Getting Started
Kinetic Market is a decentralized liquidity protocol built on the Flare Network. It enables users to supply assets to earn yield and borrow assets against their collateral — all without intermediaries. The protocol operates through smart contracts, meaning your funds are governed by transparent, audited code. Kinetic Market offers two types of markets: Primary Markets for mainstream assets like FLR, WETH, USDC, and USDT0, and ISO (Isolated) Markets for specialized token pairs such as FXRP–USDT0–stXRP.
To get started with Kinetic Market:
1. Connect your wallet — click "Connect Wallet" in the top-right corner or the sidebar. Compatible wallets include MetaMask, Coinbase Wallet, and WalletConnect-supported wallets.
2. Add the Flare Network to your wallet if it isn't already configured (Chain ID: 14, RPC: https://flare-api.flare.network/ext/C/rpc).
3. Deposit assets — navigate to the Market page, choose a token, and supply it to start earning yield.
4. Borrow — once you have supplied collateral, you can borrow other supported assets at competitive rates.
Kinetic Market supports any wallet compatible with the Flare Network and WalletConnect. This includes MetaMask, Coinbase Wallet, Rabby, and any WalletConnect v2 compatible wallet. Make sure your wallet is set to the Flare Mainnet before connecting. Hardware wallets like Ledger can also be used via MetaMask or Coinbase Wallet integrations.
Supply & Borrow
Kinetic Market currently supports the following assets across its markets:
Primary Markets: FLR, flrETH, sFLR, USDC, USDT, USDT0, WETH
ISO Market (FXRP–USDT0–stXRP): FXRP, stXRP, USDT0
ISO Market (JOULE–USDC–FLR): JOULE, USDC, FLR
Each market has its own supply APY, borrow rate, total liquidity, and collateral factors. Always review the current rates on the Market page before supplying.
Supply APY on Kinetic Market is determined by the utilization rate of each market — the ratio of borrowed assets to total supplied assets. When utilization is high, borrowers pay more interest, which is distributed to suppliers. The Total APY displayed includes both the base supply rate and any additional JOULE reward emissions distributed to active suppliers. Rates update dynamically with every block, so the displayed APY reflects a real-time estimate based on current market conditions.
Primary Markets on Kinetic Market are cross-collateral markets where assets from multiple tokens can be used together as collateral. This allows for more capital efficiency but means risk is shared across all participants in the pool.
ISO (Isolated) Markets are ring-fenced environments where only specific token pairs interact. For example, the FXRP–USDT0–stXRP ISO Market contains risk within that group alone. This protects Primary Market participants from volatility in more exotic tokens like FXRP or stXRP. ISO Markets are ideal for users who want exposure to specific assets while keeping risk contained.
Liquidation occurs when the value of your collateral falls below the required threshold relative to your debt. To avoid this on Kinetic Market:
• Maintain a healthy Health Factor — always keep it well above 1.0, ideally above 1.5.
• Monitor volatile collateral — assets like FLR and JOULE can move significantly; be cautious when using them as collateral.
• Repay or add collateral proactively if market conditions worsen.
• Note the JOULE market deprecation — Kinetic Market has announced that the JOULE ISO market collateral price will decrease over two weeks. If you have open positions in that market, consider exiting to avoid liquidation risk.
Rewards & Earnings
Kinetic Market distributes JOULE token rewards to both suppliers and borrowers across its markets. These rewards are on top of the standard supply/borrow interest rates, boosting your effective APY. To claim your rewards, visit the Rewards section in the sidebar after connecting your wallet. Reward rates vary by market and are updated regularly based on protocol governance decisions. Supplying high-demand assets like USDT0 or USDC typically attracts higher reward emissions due to utilization incentives.
JOULE is the native governance and reward token of the Kinetic Market protocol. It is distributed as an incentive to liquidity providers and borrowers across all markets. JOULE can also be supplied and borrowed within the dedicated JOULE ISO Market. As Kinetic Market evolves, JOULE is expected to play a larger role in protocol governance, allowing holders to vote on key parameters such as supported assets, collateral factors, and reward distribution. Note: the JOULE ISO market is currently in a deprecation phase — price will decrease over two weeks.
Security & Risk
Yes. Kinetic Market has undergone independent smart contract security audits. Audit reports are publicly available at the audit reports page. However, like all DeFi protocols, Kinetic Market is in beta and carries inherent risks including smart contract vulnerabilities, oracle failures, and market volatility. Users are advised to use the protocol at their own risk, start with small amounts, and never supply funds they cannot afford to lose. Always do your own research before participating.
If a borrower's position becomes undercollateralized due to a price drop, Kinetic Market's liquidation mechanism allows third-party liquidators to repay part of the debt in exchange for the borrower's collateral at a discount. This protects the protocol's solvency. In extreme scenarios (e.g., rapid price crashes or oracle failures), there is a risk of bad debt. Kinetic Market mitigates this through conservative collateral factors, real-time price oracles, and isolated markets that contain risk. The protocol governance can also adjust parameters to respond to emerging risks.
Technical & Network
Kinetic Market is deployed on the Flare Network (formerly Songbird/Flare Mainnet), an EVM-compatible blockchain designed for data-rich decentralized applications. Flare's native oracle infrastructure (FTSO) enables reliable, decentralized price feeds that power Kinetic Market's liquidation and interest rate mechanisms. To interact with Kinetic Market, configure your wallet with Flare Mainnet details: Chain ID 14, RPC endpoint https://flare-api.flare.network/ext/C/rpc.
Full documentation for Kinetic Market is available at docs.kinetic.market. For community support and real-time help:
• Discord: discord.com/invite/UvnDV44maD
• Telegram: t.me/+kUPwG44Ssg5mZThh
• Twitter/X: @Kinetic_Markets
• Medium: medium.com/@socials.kinetic
The Kinetic Market team and community are active across these channels and happy to help newcomers get started.
Ready to start earning yield and borrowing on Kinetic Market? Connect your wallet and explore live market opportunities now.
Launch Kinetic Market App Learn more about Kinetic Market →