Total Value Locked$6.3m
TVL by Chain
Hyperliquid L1$6.3m
Key Metrics
Fees 30d$8,922
Fees 30d by chain
Hyperliquid L1$8,922
Fees 7d$2,398
Hyperliquid L1$2,398
Fees 24h$374
Hyperliquid L1$374
Cumulative Fees$25,651
Hyperliquid L1$25,651
Revenue 30d$889.93
Revenue 30d by chain
Hyperliquid L1$889.93
Revenue 7d$239
Hyperliquid L1$239
Revenue 24h$37
Hyperliquid L1$37
Cumulative Revenue$2,565
Hyperliquid L1$2,565
Holders Revenue 30d$624.65
Holders Revenue 30d by chain
Hyperliquid L1$624.65
Holders Revenue 7d$167
Hyperliquid L1$167
Holders Revenue 24h$26
Hyperliquid L1$26
Cumulative Holders Revenue$1,794
Hyperliquid L1$1,794
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 $6.3m in total value locked. TVL has increased 50.9% 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 $8,922 in fees. Of that, $889.93 was protocol revenue. Based on the trailing year, the annualized rate is $79,536 in fees and $7,954 in revenue.
How does Kinetiq Launch's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, Kinetiq Launch ranks #78 by TVL. The category holds $56.879b across 267 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.

