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Citadel Module ​

Citadel is Monarch's market deployment, capital, and automated trading fee routing module for Hyperliquid.

Citadel supports two different deployment paths:

  • HIP-1 spot deployers: Citadel helps projects handle the technical path to a Hyperliquid spot market, including direct deposit flow, token interoperability, market setup, auction bidding, deployment workflow, and launch readiness.
  • HIP-3 perp deployers: Citadel helps teams manage the 500,000 HYPE stake, crowdsourcing from capital providers, custody workflow, and automated trading fee routing required to operate a perpetual exchange.

What Citadel Solves ​

  • Market deployment: spot market setup requires precise HyperEVM and HyperCore coordination, including direct deposit flow and auction bidding.
  • Capital custody: HIP-3 stake and capital-provider funds need clear smart-contract rules instead of manual custody.
  • Automated trading fee routing: trading fees can be routed to capital providers, the deployer, operations, and liquidity campaigns.
  • Transparency: deposits, bridges, stake movement, deployment actions, and distributions are verifiable on-chain where applicable.
  • Settlement: if a deployment is cancelled or unwound, refund accounting follows the relevant vault workflow.

Deployment Path ​

HIP-1 spot market launch workflow:

HIP-3 perpetual exchange workflow with stake, capital providers and oracle adapters:

What Citadel Provides ​

  • Audited spot or perp deployment workflow
  • Smart-contract custody where capital providers are involved
  • Automated trading fee routing
  • Verifiable reporting for deposits, bridges, and distributions
  • Refund workflow if a capital-backed deployment does not proceed

Integrated With Marina ​

Citadel and Marina are designed to work together. Citadel gets the market live and handles deployment or capital operations. Marina then rewards market makers for measured on-chain liquidity performance.

Learn about Marina

Start ​

Reach out via Telegram to discuss your deployment.

Monarch docs live in the monorepo and deploy separately from the app.