Underlying asset
vkHYPE
Issued by Kinetiq. The facts below were checked on the date shown, from the sources listed.
vkHYPE is issued by Kinetiq. What stands behind it: a vault allocating to other venues. It is valued in HYPE, not in dollars. It is redeemed through a queue.
Facts
- Issuer
- Kinetiq
- What stands behind it
- a vault allocating to other venues
- Strategy
- HYPE validator rewards on Hyperliquid
- Valued in
- HYPE
- Position in the capital stack
- not a tranche
- Who has to keep a promise
- code on chain, validators
- Redemption
- redeems through a queue; the issuer's stated worst case is 10 days
- Who can change it
- a multisig (Safe) · 4 of 6 signatures · decides who may call the vault, its manager included; no delay 0x63e8a067810c07c42bc60cbac5770dc13f8a52db (HyperEVM)
- Audits
- Sigma Prime, 2025-12
- Bug bounty
- not found in a source that meets the standard
- Depends on
- none recorded
Other assets from the same issuer: kHYPE - 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
https://kinetiq.xyz/docs/earn
https://github.com/Veda-Labs/boring-vault/blob/main/deployments/addresses/HypeEVM/kHYPE.json
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-vkHYPE-25MAR2027 |
Not found
What the research has not answered for this asset, said rather than left blank.
- A public bug bounty programme.
- Incidents: this encyclopedia does not yet keep a record of incidents from primary sources.