Key Metrics
Fees 30d$34,441
Fees 30d by chain
Hyperliquid L1$34,441
Fees 7d$3,188
Hyperliquid L1$3,188
Fees 24h$467
Hyperliquid L1$467
Cumulative Fees$870,989
Hyperliquid L1$870,989
Revenue 30d$9,169
Revenue 30d by chain
Hyperliquid L1$9,169
Revenue 7d$1,065
Hyperliquid L1$1,065
Revenue 24h$171
Hyperliquid L1$171
Cumulative Revenue$96,415
Hyperliquid L1$96,415
Holders Revenue 30d$0
Holders Revenue 30d by chain
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$147.39m
Perp Volume 30d by chain
Hyperliquid L1$147.39m
Perp Volume 7d$17.11m
Hyperliquid L1$17.11m
Perp Volume 24h$2.57m
Hyperliquid L1$2.57m
Cumulative Perp Volume$4.647b
Hyperliquid L1$4.647b
Open Interest$8.94m
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 Kinetiq's HIP-3 markets on Hyperliquid.View code on GitHubRevenue: 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
Kinetiq Markets history
Fees, revenue and holders revenue by UTC calendar month, Jan 2026 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Jan 2026 | $143,638 | $0 | $0 |
| Feb 2026 | $159,613 | $0 | $0 |
| Mar 2026 | $139,722 | $8,704 | $0 |
| Apr 2026 | $76,515 | $21,221 | $0 |
| May 2026 | $93,373 | $21,079 | $0 |
| Jun 2026 | $44,092 | $9,644 | $0 |
| Jul 2026 | $43,925 | $6,868 | $0 |
| Aug 2026 | $60,833 | $9,376 | $0 |
| Sep 2026 | $92,553 | $13,296 | $0 |
| Oct 2026 (to date) | $16,725 | $6,227 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/kinetiq-markets
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 $34,441 in fees. Of that, $9,169 was protocol revenue. Based on the trailing year, the annualized rate is $1.1m in fees and $159,961 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 $585,395 across 341 protocols, and Kinetiq Markets accounts for 0% of that total. Similar protocols include Ventuals, LiquidBots, Jupiter Prediction, otomate.trade, DESK CLOB, DFlow Prediction Market, Raydium Perps, PriveX, pvp.trade Perps, and Axiom Perps.
How much perpetual futures volume does Kinetiq Markets process?
Kinetiq Markets processed $147.39m in perpetual futures volume over the past 30 days.