Ventuals, a protocol designed to trade tokenized private and pre-IPO companies, today launched the HYPE Liquid Staking Vault. This will be used to fund the protocol’s HIP-3 permissionless derivatives market on Hyperliquid.
The launch included a minimum wagering standard of 500,000 HYPE, worth approximately $19 million, which was filled in just 5 minutes, with top depositors contributing 250,000 HYPE. Users who deposit before the threshold is reached will receive a 10x multiplier on their points distribution and an official Ventures NFT.
The inflow continued, with just over 1 million HYPEs (valued at $38 million) raised in the first 30 minutes. As of this writing, the total HYPE is 1.29 million.
vHYPE Staking – Ventuals
The protocol is set to compete with other HIP-3 related protocols, such as Kinetiq, Hyperliquid’s largest liquid staking platform, and TradeXYZ, a derivatives trading marketplace launched by Unit, the ecosystem’s leading tokenization platform.
Ventuals differentiates itself by focusing specifically on private equity and pre-IPO companies such as OpenAI, SpaceX, and Kraken. Some of the most popular marketplaces by testnet volume include Kraken, Neuralink, and Polymarket.
Ventuals Testnet Market
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