Key Metrics
Fees 30d$128,527
Fees 30d by chain
Hyperliquid L1$128,527
Fees 7d$43,582
Hyperliquid L1$43,582
Fees 24h$4,246
Hyperliquid L1$4,246
Cumulative Fees$978,486
Hyperliquid L1$978,486
Revenue 30d$76,147
Revenue 30d by chain
Hyperliquid L1$76,147
Revenue 7d$32,257
Hyperliquid L1$32,257
Revenue 24h$2,823
Hyperliquid L1$2,823
Cumulative Revenue$900,939
Hyperliquid L1$900,939
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$393.98m
Perp Volume 30d by chain
Hyperliquid L1$393.98m
Perp Volume 7d$118.21m
Hyperliquid L1$118.21m
Perp Volume 24h$12.47m
Hyperliquid L1$12.47m
Cumulative Perp Volume$4.719b
Hyperliquid L1$4.719b
$5.97m
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 $128,527 in fees. Of that, $76,147 was protocol revenue. Based on the trailing year, the annualized rate is $1.48m 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 $1.12m 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 $393.98m in perpetual futures volume over the past 30 days.

