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Kinetiq protocol officially launched on the Hyperliquid mainnet, introducing its liquid staking token kHYPE.

Kinetiq, in partnership with Eyenovia and Pier Two, launched the 'Kinetiq x Hyperion' mainnet validator on the Hyperliquid network.

Kinetiq launched its airdrop points program, incentivizing users to stake HYPE and leading to a significant increase in TVL.

Kinetiq announced 'Launch,' its Exchange-as-a-Service (EaaS) platform, to enable teams to deploy perpetual futures exchanges on Hyperliquid.

The kHYPE token experienced a temporary de-pegging event against WHYPE, with its value falling before recovering.