Key Metrics
Fees 30d$6,420.02
Fees 30d by chain
Hyperliquid L1$6,420.02
Fees 7d$1,668
Hyperliquid L1$1,668
Fees 24h$234
Hyperliquid L1$234
Cumulative Fees$18,008.04
Hyperliquid L1$18,008.04
Revenue 30d$641.36
Revenue 30d by chain
Hyperliquid L1$641.36
Revenue 7d$166.02
Hyperliquid L1$166.02
Revenue 24h$23.01
Hyperliquid L1$23.01
Cumulative Revenue$1,801.81
Hyperliquid L1$1,801.81
Holders Revenue 30d$449.24
Holders Revenue 30d by chain
Hyperliquid L1$449.24
Holders Revenue 7d$116.02
Hyperliquid L1$116.02
Holders Revenue 24h$16.01
Hyperliquid L1$16.01
Cumulative Holders Revenue$1,258.55
Hyperliquid L1$1,258.55
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 $3.88m in total value locked. TVL has increased 42.8% 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 $6,420.02 in fees. Of that, $641.36 was protocol revenue. Based on the trailing year, the annualized rate is $70,516.57 in fees and $7,057.2 in revenue.
How does Kinetiq Launch's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, Kinetiq Launch ranks #84 by TVL. The category holds $52.281b across 272 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.

