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    Ventuals

    What is Ventuals?

    Ventuals is a blockchain-based derivatives platform that aims to democratize access to private equity markets by allowing retail investors to trade derivatives tied to pre-IPO company valuations. Built on Hyperliquid, the platform enables users to trade perpetual futures contracts for high-value startups like OpenAI, SpaceX, and other unicorn companies using USDC as collateral.

    The platform addresses a significant gap in traditional finance by providing liquidity to an otherwise illiquid asset class. Through its innovative “optimistic oracle” mechanism, Ventuals transforms subjective off-chain data about private company valuations into credible on-chain facts, creating transparent pricing for companies that don’t trade on public markets. This approach breaks the traditional monopoly of venture capital firms and institutional investors who have historically controlled access to pre-IPO investments.

    Ventuals leverages Hyperliquid‘s high-performance infrastructure to support complex derivatives trading with sub-second latency and the capacity to handle 100,000 orders per second. The platform represents one of the first major use cases for Hyperliquid’s HIP-3 standard, which allows developers to launch custom perpetual futures markets.

    Ongoing

    Ventuals Airdrop Details

    Ventuals has not officially confirmed an airdrop, but the platform operates an active points program that rewards trading activity and vHYPE holdings. The protocol has reserved the $VNTLS ticker on Hyperliquid, suggesting a future token launch where points may convert to allocations. Given Ventual’s innovative use of Hyperliquid‘s HIP-3 (which enables the creation of permissionless perpetual futures markets) to launch pre-IPO and thematic basket perpetual contracts, trading significant volume on these markets is likely to make you eligible for potential HYPE and VNTLS airdrops.

    The current incentive structure distributes 500,000 points weekly across maker and taker activity, with multiplier boosts for users holding vHYPE (the liquid staking token for HYPE). Early adopters received additional bonuses during initial volume periods, and the platform previously ran a maker-only program distributing 200,000-300,000 points weekly. Users who trade through partner platforms like Tread.fi can earn extra points boosts. The referral program offers USDH rewards ranging from 10-60% of referred users’ trading activity, scaled by the referrer’s vHYPE holdings.

    Step 1: Purchase USDC from Binance to fund your trading activity. Withdraw to your wallet via Arbitrum.

    Step 2: Visit Ventuals and click on connect your wallet. Use code QKTYTE to get a 10% fee rebate on all your trades.

    Step 3: Click on ‘Deposit’ and then click on ‘Connect Wallet’. Deposit USDC and select the amount. The amount will be swapped for USDH and transferred to your Ventuals account.

    Step 4: Navigate to the Markets section and select a pre-IPO asset (OpenAI, SpaceX) or thematic index (MAG7).

    Step 5: Open long or short positions based on your market view. Enter your position size and leverage (up to 20x).

    Step 6: Place limit orders instead of market orders when possible to earn maker points with higher multipliers.

    Step 7: Go to ‘More’, then select the vHYPE page to deposit HYPE tokens and receive vHYPE for points multipliers. Get HYPE from Hyperliquid if you don’t hold any.

    Step 8: Generate your referral link from the platform dashboard and share it to earn USDH rewards (10-60% of referrals’ trading fees).

    Step 9: Trade through partner terminals like Tread.fi when available to stack additional points boosts on top of base rewards.

    Step 10: Check your portfolio dashboard regularly to track accumulated points and trading volume.

    Tips to Maximize Ventuals Points

    • Focus on maker orders: Limit orders earn significantly higher points than market orders in the current incentives structure. Factors impacting points earned through limit orders include:
      • Size & proximity (how much liquidity is provided and how close it is to the top of the order book)
      • Uptime (how long limit orders are in place for)
      • Two-sidedness (how consistent a maker provides liquidity on both the ask & bid side of the order book)
      • Fill quality (How much volume is facilitated at competitive prices)
    • Hold vHYPE for multipliers: Staking HYPE for vHYPE provides percentage boosts on all points earned from trading activity.
    • Trade during early periods: Initial volume bonuses have historically rewarded early adopters with extra points allocations.
    • Maintain consistent activity: Weekly point distributions reward sustained engagement rather than one-time large trades.
    • Use partner platforms: Trading through integrated terminals like tread.fi can stack bonus multipliers on base points.

    Ventuals Liquid Staking

    How It Works

    1. Deposit HYPE tokens into the Ventuals platform
    2. Receive vHYPE, a liquid staking token representing your staked HYPE
    3. Hold vHYPE to automatically earn:
      • Native HYPE staking yield
      • Ventuals Points (distributed weekly)
    4. Supply liquidity for vHYPE pools on Project X or Ultrasolid to earn more points. Depositing vHYPE into DeFi protocols counts as a transfer, but you can continue to earn Ventuals points at the lowest available tier.

    You can purchase HYPE directly from Hyperliquid.

    Ventuals Points Distribution

    The points system rewards early participants with higher multipliers:

    • First Week: 5,000,000 points distributed
    • Following Weeks: 1,000,000 points per week
    • Early Deposit Bonus: Up to 10x multiplier for early participants
    • Duration Bonus: Longer deposits earn more points
    • Position Advantage: If other users exit, your position ranking improves

    Multiplier Boosts

    Certain user groups receive additional multiplier boosts:

    • Active testnet traders
    • VLP depositors
    • Hypurr NFT holders

    VLP Liquidity Provider Vault

    VLP (Ventuals Liquidity Provider) is a HIP-3 LP vault powered by HyperBeat that allows community participation in market making strategies. The current cap for the vault is $30M.

    How VLP Works

    VLP operates as a liquidity provider vault that executes market making strategies on the Ventuals exchange, enabling users to share in the profit and loss (PNL) from trading activities. The system is inspired by Hyperliquid‘s HLP model, democratizing strategies typically available only to privileged parties.

    Current Phase and Rewards

    • Pre-Mainnet: Capital is deployed in the HyperBeat USDT vault to earn competitive yield and rewards
    • Post-Mainnet: Funds will be used for market making on Ventuals exchange
    • Earnings: Participants earn HyperBeat Hearts and yield, plus potential Ventuals airdrop eligibility

    Participation Steps

    • Bridge assets to HyperEVM using Hyperliquid: deposit USDC via Arbitrum. Then purchase HYPE from the spot market with USDC and click on “Transfer to EVM”
    • Get some USDT0 from DEXs like Project X or HyperBloom
    • Visit HyperBeat and join the Hearts campaign by connecting your wallet
    • Go to the vault page, click on “Deposit” for the Ventuals (HIP3) VLP Vault
    • Deposit USDT0 into the VLP vault
    • Monitor your position for Hearts accumulation and yield generation

    This vault serves dual purposes: providing yield opportunities for users while building essential liquidity infrastructure for the Ventuals exchange ecosystem.

    VLP Vault Yield Market Live on Spectra

    Spectra has introduced offer the first yield pool for the Ventuals x HyperBeat (HIP3) VLP Vault. This integration provides multiple ways to participate in yield generation and leverage exposure.

    Available Token Options

    • PT (Principal Token): Fixed yield with redemptions into wVLP
    • YT (Yield Token): Leveraged exposure to wVLP yield and Hearts rewards
    • LP (Liquidity Provider): Balanced exposure to PT, wVLP plus pool fees and Hearts rewards

    How to Participate

    1. Prepare USDT on HyperEVM:
      • Deposit USDC to Hyperliquid via Arbitrum
      • Swap USDC for USDT
      • Click “Transfer to EVM” in the USDT column
    2. Choose Your Strategy:
      • Navigate to the Spectra pool page
      • Select either “Liquidity Pool” or “Yield Leverage” options
    3. For Liquidity Pool Participation (Safer option):
      • Enter the amount of USDT you want to deposit
      • Click “Add Liquidity” to earn pool fees and Hearts
      • Confirm the transaction in your wallet
      • Earn pool fees, Hearts and qualify for a potential Ventuals airdrop
    4. For Yield Leverage Exposure (Higher risk option):
      • Enter the amount of USDT you want to invest
      • Click “Get Yield Leverage” to earn pool fees and Hearts
      • Confirm the transaction in your wallet
      • Earn pool fees, Hearts and qualify for a potential Ventuals airdrop

    You can purchase USDT directly from Binance or bridge USDT using Hyperbridge for this integration.

    Ventuals Trading Competition on Based (Ended)

    Ventuals is hosting a trading competition on Based from January 8 (12:00 UTC) through January 22, 2025, offering up to $25,000 in prizes for the top 10 PnL performers. The top 20 accounts will receive exclusive badges that may factor into a potential VNTLS airdrop.

    To participate, trade VNTLS HIP-3 markets on Based with a minimum account balance of $1,000. Pre-register using these steps:

    1. Open Based via your browser
    2. Click on ‘More’, then select ‘Competitions’
    3. Choose the ‘Based x Ventuals’ competition
    4. Click ‘Register Now’ to confirm your entry
    5. For users of the Based mobile app, use the competition link and open it within the app

    The competition uses time-weighted average account values to calculate ROI, evaluating your entire performance rather than just starting and ending balances to prevent manipulation through strategic deposits or withdrawals.

    How to Participate in the Potential Ventuals Airdrop Testnet (Ended)

    1. Visit the Ventuals Website
      • Navigate to Ventuals
      • Click on the “Log In” button located on the homepage
    2. Create Your Account
      • Sign in using your email address, or
      • Connect your existing EVM-compatible wallet (MetaMask, WalletConnect, etc.)
      • Complete the registration process
    3. Claim Your Testnet USDC
      • Once logged in, you’ll automatically receive 500 USDC on testnet
      • This testnet USDC allows you to explore the platform’s features without using real funds
    4. Navigate to the Trading Interface
      • Click on the “Trade” section of the platform
      • Familiarize yourself with the available pre-IPO company markets
    5. Start Trading Pre-IPO Companies
      • Choose from available pre-IPO companies (such as OpenAI, SpaceX, and other unicorns)
      • Decide whether to go long (betting the valuation will increase) or short (betting it will decrease)
      • Use leverage up to 10x to amplify your positions
      • Execute trades using your testnet USDC

    Frequently Asked Questions

    Is the Ventuals airdrop confirmed?
    No official announcement exists. The platform operates points programs that may reward future token allocations, but no confirmation has been provided by the team.

    What blockchain does Ventuals use?
    Ventuals is built on Hyperliquid, a high-performance blockchain designed specifically for trading applications with sub-second latency and high throughput capabilities. Users of innovative dapps like Ventuals that implement HIP-3 (which enables anyone to create permissionless perpetual futures markets on Hyperliquid‘s Core infrastructure) may also be a potential qualifier for future HYPE airdrops.

    What markets can I trade on Ventuals?
    Pre-IPO companies (OpenAI, SpaceX), thematic indices (MAG7 tech stocks), traditional stocks, and commodities through HIP-3 perpetual contracts.

    How do vHYPE multipliers work?
    Depositing HYPE for vHYPE applies a percentage boost to all points earned from trading activity, scaled by your holdings relative to total staked.

    Can I trade Ventuals markets through the standard Hyperliquid interface?
    Yes, all HIP-3 markets created by Ventuals are accessible through both Ventuals and the main Hyperliquid frontend.

    What’s the difference between maker and taker points?
    Maker points reward limit orders that add liquidity to the order book, while taker points reward market orders that immediately execute against existing liquidity. Maker points typically earn higher multipliers.

    How are referral rewards calculated?
    Referral earnings range from 10-60% of your referred users’ trading fees paid in USDH, with the percentage determined by your vHYPE holdings.

    Conclusion

    Ventuals provides access to pre-IPO derivatives markets through Hyperliquid’s HIP-3 infrastructure, with active points programs rewarding trading volume and vHYPE staking. While no airdrop is confirmed, consistent trading activity and maker orders position users for potential token allocations if the reserved $VNTLS ticker launches with retroactive rewards.

    You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

    Estimated Value

    n/a

    Tokens per Claim

    n/a

    Max. Participants

    Unlimited

    Overview