{"id":404836,"date":"2025-09-12T18:42:38","date_gmt":"2025-09-12T13:12:38","guid":{"rendered":"https:\/\/dripp.zone\/news\/pendles-kinetiq-markets-surpass-1-billion-crypto-news\/"},"modified":"2025-09-12T18:57:53","modified_gmt":"2025-09-12T13:27:53","slug":"pendles-kinetiq-markets-surpass-1-billion-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/pendles-kinetiq-markets-surpass-1-billion-crypto-news\/","title":{"rendered":"Pendle\u2019s Kinetiq Markets Surpass $1 Billion &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>Traders are piling into Pendle markets that leverage Hyperliquid\u2019s leading liquid staking protocol, betting on a future airdrop.<\/p>\n<div>\n<p>Yield tokenization platform Pendle and Hyperliquid\u2019s leading liquid staking protocol, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/defi\/kinetiq-liquid-staking-rakes-in-usd460-million-on-opening-day\" target=\"__blank\" rel=\"noopener noreferrer \">Kinetiq<\/a>, continue to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/defi\/pendle-rallies-on-the-back-of-khype-market-success\" target=\"__blank\" rel=\"noopener noreferrer \">benefit from each other<\/a> as Pendle\u2019s kHYPE markets cross the $1 billion milestone.<\/p>\n<p>Kinetiq staked HYPE, or kHYPE, is the third largest market on Pendle, trailing Ethena\u2019s USDe and sUSDe, with <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.pendle.finance\/trade\/markets?sort=totalTvl\" target=\"__blank\" rel=\"noopener noreferrer \">$1.13 billion<\/a> in total value locked. Nearly 80% of that is concentrated in kHYPE, while the remaining 20% is in Veda kHYPE (vkHYPE) markets.<\/p>\n<figure><figcaption class=\"text-center text-xs\">kHYPE Markets on Pendle &#8211; Pendle<\/figcaption><\/figure>\n<p>PENDLE and HYPE have been two of DeFi\u2019s top-performing tokens in 2025, with HYPE up <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/hyperliquid\" target=\"__blank\" rel=\"noopener noreferrer \">480%<\/a> from its April low, and PENDLE up <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/pendle\" target=\"__blank\" rel=\"noopener noreferrer \">170%<\/a> from its local bottom in March. <\/p>\n<p>The kHYPE market\u2019s success is likely driven by the boost in Kinetiq points that kHYPE YT holders receive as they speculate on the future Kinetiq airdrop.<\/p>\n<p>While there are no details on when the Kinetiq token is expected to launch, the platform\u2019s debut turned heads even before its official opening date, as <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/defi\/usd40-million-of-hype-to-be-unstaked-ahead-of-kinetiq-launch-on-july-15\" target=\"__blank\" rel=\"noopener noreferrer \">tens of millions worth of HYPE<\/a> were unstaked ahead of Kinetiq&#8217;s launch, so that users could route their stake through the liquid staking platform instead.<\/p>\n<p>Kinetiq uses an autonomous scoring system which ranks and distributes users&#8217; HYPE tokens amongst the network\u2019s validators. <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Traders are piling into Pendle markets that leverage Hyperliquid\u2019s leading liquid staking protocol, betting on a future airdrop. Yield tokenization platform Pendle and Hyperliquid\u2019s leading liquid staking protocol, Kinetiq, continue to benefit from each other as Pendle\u2019s kHYPE markets cross the $1 billion milestone. Kinetiq staked HYPE, or kHYPE, is the third largest market on [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":404839,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-404836","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/404836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=404836"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/404836\/revisions"}],"predecessor-version":[{"id":404840,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/404836\/revisions\/404840"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/404839"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=404836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=404836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=404836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}