MNKN
Dashboards / Pendle / kHYPE
kHYPE
HyperEVMMatures 25 Mar 2027, 147 daysUnderlying kHYPE at $83.679
Implied APY
1.88%
fixed rate to maturity
Underlying APY
1.95%
-0.06 pts implied minus underlying
Max APY (LP)
2.46%
Liquidity
$1.92M
TVL
$3.62M
24h volume
$394
Implied 1.88% against 1.95% underlying
Implied and underlying APY, daily
ImpliedUnderlying
Data as of 28 Oct 2026 00:00 UTC/Source Pendle
$3.62M locked in this market
Market TVL, USD, daily
Data as of 28 Oct 2026 00:00 UTC/Source Pendle
The collateral
The underlying asset is the risk in a Pendle position. What backs kHYPE, in Pendle's words and ours.
Class Unclassified collateralpointshypelo-incentives
What it is
kHYPE is a reward-bearing liquid staking token (LST) designed for the HYPE token. It accrues rewards derived from validator activity involved in writing data to the Hyperliquid blockchain.
When HYPE is staked through Kinetiq, users receive kHYPE. This kHYPE token represents their staked HYPE and includes the entitlement to any associated staking rewards.
Quirks
A minimum of 5 HYPE is needed to mint kHYPE via the deposit URL.
Risk involved
This pool has minimal risk of generating negative yield
Sources: Pendle V2 API (market data and notes). Nothing here is investment advice.