Data: KNTQ Token valuation reaches 170 million USD, protocol TVL has fallen by 60%

GateNews

2025-11-30 10:33:18

ChainCatcher news, the liquid staking platform Kinetiq based on the Hyperliquid Blockchain, will launch its governance token KNTQ on November 27. Currently, the price of KNTQ is $0.17, with a fully diluted valuation (FDV) of approximately $170 million. However, according to a report by The Defiant, Kinetiq's Total Value Locked (TVL) has decreased by about 60% from $2.63 billion early in October to approximately $1.1 billion, likely due to airdrop users closing their positions before the Token issuance.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments