Kinetiq kmHype

kmHYPE is the exchange-LST primitive within Kinetiq Markets, the Hyperliquid-native perpetuals venue from the Kinetiq team. Stakers deposit HYPE and receive kmHYPE, a yield-bearing token that simultaneously serves as collateral on the perps exchange.

The model lets HYPE holders earn staking rewards while their capital remains productive in trading. The product complements Kinetiq’s main kHYPE LST.