defirisk.co
rubric v1.7.0

Liquidity depth per major asset

Kinetiq's assessment for RD-F-065 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

kHYPE secondary-market liquidity is thin. CoinMarketCap (2026-05-17): 24h trading volume $24,608, market cap $773.1M, Vol/Mkt Cap 0.003183%, Liq/Mkt Cap 1.04%. kHYPE price $44.20 vs HYPE ~$43.51 (1.6% premium — not a depeg). The 'swap via DEX' exit path offered by Kinetiq docs is not practically viable for holders with >~$50K positions during stress; actual exit for large positions requires the 8-9 day unstaking queue (1-day lock + 7-day queue per docs FAQ). Yellow: below 2%-of-TVL liquidity depth threshold, but protocol is functional via queue. Comparable to other young ecosystem LSTs.

Sources #

  • Docs
    Kinetiq FAQKinetiq FAQ — unstaking queue 8-9 days total (1-day lock + 7-day queue); instant swap via DEX as alternativeretrieved 2026-05-17
  • URL
    Kinetiq Staked HYPE (kHYPE) market data — CoinMarketCapCoinMarketCap kHYPE page — price $44.20, 24h vol $24,608, Liq/Mkt Cap 1.04%, Vol/Mkt Cap 0.003183%, retrieved 2026-05-17retrieved 2026-05-17

Methodology #

Measure on-chain liquidity depth for protocol-held assets at 2% and 5% price impact in USD.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol kinetiq factor RD-F-065 score yellow collected_at 2026-05-17 15:29:57