The Farmers Market

Ventuals

Perp DEX $

First on-chain pre-IPO perpetuals protocol on Hyperliquid, enabling trading of private company valuations and thematic index perps

Farming Overview

Farming Stage Concluded
Chain Hyperliquid
24h Volume $5M+
Total Fees $155K+
Trading Pairs 13
Leverage 3x–20x
Points 1M/week

Key Statistics

Cumulative Volume $278M+
Open Interest $7.25M
Unique Traders 5,300+
Token $VNTLS (reserved)

How to Farm Ventuals

  1. Trade pre-IPO perps (SpaceX, OpenAI, Anthropic) and index perps to earn weekly points
  2. Use limit orders (maker) for higher point multipliers vs market orders
  3. Stake HYPE for vHYPE to boost all point earnings with a percentage multiplier
  4. Provide liquidity via the VLP Vault on HyperBeat for passive income
  5. Refer traders — earn 10-60% of referral trading fees in USDH
  6. 1M points distributed weekly across maker and taker activity

Why Farm Ventuals?

  • First and only on-chain pre-IPO perpetuals — unique market niche
  • $VNTLS ticker reserved on Hyperliquid — token launch expected
  • Built on Hyperliquid via HIP-3 with Growth Mode fee reduction (~90% off)
  • Trade SpaceX, OpenAI, Anthropic valuations before they IPO
  • Index perps across semis, robotics, defence, energy, biotech
  • Dual audits + $1M bug bounty for security

About Ventuals

Ventuals is the first on-chain derivatives protocol for trading private company valuations, built on Hyperliquid via HIP-3. Trade perpetual futures on pre-IPO companies like SpaceX, OpenAI, and Anthropic by speculating on total company valuations. Also offers thematic index perps across sectors like semiconductors, robotics, defence, energy, and biotech. Dual security audits by Nethermind and Zenith with a $1M bug bounty pool. $VNTLS ticker reserved on Hyperliquid.

Fee Structure

Pre-IPO Taker ~0.09% (2x HL base)
Pre-IPO Maker ~0.03%
Index Taker ~0.005-0.009% (Growth Mode)
Builder Fee Max 0.05%

Similar Perp DEX Protocols

Frequently Asked Questions

What is Ventuals and how does it work?

Ventuals is the first on-chain derivatives protocol for trading private company valuations, built on Hyperliquid via HIP-3. Trade perpetual futures on pre-IPO companies like SpaceX, OpenAI, and Anthropic by speculating on total company valuations. Also offers thematic index perps across sectors like semiconductors, robotics, defence, energy, and biotech. Dual security audits by Nethermind and Zenith with a $1M bug bounty pool. $VNTLS ticker reserved on Hyperliquid.

How do I farm the Ventuals airdrop?

To farm the Ventuals airdrop, you should: Trade pre-IPO perps (SpaceX, OpenAI, Anthropic) and index perps to earn weekly points. Use limit orders (maker) for higher point multipliers vs market orders. Stake HYPE for vHYPE to boost all point earnings with a percentage multiplier. Provide liquidity via the VLP Vault on HyperBeat for passive income. Ventuals is currently in the concluded farming stage with speculative airdrop status.

What is the expected value of the Ventuals airdrop?

The Ventuals airdrop has an expected value rating of 1 out of 5 ($). The farming stage is concluded and the airdrop status is speculative. Expected value ratings on The Farmers Market consider factors like protocol TVL, funding, team quality, and token economics.

Why should I farm Ventuals?

First and only on-chain pre-IPO perpetuals — unique market niche $VNTLS ticker reserved on Hyperliquid — token launch expected Built on Hyperliquid via HIP-3 with Growth Mode fee reduction (~90% off)