid is eating the entire stack:
→ Stocks, commodities, FX, pre-IPO perps (HIP-3).
→ CPI, Fed, sports, real-world events (HIP-4).
→ Spot + perps + binaries in ONE portfolio.
→ 24/7 markets that price before TradFi even opens.
And the bid?
→ $100M+ ETF inflows in 10 days.
→ ~$20M daily TradFi demand.
→ $1B+ buybacks hardcoded.
→ $6.8B stablecoin liquidity.
No VCs.
No unlock overhang.
No off switch.
Just a machine that buys back supply while onboarding global flow.
This isn’t competing with exchanges.
It’s replacing them.
Hyperliquid