Key Metrics
Fees (Annualized)$67,295.68
Fees 30d$5,066.02
Hyperliquid L1$5,066.02
Fees 7d$1,388
Hyperliquid L1$1,388
Fees 24h$237
Hyperliquid L1$237
Cumulative Fees$13,143.02
Hyperliquid L1$13,143.02
Revenue (Annualized)$6,927.49
Revenue 30d$507.6
Hyperliquid L1$507.6
Revenue 7d$139.25
Hyperliquid L1$139.25
Revenue 24h$24
Hyperliquid L1$24
Cumulative Revenue$1,314.6
Hyperliquid L1$1,314.6
Holders Revenue (Annualized)$4,833.14
Holders Revenue 30d$352.42
Hyperliquid L1$352.42
Holders Revenue 7d$97.17
Hyperliquid L1$97.17
Holders Revenue 24h$17
Hyperliquid L1$17
Cumulative Holders Revenue$917.42
Hyperliquid L1$917.42
Protocol Information
Launch is an Exchange-as-a-Service (EaaS) platform built on Hyperliquid's HIP-3 protocol, enabling anyone to deploy and operate their own perpetual futures exchange.
Audits:
Methodology
TVL: Sums the HYPE backing every bonded Kinetiq Launch LST. Bonded markets are discovered on-chain from the factory MarketBonded event and resolved via getMarketContracts; each market's TVL is totalStaked - totalClaimed + totalRewards - totalSlashing read from its staking accountant.View code on GitHubFees: Gross validator staking rewards generated by Kinetiq Launch LSTs.View code on GitHubRevenue: 10% performance fee taken on LST staking rewards (the full fee accrues to Kinetiq).View code on GitHubHolders Revenue: Buyback share (default 70%) of the performance fee.View code on GitHubCompetitors
Frequently Asked Questions
What is Kinetiq Launch's TVL?
Kinetiq Launch currently has $3.8m in total value locked. TVL has increased 23% over the past 30 days.
What chains does Kinetiq Launch operate on?
Kinetiq Launch operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.
How much has Kinetiq Launch generated in fees and revenue?
Over the past 30 days, Kinetiq Launch generated $5,066.02 in fees. Of that, $507.6 was protocol revenue. Based on the trailing year, the annualized rate is $67,295.68 in fees and $6,927.49 in revenue.
How does Kinetiq Launch's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, Kinetiq Launch ranks #85 by TVL. The category holds $50.734b across 270 protocols, and Kinetiq Launch accounts for <0.1% of that total. Other leading protocols include Kinetiq kHYPE, stHYPE, Kinetiq kmHYPE, Hyperbeat LST, Kintsu, SpinUp Liquid Staking, Stratium HYPE Staking, Lido, Binance staked ETH, and ether.fi Stake.

