Kinetiq

About

Kinetiq is a Hyperliquid / HyperEVM yield platform. The Kinetiq Earn Vault is built on the Veda BoringVault stack (Teller + on-chain withdrawal queue). Users deposit kHYPE and receive vkHYPE, an ERC-20 vault share token. Yield accrues automatically through share-price appreciation (pricePerShare / accountant rate) — there is no separate reward token to claim.

From the user perspective:

1. Approve kHYPE for the vault (BoringVault / Teller path)
2. Deposit kHYPE via the Teller → mint vkHYPE shares
3. Yield compounds in place via the vault exchange rate
4. Exit by requesting an on-chain withdrawal through the Queue → after the cooldown, kHYPE is returned

APYs are sourced from the on-chain Accountant rate (getRateInQuoteSafe).

Pending Actions

None.

Withdrawals do not require a separate user-signed claim step once the queue request matures. While a withdrawal is in progress, the position surfaces as an unstaking balance until settlement completes.

Considerations

• Deposit via Teller: Enter builds APPROVAL (kHYPE → vault) then STAKE calling the Teller deposit. Freshly minted shares are subject to the Teller's share lock period (~24h) before they can be withdrawn.
• Queue-based exit (not ERC-4626 redeem): Exit is not an instant redeem. It builds APPROVAL (vkHYPE → Queue) then UNSTAKE calling requestOnChainWithdraw on the BoringOnChainQueue. Metadata exposes a 1-day cooldown.
• Share-price accrual: vkHYPE does not rebase. Position value grows as the accountant rate increases; balances are denominated in kHYPE for the staked position.
• No Merkl / extra claim tokens: Unlike some Veda Plasma deployments, this vault has no Merkl reward token — only the vkHYPE share.

Contracts

List of Integration IDs

HyperEVM