Ventuals Shuts Down OpenAI and Anthropic Trading on Hyperliquid

Ventuals (vHYPE) announced on June 15 that it was shutting down. The platform offered trading of private-company stocks such as OpenAI and Anthropic on Hyperliquid (HYPE), a decentralized exchange offering high-leverage perpetuals trading of cryptocurrencies, commodities, and tokenized stocks. The team stated it has decided to join another project building within the Hyperliquid ecosystem. Hyperliquid has attracted a large number of high-frequency and speculative crypto traders seeking to speculate on commodities, equities, and private-company valuations through blockchain-based markets.

Ventuals Announces Immediate Trading Halt

Ventuals said on June 15 it is immediately halting trading in the OpenAI and Anthropic markets. All positions will get automatically settled. Other markets such as soy and wheat commodities, energy and biotech indices will also close soon, the platform said. With the exit of Ventuals, Hyperliquid doesn't list any perpetuals tied to OpenAI and Anthropic now.

The OpenAI and Anthropic perpetuals markets on Hyperliquid, offered by Ventuals, provided investors indirect exposure to two of the world's leading artificial intelligence (AI) companies. These perpetual future contracts are tied to OpenAI and Anthropic valuations — traders can profit if the perceived value of these companies increases, but the contracts do not offer real company shares because they are third-party contracts.

Platform Trading Metrics and Team Transition

Ventuals said it has traded over $650 million in volume and raised over 500,000 HYPE tokens. The team said it has decided to join another project building within the Hyperliquid ecosystem.

Hyperliquid is a decentralized exchange offering high-leverage perpetuals trading of cryptocurrencies, commodities, and tokenized stocks. Traders come to Hyperliquid to speculate on commodities, equities, and private-company valuations through blockchain-based markets.

FAQ

What did Ventuals announce on June 15?

Ventuals announced on June 15 that it was shutting down and immediately halting trading in the OpenAI and Anthropic markets on Hyperliquid.

Why did Ventuals shut down?

The team stated it has decided to join another project building within the Hyperliquid ecosystem.

What happens to existing positions on Ventuals?

All positions will get automatically settled, according to the platform's announcement on June 15.