Key Metrics
Fees 30d$6,219.02
Fees 30d by chain
Hyperliquid L1$6,219.02
Fees 7d$1,733
Hyperliquid L1$1,733
Fees 24h$231
Hyperliquid L1$231
Cumulative Fees$17,083.04
Hyperliquid L1$17,083.04
Revenue 30d$620.59
Revenue 30d by chain
Hyperliquid L1$620.59
Revenue 7d$173.04
Hyperliquid L1$173.04
Revenue 24h$23
Hyperliquid L1$23
Cumulative Revenue$1,709.79
Hyperliquid L1$1,709.79
Holders Revenue 30d$434.4
Holders Revenue 30d by chain
Hyperliquid L1$434.4
Holders Revenue 7d$121.03
Hyperliquid L1$121.03
Holders Revenue 24h$16
Hyperliquid L1$16
Cumulative Holders Revenue$1,194.53
Hyperliquid L1$1,194.53
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 $3.85m in total value locked. TVL has increased 42.7% 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 $6,219.02 in fees. Of that, $620.59 was protocol revenue. Based on the trailing year, the annualized rate is $70,059.66 in fees and $7,012.06 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 $52.513b 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.

