Kinetiq, a liquid bet protocol built around the hyperliquid hype token, has seen an explosion of tickets in recent weeks as users accumulate to cultivate the protocol air points campaign.
Total blocked value (TVL) In Kinetiq, it has increased from approximately $ 458 million in mid -July to more than $ 2.1 billion today, according to defilllam.
While part of the increase can be attributed to a 20% increase in the price of exaggeration during the same period, another large driver has been raw deposits. The amount of exaggeration has increased from less than 10 million chips in July to almost 40 million now. The Kinetiq points program opened in mid -July, stressing that it is promoting activity in its ecosystem.
The increase demonstrates the growing influence of hyperlichid, which is quickly becoming a heavyweight defi as liquidity, commercial activity and demand that the demand migrates to its ecosystem.
Point programs in particular, where protocols distribute future tokens assignments to the first participants, continue to attract performance hungry performance investors. By replacing exaggeration through Kinetiq, users not only gain standard rewards, but also accumulate points towards a potential airdrop tokens kinetiq.
For many Defi merchants, this double performance opportunity has proven to be irresistible, some have shared in X.
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