Kinetic

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Kinetic's governance or utility token carries a market capitalisation of 2,9 M US$ based on circulating supply at the latest DeFiLlama snapshot. The token's market cap (2,9 M US$) is small relative to deposits secured by the protocol (81,7 M US$); a mcap/TVL multiple of 0.03× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Eventos importantes señalados por la comunidad de DeFiLlama — lanzamientos del protocolo, exploits, cambios de gobernanza y programas de incentivos.

1. Jul 23, 2024
   Listado en DeFiLlama

Kinetic is a Lending protocol that lets users supply assets as collateral, borrow against them, and earn interest from borrowers paying variable or stable rates. It is deployed on Flare. The codebase has been independently audited (1 report on file).

Kinetic is a single-chain protocol, deployed exclusively on Flare — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Flare, Flare-borrowed, borrowed), so a fault on any one of them would affect a large slice of users. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap (2,9 M US$) is small relative to TVL (81,7 M US$) — a mcap/TVL ratio of 0.03 is often read as the token being structurally undervalued versus the activity it secures.

Verified external resources for Kinetic — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Kinetic is one of 7 Lending protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Aave V3, Morpho V1, JustLend, and 3 more. These peer protocols collectively secure 43,4 mil M US$ in deposits, giving you a frame of reference for whether Kinetic's own TVL is at the top, middle, or tail of the category.

Aave V3

TVL 26,2 mil M US$ · 24h +0.16%

Morpho V1

TVL 7035,6 M US$ · 24h +0.57%

JustLend

TVL 3412,9 M US$ · 24h +1.86%

Maple

TVL 2423,3 M US$ · 24h -1.17%

SparkLend

TVL 2235,3 M US$ · 24h +3.62%

Kamino Lend

TVL 2077,2 M US$ · 24h -0.02%