Kinetiq Becomes 5th HIP-3 DEX on Hyperliquid Mainnet, Launches US500, BABA and EUR/USD Markets

COINOTAG News reports that, roughly two hours ago, MLM Monitor confirmed that Kinetiq, operating as Markets by Kinetiq within the Hyperliquid ecosystem, completed its HIP-3 DEX registration. This milestone positions Kinetiq as the fifth HIP-3 decentralized exchange deployed on Hyperliquid’s mainnet, reflecting ongoing momentum in regulated crypto derivatives infrastructure.

Initially listed markets include US500 (S&P 500 index) with up to 10x leverage, BABA (Alibaba) with up to 10x leverage, and EUR/USD with up to 50x leverage. The rollout underscores Kinetiq’s focus on scalable liquidity provision and trader access to marquee assets through margin-enabled products.