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Launch a Marina Campaign

Marina helps projects reward market makers for improving liquidity and creating genuinely tradeable Hyperliquid spot or HIP-3 perp markets.

What You Need

  • A live or planned Hyperliquid market
  • A campaign budget in USDC or tokens
  • Target outcomes for spread, depth, duration, and trading activity
  • Any wallet eligibility requirements

Process

  1. Reach out - DM @TTx0x on Telegram.
  2. Market review - Monarch reviews current spreads, depth, volume, maker activity, and gaps.
  3. Campaign design - Monarch works with you to optimise the reward scoring formula around your campaign goals, including Quote Score, Fill Score, spread tiers, depth floors, and eligibility rules.
  4. Launch - the campaign goes live on app.monarch.fast/marina.
  5. Monitor and adjust - spreads, depth, maker activity, and volume are reviewed by epoch and parameters can be tuned.

Cost

Every campaign is scoped to the market. Budget depends on current liquidity, target spread, desired depth, and campaign duration.

Past campaigns have run from $2,500 to $5,000 per market per week.

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