# Kinetiq kHYPE

> Not investment advice. Ratings describe on-chain configuration only and may contain errors.

Snapshot 2026-10-24, methodology v0.2. Source: Celebtir, CC BY 4.0.

## Summary

- Chain: hyper_evm
- Category: liquid-staking
- Stage: Stage 0
- TVL: unavailable: DefiLlama has no listing for this protocol
- Website: https://kinetiq.xyz/
- Every core program has a verified build

## Value

Asset groups unavailable: DefiLlama has no listing for this protocol.
No tokens are listed for this protocol in the registry.

## Activity

- 24h volume: unavailable: DefiLlama has no listing for this protocol
- 24h fees: unavailable: DefiLlama has no listing for this protocol

## Risk summary

- High: An approved upgrade takes effect immediately. Withdrawal completion within that period is not established by these configuration facts.
- Medium: Core program code can be replaced by 4 of 8 voters of multisig 0x18A82c968b992D28D4D812920eB7b4305306f8F1.

## Risk analysis

- Upgrade control: **Medium**. Safe multisig, 4 of 8 voters, time lock 0 s. To improve: a multisig of 5+ voters at a 60%+ threshold → LOW, or make the program immutable.
  - Evidence: [0x393D0B87Ed38fc779FD9611144aE649BA6082109](https://hyperevmscan.io/address/0x393D0B87Ed38fc779FD9611144aE649BA6082109) `eip1967.admin` at slot 49425943
  - Evidence: [0x8194Aa9eCa9225F96a690072B22a9Ad0Dd064F64](https://hyperevmscan.io/address/0x8194Aa9eCa9225F96a690072B22a9Ad0Dd064F64) `owner()` at slot 49425943
  - Evidence: [0x18A82c968b992D28D4D812920eB7b4305306f8F1](https://hyperevmscan.io/address/0x18A82c968b992D28D4D812920eB7b4305306f8F1) `getThreshold(), getOwners()` at slot 49425943
- Upgrade delay: **High**. time lock 0 s. To improve: a time lock of 24 h+ → MEDIUM; 5 days+ → LOW.
  - Evidence: [0x393D0B87Ed38fc779FD9611144aE649BA6082109](https://hyperevmscan.io/address/0x393D0B87Ed38fc779FD9611144aE649BA6082109) `eip1967.admin` at slot 49425943
  - Evidence: [0x8194Aa9eCa9225F96a690072B22a9Ad0Dd064F64](https://hyperevmscan.io/address/0x8194Aa9eCa9225F96a690072B22a9Ad0Dd064F64) `owner()` at slot 49425943
  - Evidence: [0x18A82c968b992D28D4D812920eB7b4305306f8F1](https://hyperevmscan.io/address/0x18A82c968b992D28D4D812920eB7b4305306f8F1) `getThreshold(), getOwners()` at slot 49425943
- Admin powers: **Low**. the registry lists no admin accounts; the evidence is the core programs' upgrade reads. To improve: none: LOW is the lowest risk level.
  - Evidence: [0x393D0B87Ed38fc779FD9611144aE649BA6082109](https://hyperevmscan.io/address/0x393D0B87Ed38fc779FD9611144aE649BA6082109) `eip1967.admin` at slot 49425943
  - Evidence: [0x8194Aa9eCa9225F96a690072B22a9Ad0Dd064F64](https://hyperevmscan.io/address/0x8194Aa9eCa9225F96a690072B22a9Ad0Dd064F64) `owner()` at slot 49425943
  - Evidence: [0x18A82c968b992D28D4D812920eB7b4305306f8F1](https://hyperevmscan.io/address/0x18A82c968b992D28D4D812920eB7b4305306f8F1) `getThreshold(), getOwners()` at slot 49425943
- Code transparency: **Low**. verified build of https://repo.sourcify.dev/999/0x23fDA3B9f944DbEAf2DCD5e7b9f8207b102c933f at sourcify:exact_match. To improve: none: LOW is the lowest risk level.
  - Evidence: [0x23fDA3B9f944DbEAf2DCD5e7b9f8207b102c933f](https://hyperevmscan.io/address/0x23fDA3B9f944DbEAf2DCD5e7b9f8207b102c933f) `sourcify verified source` at slot 49425943
- Oracle dependency: **Not applicable**. the registry lists no price feeds; the evidence is the core programs' upgrade reads. To improve: not applicable: nothing to improve.
  - Evidence: [0x393D0B87Ed38fc779FD9611144aE649BA6082109](https://hyperevmscan.io/address/0x393D0B87Ed38fc779FD9611144aE649BA6082109) `eip1967.admin` at slot 49425943
  - Evidence: [0x8194Aa9eCa9225F96a690072B22a9Ad0Dd064F64](https://hyperevmscan.io/address/0x8194Aa9eCa9225F96a690072B22a9Ad0Dd064F64) `owner()` at slot 49425943
  - Evidence: [0x18A82c968b992D28D4D812920eB7b4305306f8F1](https://hyperevmscan.io/address/0x18A82c968b992D28D4D812920eB7b4305306f8F1) `getThreshold(), getOwners()` at slot 49425943
- Dependencies: **Low**. calls no other programs with user funds (declared in the registry, not traced from transactions). To improve: none: LOW is the lowest risk level.
  - Evidence: [0x393D0B87Ed38fc779FD9611144aE649BA6082109](https://hyperevmscan.io/address/0x393D0B87Ed38fc779FD9611144aE649BA6082109) `registry dependencies` at slot 49425943

## Stage

Stage 0. Stages describe who can change the protocol and how fast. They don't measure code security.

- [x] Stage 0: core programs identified in the registry (1 core programs)
- [x] Stage 0: public source for every core program (all core programs have public source)
- [x] Stage 0: upgrade control readable for every core program (upgrade control read for all core programs)
- [x] Stage 1: upgrade control rated Low or Medium (MEDIUM: Safe multisig, 4 of 8 voters, time lock 0 s)
- [ ] Stage 1: upgrade delay of the Stage 1 minimum, unless upgrades need an emergency multisig (0x393D0B87Ed38fc779FD9611144aE649BA6082109: effective time lock 0 s; needs 5 days+ or an emergency multisig of 8+ voters at 75%+)
- [x] Stage 1: admin powers rated Low or Medium (LOW: the registry lists no admin accounts; the evidence is the core programs' upgrade reads)
- [x] Stage 1: no multisig has a single-key config authority (no single-key config authority)
- [x] Stage 1: verified builds for all core programs (all core programs verified)
- [x] Stage 1: every factor could be read (Unknown caps the Stage at 0) (no Unknown factors)
- [ ] Stage 2: core programs immutable, or upgradeable only through on-chain governance with a long delay (upgradeable without 30 days+ governance delay: 0x393D0B87Ed38fc779FD9611144aE649BA6082109)
- [x] Stage 2: no key can move or freeze user funds (no admin key can move or freeze funds)

## Control graph

- kHYPE StakingManager → Kinetiq kHYPE: core program
- Safe 4 of 8 · no delay → kHYPE StakingManager: can upgrade · no delay

## Permissions

- Safe 4 of 8 · no delay [0x18A82c968b992D28D4D812920eB7b4305306f8F1](https://hyperevmscan.io/address/0x18A82c968b992D28D4D812920eB7b4305306f8F1)
  - Upgrade the code: kHYPE StakingManager, no delay

## Programs

- kHYPE StakingManager [0x393D0B87Ed38fc779FD9611144aE649BA6082109](https://hyperevmscan.io/address/0x393D0B87Ed38fc779FD9611144aE649BA6082109): core, loader not read, controller Safe 4 of 8 · no delay, verified build of https://repo.sourcify.dev/999/0x23fDA3B9f944DbEAf2DCD5e7b9f8207b102c933f, last upgrade not read

## Upgrades & governance

- Upgrades: 0 so far (history still filling)
- Last upgrade: none
- Average interval: not enough upgrades

## Updates

- 2026-10-24 (info): kinetiq-khype added to coverage (detected within 3 days)

## Dependencies and sources

The sampled transactions called no other programs with user funds.
- Registry source for program kHYPE StakingManager (0x393D0B87Ed38fc779FD9611144aE649BA6082109): https://github.com/DefiLlama/DefiLlama-Adapters/blob/main/projects/kinetiq/index.js
- Registry entry last reviewed: 2026-10-21 by celebtir-loop-draft

Web page: /protocols/kinetiq-khype/