Three Strategies to Seize the Kinetiq kHYPE Opportunity
The liquid staking protocol Kinetiq's arrival on the HyperEVM is triggering a land rush for those looking to amass kPoints.
Three weeks ago, the long-awaited liquid staking protocol Kinetiq launched on HyperEVM and it's already the network's largest dApp.
The LST has vacuumed up over $880M in deposits, pushing the chain's TVL past $2 billion in the process, while the percent of HYPE staked continues to hit new all-time highs.
The protocol arrives tokenless – but with a points program. Given the protocol's parabolic growth, it's clear that many believe amassing kPoints will pay dividends down the line.
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David Christopher
David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.
