Key Metrics
Fees (Annualized)$1.44m
Fees 30d$79,931
Hyperliquid L1$79,931
Fees 7d$24,693
Hyperliquid L1$24,693
Fees 24h$3,490
Hyperliquid L1$3,490
Cumulative Fees$882,746
Hyperliquid L1$882,746
Revenue (Annualized)$1.37m
Revenue 30d$42,227
Hyperliquid L1$42,227
Revenue 7d$14,906
Hyperliquid L1$14,906
Revenue 24h$2,404
Hyperliquid L1$2,404
Cumulative Revenue$843,438
Hyperliquid L1$843,438
Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0
Hyperliquid L1$0
Holders Revenue 7d$0
Hyperliquid L1$0
Holders Revenue 24h$0
Hyperliquid L1$0
Cumulative Holders Revenue$0
Hyperliquid L1$0
Perp Volume 30d$257.45m
Perp Volume 30d by chain
Hyperliquid L1$257.45m
Perp Volume 7d$69.2m
Hyperliquid L1$69.2m
Perp Volume 24h$9.68m
Hyperliquid L1$9.68m
Cumulative Perp Volume$4.417b
Hyperliquid L1$4.417b
$4.19m
Protocol Information
Kinetiq Markets is a fully onchain perpetuals DEX built on Hyperliquid, powered by kmHYPE — an exchange LST that lets users co-own trading fees and liquidity for global markets.
Sub Category: Hyperliquid HIP3 Deployer
Audits:
Methodology
Fees: Trading fees paid by users on Hyperliquid via Kinetiq's builder code and its HIP-3 markets.View code on GitHubRevenue: Builder-code fees (retained by Kinetiq) plus Kinetiq's deployer-fee cut of its HIP-3 market fees.View code on GitHubHolders Revenue: View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Frequently Asked Questions
What chains does Kinetiq Markets operate on?
Kinetiq Markets operates on Hyperliquid L1.
How much has Kinetiq Markets generated in fees and revenue?
Over the past 30 days, Kinetiq Markets generated $79,931 in fees. Of that, $42,227 was protocol revenue. Based on the trailing year, the annualized rate is $1.44m in fees and $1.37m in revenue.
How does Kinetiq Markets' TVL compare to similar protocols?
Among Interface protocols tracked by DefiLlama, Kinetiq Markets ranks #104 by TVL. The category holds $1.71m across 181 protocols, and Kinetiq Markets accounts for 0% of that total. Other leading protocols include Ventuals, LiquidBots, Jupiter Prediction, DESK CLOB, DFlow Prediction Market, Raydium Perps, PriveX, pvp.trade, Axiom Perps, and Phantom Perps.
How much perpetual futures volume does Kinetiq Markets process?
Kinetiq Markets processed $257.45m in perpetual futures volume over the past 30 days.

