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Fiat Exchange
Liquid Staking Token (LST) Basics & Market Insights
Market Analysis
Decoding the Kinetiq Model: Can the Fusion of LST Liquidity and Order Books Usher in the Next Era for DEXs?HYPE is leveraging LST protocols and the HIP-3 upgrade to evolve from a single perpetual DEX into an "exchange factory." This article breaks down its innovative model and explores its impact on the industry.2026-03-02

Kinetiq’s Exclusive Strategy: From LST Protocols to “Exchange Factories”—How Order Books Are Ushering in an On-Chain RevolutionKinetiq has evolved from an LST protocol into an “exchange factory,” with its TVL surpassing $700 million. This article breaks down how HIP-3 is reshaping the rules for order book DEX creation and analyzes the structural impact of the “exchange-as-a-service” model on on-chain liquidity and asset innovation.2026-02-26

From LST Pioneer to “Exchange Factory”: How Kinetiq Is Transforming the On-Chain LandscapeKinetiq’s core product—the liquid staking token kHYPE—serves as a critical foundational component within both the HyperCore and HyperEVM ecosystems.2026-02-24

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