Kinetiq Announces iHYPE Launch With Hyperion DeFi as Its First Institutional Depositor

Published on August 15, 2025
NEW YORK—Kinetiq, the leading liquid staking protocol on Hyperliquid, a revenue-generating blockchain, has announced that iHYPE is now live, with Hyperion DeFi, Inc. (NASDAQ: HYPD) as its first institutional depositor. According to the announcement, this marks a major milestone for institutional access to Hyperliquid’s DeFi ecosystem. iHYPE is Kinetiq’s institutional-grade liquid staking product, offering fully isolated, compliant staking pools built on the same architecture that secured over $1.3 billion in total value locked (TVL) in its opening month through kHYPE, its flagship Liquid Staking Token (LST), the announcement said.
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