[Kraken Launches kHYPE, Supporting DeFi Usage on the Ink Chain] TechFlow News, September 09: Kraken announced that kHYPE is now live. kHYPE is a wrapped version of HYPE, custodied by Kraken and backed 1:1, which can be verified on-chain and used in decentralized financial applications on the Ink Chain. Users can redeem it for HYPE at any time.