Kinetiq, a liquid implementation protocol built around the hyperliquid media threshing token, has seen an explosion of entries in recent weeks while users are accumulating to cultivate the protocol airline campaign.
Total locked value (TVL) On Kinetiq, increased from around $ 458 million in mid-July to more than $ 2.1 billion today, according to Defilma.
Although a part of the increase can be awarded to a 20% increase in the price of media over the same period, another large driver was raw deposits. The amount of the media threw has increased from less than 10 million tokens in July to almost 40 million now. The Kinetiq points program opened in mid-July, stressing that it stimulates activity in its ecosystem.
The thrust demonstrates the growing influence of hyperliquid, which quickly becomes a truck deffruit such as liquidity, commercial activity and the demand for intention migrate on its ecosystem.
The points programs in particular, where the protocols distribute future tokens allowances to the first participants, continue to draw cryptographic investors eager for return. By punctuating media threshing via Kinetiq, users obtain not only standard stale rewards, but also accumulate points to a potential kinetiq token plateau.
For many DEFI traders, this double -yielding occasion has proven irresistible, some have shared on X.
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