Key Metrics
Fees 30d$6,349.02
Fees 30d by chain
Hyperliquid L1$6,349.02
Fees 7d$1,692
Hyperliquid L1$1,692
Fees 24h$233
Hyperliquid L1$233
Cumulative Fees$17,774.04
Hyperliquid L1$17,774.04
Revenue 30d$634.35
Revenue 30d by chain
Hyperliquid L1$634.35
Revenue 7d$169.01
Hyperliquid L1$169.01
Revenue 24h$23.01
Hyperliquid L1$23.01
Cumulative Revenue$1,778.8
Hyperliquid L1$1,778.8
Holders Revenue 30d$444.23
Holders Revenue 30d by chain
Hyperliquid L1$444.23
Holders Revenue 7d$118.01
Hyperliquid L1$118.01
Holders Revenue 24h$16.01
Hyperliquid L1$16.01
Cumulative Holders Revenue$1,242.54
Hyperliquid L1$1,242.54
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 $3.91m in total value locked. TVL has increased 44.9% 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 $6,349.02 in fees. Of that, $634.35 was protocol revenue. Based on the trailing year, the annualized rate is $70,356.92 in fees and $7,042.45 in revenue.
How does Kinetiq Launch's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, Kinetiq Launch ranks #84 by TVL. The category holds $53.002b 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.

