Cryptopedia - Kinetiq Staked HYPE
Kinetiq Staked Hype ($kHYPE) serves as the native liquid staking option for $HYPE, designed from the ground up to function as a key, decentralized financial component on Hyperliquid.
$kHYPE relies on specific primitives to position itself as the primary choice for liquid staked $HYPE. First, it employs StakeHub, an on-chain validator scoring system that automatically delegates and rebalances stakes, ensuring user funds are always assigned to the top-performing validators. Furthermore, $kHYPE uses the CoreWriter system contract to handle staking and rebalancing directly on HyperCore, which eliminates all trust assumptions and external dependencies.
