Hyperliquid-based Ventuals Attracts $38 Million Within 30 Minute

Ventuals, a protocol designed for trading tokenized private and pre-IPO companies, launched its HYPE liquid staking vault today, which will be used to fund the protocol’s HIP-3 permissionless derivatives market on Hyperliquid.
The launch included a minimum stake threshold of 500,000 HYPE, worth roughly $19 million, which was filled in just five minutes, with the top depositor contributing 250,000 HYPE. Users who deposited before the threshold was hit will receive a 10x multiplier on their points distribution and an official Ventuals NFT.
Inflows continued to pour in, with a little over 1 million HYPE, worth $38 million, raised in the first half hour. The total sits at 1.29 million HYPE at the time of writing.
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