Kinetiq Spotlight

Cross-product economics for KNTQ holders. Markets by Kinetiq (KM) earns HIP-3 deployer fees, KHYPE liquid-staking absorbs HYPE from float, KNTQ ties them together as the governance token.

Headline metrics

Live spot pricing, on-chain KHYPE supply, and KM's HIP-3 volume. Click into the Markets by Kinetiq deployer page for the full per-market breakdown.

KNTQ price

$0.2203

24h vol $3.05M

KNTQ market cap

$220.32M

1000M circulating

Kinetiq TVL

$1.07B

18M HYPE · 7.38% of circ

Net KHYPE flow · ended

—

On-chain read failed

KM HIP-3 24h vol

$16.75M

23 markets · OI $11.17M

KNTQ FDV

$220.32M

@ 1B max supply

Circulating supply

KNTQ has a total supply of 1B (1 billion). Breakdown of staked / liquid / burned shown.

1000M

KNTQ

100.0% of supply

Staked100M10.04%

Liquid900M89.96%

Burned0—

Not in float00.00%

Staked $22.12MLiquid $198.20MNot in float $0.02

KNTQ buybacks · cumulative· 491K KNTQ ($70.28K)

Indexed from the Kinetiq buybacks treasury wallet's outbound KNTQ transfers. Each step = one buyback execution (treasury → sKNTQ).

KNTQ price · MA 10/30/50 + buyback markers

Daily closes. Price line colored by MA-derived regime (same classifier as HYPE). ● Yellow diamonds mark indexed KNTQ buyback executions, placed on the price line at that day's close.

—— MA10—— MA30—— MA50

● Bull● Recovery● Topping● Bear● Neutral

Buybacks · regime context

Each row = one indexed buyback execution from the Kinetiq treasury. Regime classification = MA10/MA30/MA50 on KNTQ daily closes (same logic as the HYPE chart). Pattern to watch: buybacks only fire in non-BEAR regimes (n=4 so far · directional, not significant).

Date · UTC	KNTQ amount	USD	Avg px	Close	MA10	MA30	MA50	Regime	Cum. KNTQ
2026-04-14 01:08 UTC	1K	$142.30	$0.1423	$0.1295	$0.1166	$0.1160	$0.1265	Recovery	1K
2026-04-14 02:44 UTC	196K	$27.87K	$0.1423	$0.1295	$0.1166	$0.1160	$0.1265	Recovery	197K
2026-05-01 07:02 UTC	275K	$31.15K	$0.1132	$0.1159	$0.1202	$0.1162	$0.1186	Recovery	472K
2026-05-06 22:13 UTC	215K	$39.13K	$0.1817	$0.1816	$0.1247	$0.1218	$0.1170	Bull	687K
Total	687K	$98.29K

KM revenue → KNTQ buyback flow

On-chain coupling between Markets-by-Kinetiq fees and KNTQ holders. Both KM's feeRecipient and the buyback treasury's outbound KNTQ transfers terminate at the same address — that's the load-bearing fact. Numbers are live (KM 24h, buybacks cumulative since launch).

KM perp DEX

24h vol $16.75M

OI $11.17M · 23 markets

Trading fees → feeRecipient

Buyback treasury

0xaa3b…b6e2

Buys KNTQ on HL spot

4 buybacks · $98.29K

687K KNTQ acquired

fees

↓

USD

KNTQ

↓

last: 2026-05-06

KM feeRecipient · sKNTQ funder

0xbcd4…a0d2

Receives KM trading fees + bought-back KNTQ

Verified: KM.feeRecipient = 0xbcd4…a0d2

yield distribution

↓

sKNTQ stakers

0x6962…4d0f

Earn KNTQ yield from accumulated balance

Staking unlocks governance + fee accrual

Why this matters: Most ecosystem-fee narratives are off-chain promises. Here, the same address receives KM fees AND bought-back KNTQ, so any KM volume increase mechanically grows the KNTQ pool that backs sKNTQ yield. The regime table above shows buybacks have so far only fired in non-BEAR regimes — directional, n=4, not yet statistically significant.

KM fee revenue · estimated daily + actual extractions

Estimated = KM total daily volume × 5.5 bps deployer share (3.5 taker + 2.0 maker, Kinetiq-configured). ● Yellow diamonds mark actual USDC/USDH payouts from HL L1 distributors to KM's feeRecipient.

—— MA10—— MA30—— MA50

Today's pace

$9.21K/day

estimated, live

Cumul. estimated

$28.17K

sum of stored daily est. (3d)

Cumul. extracted

$205.25K

actual on-chain payouts (4 events)

Recent extractions

2026-03-27USDH from 0x42f3…f992$37.68K

2026-03-27USDH from 0x4ec8…e8bb$6.91K

2026-03-04USDC from 0x6b9e…0a24$71.28K

2026-03-03USDC from 0x537e…f160$89.37K

← Back to HIP-3 Analytics

Dashboard