Ventuals, the team behind OpenAI and Anthropic perpetual markets on Hyperliquid, announced it is winding down its operations and joining another project in the ecosystem. Trading in the OPENAI and ANTHROPIC markets has been halted, with all positions settled automatically. Other markets will close in the coming days. During its run, Ventuals generated over $650 million in trading volume and attracted more than 500,000 HYPE in community support. The shutdown highlights consolidation among HIP-3 market operators on Hyperliquid, as TradeXYZ now dominates nearly 97% of HIP-3 trading volume. Hyperliquid has become a leading venue for perpetual futures on assets beyond cryptocurrencies, processing roughly $234 billion in volume over the past month. The closure reflects the competitive nature of this growing market.

Key facts

• Ventuals shutting down OpenAI and Anthropic perpetual markets on Hyperliquid.
• All positions settled automatically; other markets closing soon.
• Generated over $650M trading volume and 500,000 HYPE community support.
• TradeXYZ now dominates 97% of HIP-3 trading volume on Hyperliquid.
• Hyperliquid processed $234B in perpetual futures volume last month.