Ventuals Halts All Markets Today, Advises vHYPE Holders to Withdraw Immediately

Ventuals, a Hyperliquid ecosystem project announced for shutdown, halted all commodity and index markets today, with mark prices and oracle prices frozen at today's closing levels and funding rates set to zero. All open positions will be automatically settled at final mark prices with no user action required.

The project advised all vHYPE holders to initiate withdrawals immediately. Holders can expect to redeem vHYPE for HYPE at a 1:1 ratio plus accumulated staking rewards since deposit. Batch processing of withdrawal requests begins on June 19 at 10 a.m. ET, with subsequent batches processed every 24 to 72 hours. Completed withdrawals become claimable after 7.5 days, including Hyperliquid's standard 7-day unstaking period and a 12-hour cooldown.