Key Metrics
Fees 30d$128,249
Fees 30d by chain
Hyperliquid L1$128,249
Fees 7d$45,869
Hyperliquid L1$45,869
Fees 24h$2,287
Hyperliquid L1$2,287
Cumulative Fees$980,773
Hyperliquid L1$980,773
Revenue 30d$76,493
Revenue 30d by chain
Hyperliquid L1$76,493
Revenue 7d$33,799
Hyperliquid L1$33,799
Revenue 24h$1,542
Hyperliquid L1$1,542
Cumulative Revenue$902,481
Hyperliquid L1$902,481
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$389.24m
Perp Volume 30d by chain
Hyperliquid L1$389.24m
Perp Volume 7d$123.41m
Hyperliquid L1$123.41m
Perp Volume 24h$5.2m
Hyperliquid L1$5.2m
Cumulative Perp Volume$4.725b
Hyperliquid L1$4.725b
$6.21m
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 $128,249 in fees. Of that, $76,493 was protocol revenue. Based on the trailing year, the annualized rate is $1.47m in fees and $1.36m 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 $1.13m across 186 protocols, and Kinetiq Markets accounts for 0% of that total. Other leading protocols include Ventuals, LiquidBots, Jupiter Prediction, otomate.trade, DESK CLOB, DFlow Prediction Market, Raydium Perps, PriveX, pvp.trade, and Axiom Perps.
How much perpetual futures volume does Kinetiq Markets process?
Kinetiq Markets processed $389.24m in perpetual futures volume over the past 30 days.

