mektigboy

driver @kinetiq_xyz

[Omnia.hl π @0xOmnia]

I don’t think many realized what has happened here.

@Kinetiq_xyz has become the #3 global LST with:

- zero paid liquidity and TVL

- zero support, subsidies or preference from the Hyperliquid foundation

- the only governance token (in all the categories we operate in) that explicitly and programmatically accrues value from its entire product suite

- raised mere fractions of what every other participant in our categories has (<$2m), returning exponentially better results

- airdropped the largest % of every other participant in our categories (25%)

Crypto is really not used to this, and what better than to have done it all in the most Darwinian, and pure ecosystem in crypto; Hyperliquid.

There simply isn’t enough kinetiq:native in existence.

[DEGEN NEWS @DegenerateNews]

NEW: @HyperliquidX-BASED @Kinetiq_xyz FLIPS @solana-BASED @sanctumso TO BECOME THE 3RD LARGEST LIQUID STAKING PROTOCOL - PER @DefiLlama DATA

SOURCE: https://t.co/fKBkpmEUE8

[mektigboy @mektigboy]

@Kinetiq_xyz wut 👀

[Kinetiq @Kinetiq_xyz]

HIP-4

[mektigboy @mektigboy]

@0xOmnia @kinetiq_xyz not here to fuck spiders. 🔥

hyperliquid

[mektigboy @mektigboy]

@gregfromstl @0xmagnus greg

[mektigboy @mektigboy]

@gregfromstl nice fucking job, greg

[Patryk @Solofunk]

Kinetiq is the fastest-growing protocol on @HyperliquidX, the fastest-growing liquid staking token ever, and the largest liquid holder of $HYPE.

It connects native staking of HYPE on HyperCore with the composability of a burgeoning DeFi ecosystem on HyperEVM. The deployment of @pendle_fi onto HyperEVM has added fuel to the fire.

In just one week, HyperEVM has become the second-largest contributor of Pendle TVL behind Ethereum.

Kinetiq markets on Pendle (kHYPE and vkHYPE) have attracted $421.5 million in TVL as $kHYPE has become the third-largest market on Pendle. In total, 32.2% of kHYPE's supply is deployed on Pendle, making up 86.6% of Pendle's TVL on Hyperliquid.

Kinetiq’s ambition extends beyond liquid staking and institutional adoption. The protocol aims to allow builders to create HIP-3 markets with increased capital efficiency.

While not yet live, HIP-3 markets will allow anyone to create exotic perpetual futures markets atop Hyperliquid. For example, @ventuals will allow users to trade pre-IPO companies like @cursor_ai, @cluely, and @krakenfx with up to 10x leverage. 

HIP-3 builders will need to acquire and stake one million $HYPE ($48.5M) to deploy. Kinetiq will provide the option to rent stake for a to-be-announced price through Launch, an Exchange-as-a-Service (EaaS) product.

This presents strategic questions for @kinetiq_xyz. Will the price to rent stake be a fixed rate, an algorithmic rate, or a rate related to the success of the underlying HIP-3 market?

Sophisticated HIP-3 deployers may be able to secure stake themselves. This could limit Kinetiq’s ability to attract what will become the highest-performing HIP-3 markets and restrict the attractiveness of a revenue share. 

Kinetiq could support 28 HIP-3 builders with over 28.7 million HYPE being staked today.

The success of HIP-3 and its revenue-generating potential remain to be seen. If @kinetiq_xyz opts for a revenue-share model, revenue could be capped if HIP-3 struggles to take off. Changing the protocol’s pricing strategy after setting an initial methodology would prove challenging.

That being said, if the long-term growth and success of Hyperliquid is an assumption, revenue-sharing becomes the optimal option. That assumption is guaranteed to be one held by Kinetiq and its founders, like @0xOmnia, who have proven to be some of the most Hyperliquid-aligned builders in the @HyperliquidX ecosystem.

[mektigboy @mektigboy]

@washed_devv

[羊羊羊 @encryptjustice]

Heavily kHYPE coded.

Open-source, non-custodial, no staking/unstaking cooldown. Join now as an early bird.

TVL reaches 4,600,000 $HYPE, 218,500,000 USD in 1 hour.

Hyperliquid

Great work! @kinetiq_xyz

[Kinetiq @Kinetiq_xyz]

Kinetiq is now live on Hyperliquid mainnet.

Heavily kHYPE coded.

Liquid stake your HYPE for kHYPE now –– visit https://t.co/QNqTKO12kF to get started.

[mektigboy @mektigboy]

@FynCas Ugc

[mektigboy @mektigboy]

@MurrayFrost_ masterclass

[mektigboy @mektigboy]

@axtomated Yes

[mektigboy @mektigboy]

@0xCircusLover @MingoAirdrop 😂😂😂

[mektigboy @mektigboy]

@FynCas 10

[mektigboy @mektigboy]

@hunterhammonds show me

[mektigboy @mektigboy]

@thirdweb @gregfromstl great fucking job, greg!

[mektigboy @mektigboy]

@gregfromstl @thirdweb good job, greg

[Cosmo Bunny 🌌 @CosmoBunnyIN]

This is the actual feeling of using Rust.