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Kinetiq Token Launch Sees TVL Drop 60% from October Highs
11/30/2025, 11:05
AI SUMMARY
●Kinetiq launched governance token KNTQ on Nov 27 with ~$170M FDV
●Total Value Locked dropped 60% from October highs of $2.63B to $1.1B
●Current token price stands at approximately $0.17
Kinetiq launched its governance token, KNTQ, on November 27, which is currently trading around $0.17 with a fully diluted valuation of approximately $170 million.
Despite the launch, the protocol's Total Value Locked (TVL) has experienced a significant decline, falling 60% from $2.63 billion in October to approximately $1.1 billion currently.