Annual Buyback Pressure (estimated)
Based on current revenue run-rate
Total Revenue (Yearly)
Annualized (excl. Launch TBD)
Revenue figures are annualized from DefiLlama (Mar 2026). Buyback allocation percentages from Kinetiq Docs. All acquired KNTQ is sent to the sKNTQ contract and distributed proportionally to stakers.
Markets Fee, KIP-2, Validators, Trading Fee, Launch
70-100% of each stream buys KNTQ from open market
All bought-back KNTQ deposited into sKNTQ contract
Proportional share to sKNTQ holders (7-day unstaking)
HIP-3 deployer revenue from Kinetiq Markets. Min 10% of deployer share + 100% builder code → buyback. Currently in Growth Mode (fees 90% reduced).
Markets Total Trading Fee
Annualized from DefiLlama (Growth Mode ON)
$1.83M
→ Deployer Buyback (min 10% + builder code)
10% of deployer share ($168.8K) + 100% builder code ($32K) → sKNTQ
$200.8K
Scenario: Growth Mode Disabled
When Growth Mode is turned off, HIP-3 fees return to normal rates (approximately 10x current). The deployer share reverts to the standard ~50/50 split with Hyperliquid AF. Note: higher fees may reduce trading volume.
Total User Fees
$18.30M
Kinetiq Share
$17.20M
AF Share
$1.10M
Buyback
$1.72M
Theoretical: Growth Mode OFF → deployer fee ~10x. Builder code unchanged. Volume may decrease with higher fees.
HYPE staked via Kinetiq (kHYPE) earns staking rewards from the Hyperliquid network. Kinetiq charges a 10% fee on these staking rewards as protocol revenue. 70% of this fee goes to KNTQ buybacks, 30% to treasury for operations.
kHYPE TVL
$779.16M staked via Kinetiq
$779.16M
Annual Staking Rewards
~2.25% APY on staked HYPE
$15.81M
Kinetiq 10% Fee
10% of staking rewards
$1.58M
→ 70% KNTQ Buyback
70% to buybacks
$1.11M
→ 30% Treasury
30% to operations
$474.3K
Kinetiq x Hyperion validator (run by Pier Two) charges 4% commission on 11.89M staked HYPE. Kinetiq receives 50% of the commission in perpetuity. 100% → KNTQ buyback.
Hyperion Validator Stake
11.89M HYPE delegated (2.77% of network) at ~$18/HYPE
$214.08M
Annual Staking Rewards
~2.25% APY on $214M
$4.82M
Validator Commission (4%)
4% commission rate
$192.7K
Kinetiq 50% Share
50% of commission to protocol
$96.3K
→ 100% KNTQ Buyback
All to buybacks
$96.3K
100% of KNTQ spot trading fees on HyperCore are sent to the Hyperliquid Assistance Fund, effectively burning them from circulating supply permanently.
Hyperliquid AF — KNTQ Holdings
HypurrscanKNTQ Burned
463,280
Value
$51.4K
% of Supply
0.172%
AF: 0xfefefefe...fefe
100% of Kinetiq's Launch revenue (fixed 10% of deployer share) goes to KNTQ buybacks. Currently only kmHYPE exists — no other Launch products yet. Revenue data not available.
Revenue
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Buyback
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Model how Kinetiq's TVL and trading volume growth translate into future buyback pressure — and what that means relative to $KNTQ's market cap.
How each revenue stream contributes to total buyback over Year 1-5 — adjust the sliders below to explore scenarios
TVL grows 30%, trading volume grows 50% annually
kHYPE TVL Growth
Annual compound rate
Current: $779.2M
Markets Volume Growth
Annual compound rate
Current: $1.7B annual vol
HYPE Price
Affects TVL valuation
Current: ~$18
Deployer Buyback %
% of deployer share → buyback
Floor: 10% (growth) → 50% (maturity)
KNTQ Price
Live from CoinGecko
Year 1 Buyback
$2.14M
6.91% of Mcap
Year 5 Buyback
$6.94M
22.37% of Mcap
5-Year Cumulative
$20.86M
67.27% of current Mcap
Year 5 TVL
$2.9B
from $779.2M
| Year | kHYPE TVL | Markets Vol | Revenue | Buyback | BB / Mcap | BB / FDV |
|---|---|---|---|---|---|---|
| 2027Y1 | $1.0B | $2.6B | $5.11M | $2.14M | 6.91% | 1.87% |
| 2028 | $1.3B | $3.9B | $7.15M | $2.85M | 9.18% | 2.48% |
| 2029 | $1.7B | $5.9B | $10.09M | $3.81M | 12.28% | 3.32% |
| 2030 | $2.2B | $8.8B | $14.32M | $5.12M | 16.52% | 4.46% |
| 2031 | $2.9B | $13.2B | $20.43M | $6.94M | 22.37% | 6.04% |
Mcap at $0.11: $31.0M · FDV: $114.8M · HYPE: $18
Core tokenomics and distribution of the Kinetiq governance token.
Price: CoinGecko API (live) · Supply & staking: kinetiq.xyz/kntq