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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 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.