Ventuals Shuts Down After $260K Loss, Ending Pre-IPO On-Chain Private Sale Market Experiment
2026-06-16 18:46

Ventuals has officially announced its shutdown and subsequent merger into the Hyperliquid ecosystem, concluding its '24/7 On-chain Private Sale Market' experiment. Data compiled by Woofun AI reveals that the platform incurred a net loss of $258,591 over its seven-month lifespan, as revenue of $124,651 covered only 32.5% of the $383,242 in ticker registration and auction costs. When accounting for operational expenses such as salaries and liquidity provision, total losses approximate $259,000.

Despite the financial deficit, the platform achieved a trading volume of approximately $6.5 billion and raised over 500,000 HYPE tokens. Final settlement prices were established at $1,341.80 for OpenAI and $1,618.90 for Anthropic. Bulk commodity and index markets will cease trading starting June 18th. vHYPE holders can redeem assets at a 1:1 ratio beginning June 19th, with all users required to withdraw funds and export wallets by September 15th.

Disclaimer: Views are the author's own and do not represent the platform. Do not reproduce without permission. Content is for reference only, not investment advice. Trade at your own risk.
Tags:
HYPE
Ventuals
Hyperliquid
DeFiLlama
Share:
back