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Ventuals

Overview

What is Ventuals?
Ventuals offers USDC-settled perpetual contracts on pre-IPO / private companies (OpenAI, Anthropic, SpaceX), thematic equity baskets (MAG7, SEMIS, BIOTECH, DEFENSE, ENERGY, INFOTECH, NUCLEAR, ROBOT), and commodities (gold, silver, soybeans, wheat). All 15 markets are deployed under the HIP-3 `vntl` namespace and execute on Hyperliquid's HyperCore order book.
How does Ventuals work?
Ventuals earns a deployer share of trading fees on the perpetual markets it has deployed under Hyperliquid's HIP-3 framework. Markets execute on Hyperliquid's HyperCore L1 order book; it does not operate its own matching engine. The default HIP-3 fee split allocates 50% of each user-paid fee to Hyperliquid and 50% to the deployer; deployerFeeScale is 1.0, so the standard split applies.
Who governs Ventuals?
Ventuals is a HIP-3 (builder-deployed perpetuals) deployer on Hyperliquid, deployed by wallet 0x8888888192a4a0593c13532ba48449fc24c3beda. Ventuals is operated as a private company; no token has been issued.
RevenueVentuals's 50% deployer share of HIP-3 trading fees (before marketing spend)$50Deploys perpetual markets on Hyperliquid HIP-3Supply-side feesHyperliquid's protocol share of fees (instant at trade time → AF/HLP)$50Hyperliquid (atomic at-trade-time fee split)FeesTrading fees on Ventuals HIP-3 markets$100Traders
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.