Ventuals, the project that ran OpenAI and Anthropic perpetual futures markets on Hyperliquid, is shutting down and closing its trading products. Trading in the OPENAI and ANTHROPIC markets stopped right away, and all positions were settled automatically.
The project reported over $650 million in trading volume during its run and received strong support from the Hyperliquid community. Team members are expected to join another project in the ecosystem.
This closure happens as blockchain trading platforms are starting to offer access to more than just cryptocurrencies. With perpetual futures contracts, traders have been able to speculate on things like commodities, stocks, and even private company values.
Ventuals stood out by letting traders take positions tied to OpenAI and Anthropic, two major AI companies that are still private. Instead of owning shares, users could bet on changes in their valuations through blockchain markets.
Hyperliquid’s HIP-3 framework allowed third-party developers to launch special perpetual futures products. This model has helped the exchange move into niche markets that traditional exchanges rarely cover.
The shutdown also shows that HIP-3 operators are consolidating. TradeXYZ is now the main player in this space, handling most of the trading. As competition grows, smaller projects may struggle to keep their market share, even if they had early success and community support.
— Ventuals (@ventuals) June 15, 2026
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