Ventuals

Latest Update: Ventuals Trading Competition on Based

Ventuals is hosting a trading competition on Based from January 8 (12:00 UTC) through January 22, 2025, offering up to $25,000 in prizes for the top 10 PnL performers. The top 20 accounts will receive exclusive badges that may factor into a potential VNTLS airdrop.

To participate, trade VNTLS HIP-3 markets on Based with a minimum account balance of $1,000. Pre-register using these steps:

1. Open Based via your browser
2. Click on ‘More’, then select ‘Competitions’
3. Choose the ‘Based x Ventuals’ competition
4. Click ‘Register Now’ to confirm your entry
5. For users of the Based mobile app, use the competition link and open it within the app

The competition uses time-weighted average account values to calculate ROI, evaluating your entire performance rather than just starting and ending balances to prevent manipulation through strategic deposits or withdrawals.

Ventuals Launches Maker Points and First HIP-3 Markets

• Ventuals have launched trading for Anthropic AI, OpenAI, and SpaceX as their first HIP-3 market deployments
• Trade ANTHOPIC, OPENAI and SPACEX with up to 3x leverage on Hyperliquid or alternative front-ends like Based or Lit
• Also trade the new thematic baskets with up to 15x leverage on Hyperliquid:
  • MAG7 provides equal-weighted exposure to the 7 tech giants: Nvidia, Google, Tesla, Meta, Amazon, Apple, and Microsoft
  • SEMIS provides exposure to the overall performance of the 25 largest U.S. listed companies that produce semiconductors
• Ventuals will also add trading for the following thematic baskets: ROBOTS (which provides exposure to robotics, automation, and autonomous machines) and INFOTECH (which provides exposure to information technology companies, more details coming soon).
• Users who place limit orders will also earn points as part of the Ventuals Maker Points program
  • 200,000 points to be distributed per week
  • Any wallet that places limit orders for the SPACEX-USDH and/or OPENAI-USDH markets (as well as other upcoming Ventuals HIP-3 markets) will be eligible
  • The exact distribution method will not be made public
• Factors impacting points earned include:
  • Size & proximity (how much liquidity is provided and how close it is to the top of the order book)
  • Uptime (how long limit orders are in place for)
  • Two-sidedness (how consistent a maker provides liquidity on both the ask & bid side of the order book)
  • Fill quality (How much volume is facilitated at competitive prices)
• More information about the Maker Points program can be found in the Ventuals documentation

Ventuals Launches Liquid Staking

How It Works

1. Deposit HYPE tokens into the Ventuals platform
2. Receive vHYPE, a liquid staking token representing your staked HYPE
3. Hold vHYPE to automatically earn:
   • Native HYPE staking yield
   • Ventuals Points (distributed weekly)

4. Supply liquidity for vHYPE pools on Project X or Ultrasolid to earn more points. Depositing vHYPE into DeFi protocols counts as a transfer, but you can continue to earn Ventuals points at the lowest available tier.

You can purchase HYPE directly from Binance or bridge using Rhino.fi bridge.

Ventuals Points Distribution

The points system rewards early participants with higher multipliers:

• First Week: 5,000,000 points distributed
• Following Weeks: 1,000,000 points per week
• Early Deposit Bonus: Up to 10x multiplier for early participants
• Duration Bonus: Longer deposits earn more points
• Position Advantage: If other users exit, your position ranking improves

Multiplier Boosts

Certain user groups receive additional multiplier boosts:

• Active testnet traders
• VLP depositors
• Hypurr NFT holders

VLP Vault Yield Market Live on Spectra

Spectra has introduced offer the first yield pool for the Ventuals x HyperBeat (HIP3) VLP Vault. This integration provides multiple ways to participate in yield generation and leverage exposure.

Available Token Options

• PT (Principal Token): Fixed yield with redemptions into wVLP
• YT (Yield Token): Leveraged exposure to wVLP yield and Hearts rewards
• LP (Liquidity Provider): Balanced exposure to PT, wVLP plus pool fees and Hearts rewards

How to Participate

1. Prepare USDT on HyperEVM:
   • Deposit USDC to Hyperliquid via Arbitrum
   • Swap USDC for USDT
   • Click “Transfer to EVM” in the USDT column
2. Choose Your Strategy:
   • Navigate to the Spectra pool page
   • Select either “Liquidity Pool” or “Yield Leverage” options
3. For Liquidity Pool Participation (Safer option):
   • Enter the amount of USDT you want to deposit
   • Click “Add Liquidity” to earn pool fees and Hearts
   • Confirm the transaction in your wallet
   • Earn pool fees, Hearts and qualify for a potential Ventuals airdrop
4. For Yield Leverage Exposure (Higher risk option):
   • Enter the amount of USDT you want to invest
   • Click “Get Yield Leverage” to earn pool fees and Hearts
   • Confirm the transaction in your wallet
   • Earn pool fees, Hearts and qualify for a potential Ventuals airdrop

You can purchase USDT directly from Binance or bridge USDT using Hyperbridge for this integration.

Ventuals Launches VLP Liquidity Provider Vault

Ventuals has introduced VLP (Ventuals Liquidity Provider), a new HIP-3 LP vault powered by HyperBeat that allows community participation in market making strategies. The current cap for the vault is $30M.

How VLP Works

VLP operates as a liquidity provider vault that executes market making strategies on the Ventuals exchange, enabling users to share in the profit and loss (PNL) from trading activities. The system is inspired by Hyperliquid‘s HLP model, democratizing strategies typically available only to privileged parties.

Current Phase and Rewards

• Pre-Mainnet: Capital is deployed in the HyperBeat USDT vault to earn competitive yield and rewards
• Post-Mainnet: Funds will be used for market making on Ventuals exchange
• Earnings: Participants earn HyperBeat Hearts and yield, plus potential Ventuals airdrop eligibility

Participation Steps

• Bridge assets to HyperEVM using Hyperliquid: deposit USDC via Arbitrum. Then purchase HYPE from the spot market with USDC and click on “Transfer to EVM”
• Get some USDT0 from DEXs like Project X or HyperBloom
• Visit HyperBeat and join the Hearts campaign by connecting your wallet
• Go to the vault page, click on “Deposit” for the Ventuals (HIP3) VLP Vault
• Deposit USDT0 into the VLP vault
• Monitor your position for Hearts accumulation and yield generation

This vault serves dual purposes: providing yield opportunities for users while building essential liquidity infrastructure for the Ventuals exchange ecosystem.

How to Participate in the Potential Ventuals Airdrop Testnet

1. Visit the Ventuals Website
   • Navigate to Ventuals
   • Click on the “Log In” button located on the homepage
2. Create Your Account
   • Sign in using your email address, or
   • Connect your existing EVM-compatible wallet (MetaMask, WalletConnect, etc.)
   • Complete the registration process
3. Claim Your Testnet USDC
   • Once logged in, you’ll automatically receive 500 USDC on testnet
   • This testnet USDC allows you to explore the platform’s features without using real funds
4. Navigate to the Trading Interface
   • Click on the “Trade” section of the platform
   • Familiarize yourself with the available pre-IPO company markets
5. Start Trading Pre-IPO Companies
   • Choose from available pre-IPO companies (such as OpenAI, SpaceX, and other unicorns)
   • Decide whether to go long (betting the valuation will increase) or short (betting it will decrease)
   • Use leverage up to 10x to amplify your positions
   • Execute trades using your testnet USDC

Tips for Maximizing Your Airdrop Potential

Demonstrate Consistent Activity: Regular engagement with the platform shows genuine interest and provides valuable testing data. Try to log in and make trades consistently rather than just once.

Test Multiple Features: Explore different aspects of the platform beyond basic trading. Test various leverage levels, try both long and short positions, and experiment with different pre-IPO company markets.

Provide Constructive Feedback: Engage with the community and provide thoughtful feedback about your experience. This demonstrates your value as a beta tester and early adopter.

Follow Official Channels: Stay updated with Ventuals’ announcements on Twitter and other social media platforms to learn about new features, mainnet launch and potential airdrop criteria.

Frequently Asked Questions

Is the Ventuals airdrop confirmed?

No, Ventuals has not officially announced an airdrop program. However, early testnet participants may be eligible for potential future token distributions based on their engagement with the platform. There may also be an airdrop or points campaign once mainnet launches.

What blockchain does Ventuals use?

Ventuals is built on Hyperliquid, a high-performance blockchain designed specifically for trading applications with sub-second latency and high throughput capabilities. Users of innovative dapps like Ventuals that implement HIP-3 (which enables anyone to create permissionless perpetual futures markets on Hyperliquid‘s Core infrastructure) may also be a potential qualifier for future HYPE airdrops.

Do I need real money to participate in the testnet?

No, Ventuals provides 500 USDC in testnet tokens when you sign up, allowing you to explore all platform features without any financial commitment.

What companies can I trade on Ventuals?

The platform focuses on high-value pre-IPO companies, including well-known unicorns like OpenAI and SpaceX, among others in the private equity space.

How much leverage can I use?

Ventuals allows up to 10x leverage on its perpetual futures contracts, enabling traders to amplify their positions while using USDC as collateral.

Conclusion

Ventuals represents an innovative approach to democratizing private equity markets through blockchain technology. By participating in their testnet, users can explore a unique trading platform while potentially positioning themselves for future rewards. The platform’s focus on bringing transparency and accessibility to pre-IPO investments aligns with the broader mission of decentralized finance to make financial markets more inclusive.

While no airdrop is guaranteed, early engagement with promising blockchain projects has historically rewarded participants. Ventuals’ ambitious vision to reshape private equity markets make it a noteworthy project for crypto enthusiasts interested in the intersection of traditional finance and blockchain innovation.