KNTQ is now listed on Kraken

Kinetiq’s governance token is now available to trade on Kraken.

This marks a major access milestone for Kinetiq, Hyperliquid’s leading liquid staking protocol, and expands the reach of the Kinetiq ecosystem to one of the most recognized trading venues in crypto.

Kinetiq was built around a simple idea: staking HYPE should not force users to choose between rewards and liquidity.

With kHYPE, users can stake HYPE, earn staking rewards, and remain liquid across DeFi. Instead of choosing between staking and liquidity, kHYPE gives users a liquid staking token that can move through the Hyperliquid ecosystem while continuing to represent their staked HYPE position.

KNTQ sits at the center of that system.

It is the governance token of the Kinetiq protocol and the value accrual layer for the full Kinetiq stack: liquid staking, Markets, and Launch.

With the Kraken listing, KNTQ becomes more accessible to a broader set of users who want access to the infrastructure being built around Hyperliquid-native staking, onchain markets, and HIP-3 deployment.

Why KNTQ matters

Kinetiq is more than a liquid staking protocol.

Liquid staking is the base layer. Users stake HYPE, receive kHYPE, and earn staking rewards while keeping their assets usable across DeFi.

But the Kinetiq protocol is designed as a broader coordination layer for Hyperliquid-native infrastructure.

That stack includes:

• kHYPE, the liquid staking token for HYPE
• KNTQ, the governance token and value accrual layer
• sKNTQ, the staked form of KNTQ that receives buyback proceeds
• Markets, Kinetiq’s HIP-3 deployed markets and onchain perpetuals venues
• Launch, the platform for HIP-3 deployers to crowdsource stake through custom LSTs

Each part of the stack serves a different role.

kHYPE keeps staked HYPE liquid.
Markets brings onchain perpetual markets to global assets.
Launch gives HIP-3 deployers a path to bootstrap stake and liquidity.
KNTQ connects the system through governance and value accrual.

That is the core point.

KNTQ is not a disconnected token sitting beside the protocol. It is the instrument through which protocol value is designed to flow.

How value accrues to KNTQ

Kinetiq’s model is built around direct value routing.

Across the protocol, revenue sources are directed toward KNTQ buybacks, with proceeds distributed to sKNTQ holders.

That includes:

• Validator commissions
• Markets trading fees
• Builder code fees
• Launch revenue

Within Kinetiq’s Active Set, validators can opt in by contributing 50% of their validator commissions to the Kinetiq protocol. Those commissions are used for KNTQ buybacks.

Markets adds another revenue engine through onchain perpetual trading.

Launch adds a third by enabling HIP-3 deployers to crowdsource stake through custom liquid staking tokens.

Together, these components create a cleaner protocol economy: usage generates revenue, revenue funds buybacks, and buyback proceeds flow to sKNTQ holders.

The more the Kinetiq stack expands, the more important KNTQ becomes as the coordination and value accrual layer behind it.

What the Kraken listing unlocks

The Kraken listing expands access to KNTQ.

For existing Kinetiq users, it adds a new venue for trading KNTQ. For new users, it creates a more direct entry point into the Kinetiq ecosystem.

Some users will discover Kinetiq through HYPE staking.
Some will discover it through kHYPE.
Some will discover it through Markets.
Some will discover it through Launch.
Some will now discover it through KNTQ on Kraken.

Distribution expands the surface area of the protocol. More access means more users can understand how Kinetiq fits into the Hyperliquid ecosystem and how KNTQ connects the stack.

Kinetiq is building infrastructure for liquid staking, onchain markets, and HIP-3 deployment.

KNTQ is the token that ties that infrastructure together.

Trade KNTQ on Kraken

KNTQ is now available on Kraken.

Trade KNTQ:
https://app.kraken.com/JDNW/KNTQ

Availability may vary by jurisdiction and Kraken account eligibility.

About Kinetiq

Kinetiq is Hyperliquid’s leading liquid staking protocol.

Users can stake HYPE, receive kHYPE, earn staking rewards, and remain liquid across DeFi. Kinetiq also operates Markets, an onchain perpetuals venue, and Launch, a platform that allows HIP-3 deployers to crowdsource stake through custom liquid staking tokens.

KNTQ is the governance token of the Kinetiq protocol and the value accrual layer for the Kinetiq stack. Validator commissions, Markets trading fees, and Launch revenue fund KNTQ buybacks, with proceeds distributed to sKNTQ holders.

Learn more about Kinetiq: kinetiq.xyz

Trade on Markets: markets.xyz