Ventuals

If you initiated a vHYPE withdrawal before 6/19 10am ET, you can now claim your HYPE.

Over 400,000 HYPE of withdrawals have already been processed smoothly.

100% of vHYPE holders get their HYPE back 1:1, plus any accrued native staking yield since their deposit.

We encourage all vHYPE holders to initiate their withdrawals promptly. Claimed HYPE is deposited into your HyperCore account.

If you still have USDH collateral, you are recommended to immediately convert it to USDC.

The Ventuals HIP-3 DEX is fully wound down, and vHYPE withdrawals have now begun.

The full withdrawal queue of ~380,775 HYPE was processed at approximately 10am ET today.

If you had a vHYPE withdrawal queued from before, it was included in this batch process.

Withdrawals are claimable 7.5 days after they are processed (the standard 7 day Hyperliquid native unstaking period, plus a 12 hour cooldown period).

This means you can expect to claim your HYPE back by 10pm ET on June 26.

Ventuals commodity and index markets are now frozen.

For each market, the mark price and oracle price have been set to today’s regular trading session closing price, based on external exchange data. Funding rates have been set to 0.

All markets will be halted for trading throughout the rest of the day, and PNL from all open positions will be settled automatically at the final mark price.

If you have an existing open position, you do not need to take any action for your position to be settled.