# Kinetiq

> Track Kinetiq's active users and market cap with daily on-chain data across 2 chains. Compare Kinetiq with other derivative exchanges. Updated daily.

Source: [Kinetiq on Token Terminal](https://tokenterminal.com/explorer/projects/kinetiq). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: KNTQ
- Sectors: Derivative exchanges
- Chains: hypercore, hyperevm

## About

### What it is

Kinetiq combines liquid staking with USDH-settled perpetual contracts on equities, indices, commodities, and FX.

### Who uses it

Kinetiq is a protocol and product suite on Hyperliquid that spans HYPE liquid staking and HIP-3 perpetual markets.

### How it works

Kinetiq issues kHYPE for staked HYPE and deploys perpetual markets under the km namespace on Hyperliquid's HyperCore order book via Markets by Kinetiq.

## Metrics

Token Terminal tracks these metrics for Kinetiq daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/kinetiq/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/kinetiq/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/kinetiq/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/kinetiq/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/kinetiq/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/kinetiq/metrics/token-turnover-circulating)
- [Token holders](https://tokenterminal.com/explorer/projects/kinetiq/metrics/tokenholders)
- [Circulating supply](https://tokenterminal.com/explorer/projects/kinetiq/metrics/token-supply-circulating)
- [Notional trading volume](https://tokenterminal.com/explorer/projects/kinetiq/metrics/notional-trading-volume)
- [Open interest](https://tokenterminal.com/explorer/projects/kinetiq/metrics/open-interest)
- [Active users (daily)](https://tokenterminal.com/explorer/projects/kinetiq/metrics/user-dau)
- [Active users (weekly)](https://tokenterminal.com/explorer/projects/kinetiq/metrics/user-wau)
- [Active users (monthly)](https://tokenterminal.com/explorer/projects/kinetiq/metrics/user-mau)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/kinetiq/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/kinetiq/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/kinetiq/metrics/active-addresses-monthly)
- [Core developers](https://tokenterminal.com/explorer/projects/kinetiq/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/kinetiq/metrics/code-commits)
- [Trade count](https://tokenterminal.com/explorer/projects/kinetiq/metrics/trade-count)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/kinetiq/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/kinetiq/metrics/gas-used)

## Links

- [twitter](https://x.com/kinetiq_xyz)
- [website](https://kinetiq.xyz/)
- [website](https://markets.xyz/)
- [github](https://github.com/kinetiq-research)
- [discord](https://discord.com/invite/kinetiq-xyz)