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  1. Home
  2. Projects
  3. Hyperliquid
  4. Vs
  5. Kinetiq

Hyperliquid vs Kinetiq

Compare Hyperliquid and Kinetiq on TVL, fees, revenue and activity to understand how these projects stack up.

$6.311B
The Hyperliquid Bridge settles deposits and withdrawals between Ethereum and Hyperliquid’s Layer‑2 exchange once two‑thirds of validator stake signs the transaction. A light‑client circuit batches proofs so users receive near‑instant credit on Hyperliquid while final settlement finality matches Ethereum’s L1. Since launch in February 2025, average bridge latency has been under 90 seconds with no recorded reorg incidents.
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$962.24M
Kinetiq is a non-custodial liquid staking protocol built natively on Hyperliquid L1. Users stake HYPE and receive kHYPE, a liquid, yield-accruing representation usable across the Hyperliquid DeFi ecosystem. Behind the scenes, StakeHub — Kinetiq’s autonomous validator scoring and delegation system — routes stake to the highest-performing validators to maximise yield and reinforce network security. kHYPE grows in value automatically through validator rewards, requires no claiming, and remains fully composable for lending, liquidity provision and advanced yield strategies. Kinetiq’s architecture emphasises security through multi-layered safeguards, multiple independent audits and a $5M bug bounty. The protocol also offers iHYPE, a compliant, institution-ready staking solution. With over a billion dollars staked, Kinetiq powers scalable, efficient and integrated liquid staking for the entire Hyperliquid ecosystem.
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Key Metrics Comparison

Hyperliquid
TVL
$6.311B
24h Volume
$45.06M
24h Fees
$744.9K
24h Revenue
$542.2K
30d Fees
$57.63M
30d Revenue
$41.04M
7d TVL Change
-18.05%
Dominance
2.64%
Kinetiq
TVL
$962.24M
24h Volume
$3.12M
24h Fees
$53.8K
24h Revenue
$6.7K
30d Fees
$1.9M
30d Revenue
$244.7K
7d TVL Change
-34.58%
Dominance
0.40%

Category Performance

Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.

TVL Share

Share of combined TVL

TVL Share
Hyperliquid
86.8%
Kinetiq
13.2%

Volume Share

Share of combined 24h volume

Volume Share
Hyperliquid
93.5%
Kinetiq
6.5%

Fees Share

Share of combined 24h fees

Fees Share
Hyperliquid
93.3%
Kinetiq
6.7%

Revenue Share

Share of combined 24h revenue

Revenue Share
Hyperliquid
98.8%
Kinetiq
1.2%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
Hyperliquid
-18.05%
Kinetiq
-34.58%

Dominance

Market dominance by TVL

Dominance
Hyperliquid
2.6%
Kinetiq
0.4%
TVL Comparison
Hyperliquid
Kinetiq