CoinScoopKraken Launches kHYPE for DeFi Use on Ink Chain
Kraken has introduced kHYPE, a wrapped version of HYPE held in custody by the exchange at a 1:1 ratio. The token is verifiable on-chain and is designed for use within decentralized finance applications on the Ink chain. Users retain the ability to redeem kHYPE for HYPE at any time.
Summaries are written by AI from the original article. Not investment advice.