Ventuals has announced the closure of its platform and integration into the Hyperliquid ecosystem. All pre-IPO markets will be settled in due course.

June 15 — Ventuals announced that it will gradually wind down its operations and join another team within the Hyperliquid ecosystem, marking the end of its "all-weather private sale market" experiment. The project, which previously enabled users to trade exposure to pre-IPO private tech companies, has secured over 500,000 HYPE in funding and amassed roughly $6.5 billion in total trading volume. Per the announcement, all deployed HIP-3 markets will proceed with their scheduled settlement processes. Pre-IPO markets (such as those for OpenAI and Anthropic) will settle based on a 24-hour time-weighted average price (TWAP) freeze, with final settlement prices set at $1,341.80 for OpenAI and $1,618.90 for Anthropic. Commodity and index markets—including offerings for MAG7, semiconductors, energy, and defense—will begin halting trading on June 18, with settlements calculated using the last available external price. All outstanding positions will be automatically liquidated during this phase. For vHYPE holders: Staked assets can be redeemed at a 1:1 ratio, plus their corresponding on-chain staking rewards. Batch processing for withdrawals will kick off on June 19, with each batch taking between 7 and 72 hours to process. Vental also confirmed the termination of its points and referral programs, and clarified it will not issue a native token. The team noted there is no remaining foundation for value capture following the project’s shutdown, adding that all users must complete fund withdrawals and wallet exports by September 15.