Underlying asset
kHYPE
Issued by Kinetiq. The facts below were checked on the date shown, from the sources listed.
kHYPE is issued by Kinetiq. What stands behind it: liquid staking. It is valued in HYPE, not in dollars. It is redeemed through a queue.
Facts
- Issuer
- Kinetiq
- What stands behind it
- liquid staking
- Strategy
- HYPE validator rewards on Hyperliquid
- Valued in
- HYPE
- Position in the capital stack
- not a tranche
- Who has to keep a promise
- validators
- Redemption
- redeems through a queue; the issuer's stated worst case is 9 days
- Who can change it
- a multisig (Safe) · 4 of 8 signatures · the admin role · four signatures, no timelock 0x18a82c968b992d28d4d812920eb7b4305306f8f1 (HyperEVM)
- Audits
- Code4rena, 2025-04
Spearbit, 2025-03
Pashov, 2025-03
Zenith, 2025-03 - Bug bounty
- up to $1,000,000 on Cantina
- Depends on
- none recorded
Other assets from the same issuer: vkHYPE - Chains
- HyperEVM
- Checked
- 2026-10-01, from the issuer's own documents
- Sources
- https://kinetiq.xyz/docs/khype
https://kinetiq.xyz/docs/contracts-and-audits
Pendle markets on it
Live Pendle markets on this asset, as of 6 Oct 2026. Rates are not shown. Market data: Pendle.
| Chain | Maturity | Principal token |
|---|---|---|
| HyperEVM | 2027-03-25 | PT-kHYPE-25MAR2027 |
Not found
What the research has not answered for this asset, said rather than left blank.
- All six questions are answered for this asset.
- Incidents: this encyclopedia does not yet keep a record of incidents from primary sources.