Key Metrics
Fees 30d$140,976
Fees 30d by chain
Hyperliquid L1$140,976
Fees 7d$50,662
Hyperliquid L1$50,662
Fees 24h$12,314
Hyperliquid L1$12,314
Cumulative Fees$997,291
Hyperliquid L1$997,291
Revenue 30d$85,403
Revenue 30d by chain
Hyperliquid L1$85,403
Revenue 7d$35,110
Hyperliquid L1$35,110
Revenue 24h$7,315
Hyperliquid L1$7,315
Cumulative Revenue$913,031
Hyperliquid L1$913,031
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$419.1m
Perp Volume 30d by chain
Hyperliquid L1$419.1m
Perp Volume 7d$132.62m
Hyperliquid L1$132.62m
Perp Volume 24h$26.87m
Hyperliquid L1$26.87m
Cumulative Perp Volume$4.763b
Hyperliquid L1$4.763b
$5.51m
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 $140,976 in fees. Of that, $85,403 was protocol revenue. Based on the trailing year, the annualized rate is $1.49m 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 $992,502.78 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 $419.1m in perpetual futures volume over the past 30 days.

