Introduces staking tiers for sKNTQ with five levels ranging from 50,000 to 2,500,000 sKNTQ, where kmHYPE minting allocations vary by tier.

888,888 kHYPE raised at Kinetiq to back kmHYPE for markets_xyz.

Spearbit completes security audit of kmHYPE and Kinetiq's launch infrastructure, covering EXManager, HIP3StakingManager, withdrawal queues, cross layer staking, validator bonding, slashing, and user exits.

USDH generated from the protocol is distributed to kmHYPE stakers and used to purchase HYPE, which increases the kmHYPE:HYPE exchange ratio.

LI.FI integration powers the swap functionality for kmHYPE and related tokens (kHYPE, vKHYPE).

PRJX enables swapping into kmHYPE from any coin following closure of the deposit window.

kmHYPE minting executed with KNTQ-gated access, and markets_xyz becomes the first HIP-3 enabled platform to leverage Kinetiq Launch infrastructure.

KNTQ holders can mint kmHYPE tokens on first-come-first-served basis beginning December 8.

Kinetiq introduces "Markets" on Hyperliquid and launches kmHype as a new stablecoin.

Maximum supply capped at 888,888 tokens, offering 2.2% staking return plus 10% revenue share from marketsxyz hip-3 markets.

Minting event launches exclusively for KNTQ holders across 3 cohorts, offering 10% minimum gross revenue distribution to kmHYPE holders and 1:1 staking conversion from kHYPE to kmHYPE.