Markets by Kinetiq
DEXOpen Interest
$7.07mKey Metrics
Volume (30d)$124.94m
7d$19.7m
24h$940,624
All-time$774.74m
Turnover (30d)17.7x
Markets2
Reference Assets2
Asset Groups1
Share of DEX OI0.1%
Est. Fees (30d)$5,622
24h$42.33
All-time$34,864
Est. Annual$68,403
Markets
| Market | Open Interest | Volume | Price | Funding | Est. Fees | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | Asset Type | Access Model | Pair | Interval | ||||||||||||
| mkts:ustechNasdaq-100 Index | Equity Perp | Permissionless | $4.96m | -1.83% | $701,505 | $10.14m | $53.72m | USTECH-USDH | $721.09 | +1.08% | +0.004% | +5.00% | 1h | 25x | $31.57 | $2,417 |
| mkts:us500S&P 500 Index | Equity Perp | Permissionless | $2.1m | -4.57% | $239,119 | $9.56m | $71.22m | US500-USDH | $769.52 | +0.52% | -0.014% | +5.00% | 1h | 25x | $10.76 | $3,205 |
About Markets by Kinetiq
Markets by Kinetiq is a HIP-3 builder-deployed perpetual venue on Hyperliquid covering public equities, equity indices, and commodities (including international names like Tencent, Xiaomi, and the Nikkei 225). Founded in late 2024 by a 13-person team led by pseudonymous founder Omnia.hl and CTO Justin Greenberg, Kinetiq raised $1.75M from Hyperliquid-ecosystem investors and partnered with Kaiko for institutional 24/7 global market data. Positions are margined and cash-settled in USDH; markets appear under the km namespace on Hyperliquid. Kinetiq's broader stack also includes kHYPE liquid staking and a "Launch" platform that lets third-party teams deploy their own HIP-3 perpetual exchanges.
Entity
Legal entityKinetiq
Primary chainHyperliquid L1
Registry
Kinetiq was founded in late 2024 by a 13-person team active in crypto since 2013, led by pseudonymous founder Omnia.hl ("0xOmnia") and Co-Founder/CTO Justin Greenberg. The team raised $1.75M seed funding from investors within the Hyperliquid ecosystem. Beyond Markets (perpetual trading), Kinetiq operates kHYPE liquid staking, iHYPE institutional staking, and a Launch platform that lets external teams deploy their own HIP-3 perpetual exchanges; Kaiko provides institutional market data.
Markets
Open Interest by asset group
Asset classes
Fees & revenue
Revenue modelMaker/Taker Fees
ConfidenceIssuer-Disclosed
Margin Settlement AssetsUSDH (Hyperliquid)
Fees Last Verified2026-05-11
Markets by Kinetiq is a HIP-3 builder-deployer on Hyperliquid. Fees follow HIP-3 framework: standard taker ~7-9 bps, Growth Mode taker ~0.45-0.9 bps. 50% of fees go to Kinetiq deployer, 50% to Hyperliquid protocol. Source: https://hyperliquid.gitbook.io/hyperliquid-docs/hyperliquid-improvement-proposals-hips/hip-3-builder-deployed-perpetuals