We invite users to check their $HYPE Ecosystem rewards which is based on on-chain activity. Only those who register within the next 24 hours will be considered eligible!
Signed
Alvin Hsia
CEO
Alvin Hsia
Emily Hsia
CTO
Emily Hsia
Documentation
Read the full Ventuals sunset guide
What this means for you
Export your private key
If you signed up via email, export your private key to ensure continued access to your funds. This will allow you to use your wallet with any wallet client, such as Phantom, Rabby, or Metamask.
If you connected with an external wallet, you do not need to export your private key as it is already managed by that wallet.
Withdraw from vHYPE
After all markets are halted, 100% of vHYPE holders will be able to withdraw their deposited HYPE. Users can expect to get their HYPE back 1:1, plus any accrued native staking yield since their deposit.
All initiated withdrawals will be batch processed starting at 10am ET on June 19, and will be continuously processed in batch once every 24-72 hours thereafter.
Once your withdrawal is processed, it will become claimable after 7.5 days (the standard 7 day Hyperliquid native unstaking period, plus a 12 hour cooldown period).
While we encourage you to withdraw promptly, there is no benefit for withdrawing earlier than others besides getting your native HYPE back sooner.
Redeem USDH for USDC
Users should redeem their Ventuals USDH collateral for USDC using one of the following methods:
- The HyperCore USDH/USDC order book
- Using the 1:1, zero-fee HyperEVM USDH - HyperCore USDC bridge, via Across Protocol
Get help
Please read through the FAQs below. If you still have a question, submit a ticket here: ventuals.com/help.
FAQs
What is happening with Ventuals markets?+
When will I be able to get my HYPE out of vHYPE?+
You will be able to initiate a withdrawal of your HYPE from vHYPE after all Ventuals markets are settled.
All initiated withdrawals will be batch processed starting at 10am ET on June 19, and will be continuously processed in batch once every 24-72 hours thereafter.
Once your withdrawal is processed, it will become claimable after 7.5 days (the standard 7 day Hyperliquid native unstaking period, plus a 12 hour cooldown period).
This means that if you initiate a withdrawal before 10am ET on June 19, you can expect to receive your native HYPE back by 10pm ET on June 26. Your HYPE will be transferred to your HyperCore spot account, not your HyperEVM wallet.
Do I get 100% of my HYPE back? Are there any fees or haircut?+
Users can expect to get their HYPE back 1:1, plus any accrued native staking yield since their deposit.
Ventuals has never earned any fees on vHYPE. Since inception, there have been no deposit fees, no withdrawal fees, nor any cut taken from the native HYPE staking yield from depositors.
Why is my vHYPE claim transaction failing?+
When you claim a withdrawal, the transaction transfers your HYPE to your HyperCore spot account, not your HyperEVM wallet.
If the transaction fails, it’s likely because your HyperCore account hasn’t been activated yet. To resolve this, follow the instructions in the Hyperliquid documentation to activate your account via depositing to HyperCore. Once it’s active, you can try the claim transaction again.
What if my vHYPE is LP’d somewhere in another protocol?+
What is happening with my Ventuals points?+
Effective immediately, the Ventuals points program has been discontinued.
Ventuals points do not have monetary value and will not be redeemable for cash, equity, tokens, or any other consideration. There will be no Ventuals token.
From the beginning, we believed that a token should only be launched if it could sustainably accrue real economic value. Because Ventuals is winding down, there is no longer a viable path to launching a value-accruing token.