Felix Exchange vs Markets by Kinetiq

Name: Felix Exchange vs Markets by Kinetiq OpenChainBench measurements
Creator: OpenChainBench
License: https://creativecommons.org/licenses/by/4.0/

Felix Exchange vs Markets by Kinetiq on 1 shared OpenChainBench benchmark, awaiting live measurements.

Read methodology Last measured Sun, 23 Aug 2026 04:54:35 UTCWindow: rolling 24h1 shared benchmark

Felix Exchange

Felix Exchange is the HIP-3 dex of Felix, the Hyperliquid-native lending and stablecoin protocol; it deploys commodity and macro perp markets under the flx namespace.

Markets by Kinetiq

Markets by Kinetiq is the HIP-3 dex of Kinetiq, the Hyperliquid liquid staking protocol; it deploys equity and index basket perp markets under the km namespace.

Side by side measurements

Hyperliquid HIP-3 deployer revenue leaderboard

Trading

Provider	Volume routed	Users 24h	Markets 24h	Effective fee bps
Felix Exchange	-	-	-	-
Markets by Kinetiq	-	-	-	-

Ranking is by raw deployer fee revenue in USD, not by value for traders. Bigger number means more fees collected via the on-chain deployerFee field on the dex's namespaced markets. For the trader cost perspective, switch to the Effective fee bps companion tab. Core Hyperliquid markets (no namespace) carry no deployer fee and are excluded. Every namespace is matched to its operating team via the on-chain perpDexs registry (deployer address and full name are public).

Frequently asked questions

Felix Exchange vs Markets by Kinetiq: which one is better?

Felix Exchange and Markets by Kinetiq are compared on 1 shared OpenChainBench benchmarks. See the live table on this page for every metric.

How is the Felix Exchange vs Markets by Kinetiq comparison measured?

Every benchmark on this page uses the same open methodology, published at https://openchainbench.com/methodology. Data is CC-BY-4.0. Measurement harnesses are MIT-licensed.

How this pair was selected

Auto-generated pairs require: both providers in the same benchmark for seven consecutive days, at least 1000 samples per provider, observable third-party search demand, and a public /products/[slug] page on OCB. Editorially curated pairs (like this one) may publish early when search demand is high and data is accruing — panels with fewer than 100 samples are shown as provisional. The full pair ledger is versioned in the public repo.