Aside from Kinetiq (KNTQ) skyrocketing 200% in a month, what other assets can we trade in the HYPE ecosystem hitting all-time highs?
The Hyperliquid token has reached a new peak, triggering a full-on explosion in the HyperEVM ecosystem. Kinetiq (KNTQ), with a TVL exceeding $1 billion as a liquid staking protocol, has surged 72% in the last 30 days; NEST, boasting an 86.6% staking rate with its vote-escrowed DEX model, has shot up 739% in 30 days; and Purr (PURR), the community mascot meme coin, has gained 93% in the same timeframe.
The Kinetiq protocol uses its revenue to buy back KNTQ and distribute it to stakers, while NEST allocates 100% of its fees to stakers, with voting determining liquidity incentives, creating a "staking-voting-incentive" positive spiral.
Why this matters: The strong momentum of HYPE is pushing capital from platform coins into the application layer, making the HyperEVM ecosystem one of the most explosive sectors in this bull run.
#Hyperliquid #DeFi #Web3 #Crypto
The Hyperliquid token has reached a new peak, triggering a full-on explosion in the HyperEVM ecosystem. Kinetiq (KNTQ), with a TVL exceeding $1 billion as a liquid staking protocol, has surged 72% in the last 30 days; NEST, boasting an 86.6% staking rate with its vote-escrowed DEX model, has shot up 739% in 30 days; and Purr (PURR), the community mascot meme coin, has gained 93% in the same timeframe.
The Kinetiq protocol uses its revenue to buy back KNTQ and distribute it to stakers, while NEST allocates 100% of its fees to stakers, with voting determining liquidity incentives, creating a "staking-voting-incentive" positive spiral.
Why this matters: The strong momentum of HYPE is pushing capital from platform coins into the application layer, making the HyperEVM ecosystem one of the most explosive sectors in this bull run.
#Hyperliquid #DeFi #Web3 #Crypto