ventuals00

what's ventuals?

Ventuals is a decentralized derivatives platform on Hyperliquid, enabling users to trade perpetual futures tied to the valuations of pre-IPO companies like OpenAI, SpaceX, and Stripe. Leveraging HIP-3 for permissionless markets, it democratizes access to private equity betting with up to 10x leverage using USDC. Founded by Alvin and Emily Hsia, the project bridges TradFi and DeFi, focusing on high-speed execution and global retail participation.

Snapshot

Ventuals created a new ROBOT basket of public companies benefiting from robotics trends.

6D ago
VISIBILITY EVENT

Mentioned as creator of a new ROBOT basket that includes public companies identified as beneficiaries of robotics industry trends.

1M ago

Traders achieve mid-high 5 figure PNLs in the platform's first few weeks, with the largest open position reaching approximately $250k.

Harmonix Finance launches vaults that enable users to earn points across Ventuals and plans to use Ventuals HIP3 markets for delta-neutral stablecoin vault strategies.

Market parameters updated to facilitate more natural price discovery.

Platform implements three market parameter updates this week: more responsive oracle, expanded mark price bands, and dynamic funding rates to improve price discovery.

The liquidity event has no set listing date and is very far off, resulting in perps functioning as a liquidity game rather than enabling proper price discovery.

On November 19th, Hyperfoundation launches Growth Mode initiative with 5-10x fee cuts for HIP-3 perpetual contracts, directly benefiting Ventuals as one of three deploying projects.

Based platform integrates Ventuals HIP-3, enabling trading of Pre-IPO company perpetuals through their mobile app and web terminal.

Coinbase Ventures identifies the platform as a leading builder in the RWA perpetuals category for 2026, highlighting work on exotic markets including private companies and macro exposure.

Perp mark price is bounded within [2/3x, 1.5x] of offchain Notice price, preventing liquidation of shorts above 1.5x Notice price and enabling 25-50% funding rate earnings with spot hedges.

Platform releases HIP-3 stats dashboard for tracking onchain equity perps metrics.

Platform discloses oracle pricing mechanism that combines 50% offchain Notice valuation data with 50% 8-hour EMA of perp mark price (updated every ~3 seconds), and HIP-3 markets are collateralized on USDH with 3x max leverage.

A trader criticizes platform valuations as "robbery," citing assets trading at substantial premiums over private market prices including Anthropic at $337B (vs $183B last funding round at $170/share secondary) and OpenAI at $625B (vs $500B October 2025 raise at $723/share).

Mainnet first week records approximately 700 traders with $6m trading volume, and OpenAI market launches as a new trading option.

Week 1 of the Maker Points Program completes with one participant capturing approximately 7% of total points through market making activities on tread_fi platform.

A crypto trader confirms active usage of the platform for onchain TradFi trading and positions it as a key distribution layer in the RWA investment stack for 2026.

HIP-3 markets launch on Bullpen platform powered by tradexyz, offering trading for NVDA, AMZN, TSLA, GOOG, PLTR, NFLX, META, MSFT, SPACEX, and XYZ100 with up to 20x leverage on Hyperliquid.

A Maker Points Program is introduced as a new project initiative.

Mainnet launches with oracle prices using a 50/50 mix of external valuations and 8-hour EMA of mark price, and funding rates set at 1/200 of Hyperliquid's.

2M ago

USDH HIP3 markets go live with Felix Protocol featuring improved fee structure (20% lower taker fees, 50% better maker rebates) and 50% of treasury yields allocated to accumulating $HYPE.

SpaceX trading market launches on HIP-3 with USDH collateral token (asset ID 360).

Platform introduces points rewards for posting limit orders starting at mainnet launch, open to all trader types from market makers to individual traders.

Points have been distributed to users.

Negative sentiment emerges regarding excessive promotional activity and shilling of the project.

The platform offers 10x leveraged perpetual contracts on pre-IPO companies including OpenAI and SpaceX.

Early depositors receive NFTs and 10x higher point multipliers than base rate, with an additional 5x multiplier for first week deposits. The vault uses untested hip3 and novel architecture.

vHYPE/HYPE liquidity pool available on PRJX with 181% returns.

Staking campaign reaches 1.45M HYPE within 16 hours of launch, achieving 500K minimum in 2 minutes 17 seconds and 1M in 24 minutes. Whale deposits 250K HYPE at launch, potentially accessing subdomain before official announcement.

$38 million deposited into the vHYPE vault within 30 minutes.

Integration with Rumpel enables tokenization of Ventual points as they accrue and creates a market for buying points once liquidity is available.

vHYPE launches and goes live.

An AMA event scheduled for today at 11AM ET features discussion of vHYPE and Ventuals points, marking the first mention of a points system for the project.

A $1,000,000 bug bounty opens for review of vHYPE, vault logic, and role management contracts through Cantina.

3M ago

Potential integration with Wick mobile trading app (HIP3) mentioned, with the app expected to launch on iOS app store soon.

A comprehensive rug pull alert details specific concerns including a 500,000 HYPE crowdfunding target, vHYPE tokens not redeemable unless the vault exceeds 500k HYPE, oracle data reliability issues for pre-IPO valuations, and pressure tactics creating urgency around unstaking and day-one deposits.

A user warns that the vault deposit mechanism appears to be fraudulent and advises against depositing HYPE tokens, claiming depositors will not recover their funds.

Deposits open on October 16th to provide HYPE for making private markets public.

Polymarket can be traded as a market on the platform before the official launch.

Testnet reports 10.3k traders this week while the team builds an API and seeks frontend partnerships to list their markets.

4M ago

A new report on tokenized PE platforms includes coverage of the project alongside PreStocksFi.

Testnet onboards 16,914 traders in its first month of operation.

Hyperbeat's custom HLP vault will power the project as a HIP-3 protocol, providing access to deep liquidity and composability across DeFi protocols.

A crypto trader expresses excitement about the Pre-IPO Perp sector and states they are closely watching the project's moves.

Testnet achieves $14.8M daily volume with $500 margin requirement per trader.

5M ago

New oracle pricing mechanism combines 50% off-chain data with 50% 8-hour moving average of Perps prices, sourcing from Nasdaq Private Markets.

Expands platform to include tokenized pre-market stock trading via Hyperliquid integration.

New platform enables decentralized pre-IPO trading for companies like OpenAI and SpaceX via HyperliquidX integration.