Markets.xyz Launches kmHYPE Staking for KNTQ Holders on December 8th
**Markets.xyz** introduces **kmHYPE**, allowing users to co-own onchain capital markets for the first time.
**Key Details:**
- **Launch date:** December 8th at 13:00 UTC
- **Mechanism:** KNTQ holders can stake kHYPE 1:1 for kmHYPE
- **Built on proven architecture** that has secured billions in TVL
**Three Cohorts Available:**
- **Cohort 1:** KNTQ 1-100 holders → 555,555 kmHYPE (max 28,888 per wallet)
- **Cohort 2:** KNTQ 101-1,000 holders → 222,222 kmHYPE (max 2,888 per wallet)
- **Cohort 3:** KNTQ 1,000+ holders → 111,111 kmHYPE (max 888 per wallet)
**Important Notes:**
- Cohorts determined by historic and time-weighted KNTQ holdings
- All allocations are **first-come, first-served**
- Allocation caps ensure broad distribution
- Not every wallet guaranteed maximum allocation
This marks the beginning of user-owned global markets onchain through [Markets.xyz](https://x.com/markets_xyz/status/1995845349861183625).