Thrilled to share that Ventuals is joining Phantom!
We started Ventuals with one simple belief: perps are still early, and global, open, 24/7 markets will be central to how people trade, invest, and move value.
As we got to know the team, it became obvious that Phantom is the company to take this future mainstream.
Phantom is trusted by millions of people globally and has been Hyperliquid’s largest distribution partner to date. The team is clearly obsessed with creating a world-class user experience, and has the ambition to build a truly generational consumer finance brand.
We couldn’t be more excited to get to work.
Super excited for the @ventuals team to be joining @phantom!
Open markets will inevitably reshape how people around the world access and participate in financial markets
We’ve long admired the Phantom team for building one of the world’s best consumer finance products - used by millions globally. As we’ve gotten to know the team, it became clear that no one is better positioned to help bring that future to life
We couldn’t be more excited to join them and help define the next generation of finance 💜
Proud to share that the @Ventuals team is joining Phantom: @AlvinHsia, @EmHsia, and Aris Samad start with us this week. I’ve been following their work for a long time, and am so excited to work alongside them at Phantom.
Proud to share that the @Ventuals team is joining Phantom: @AlvinHsia, @EmHsia, and Aris Samad start with us this week. I’ve been following their work for a long time, and am so excited to work alongside them at Phantom.
Thrilled to share that Ventuals is joining Phantom!
We started Ventuals with one simple belief: perps are still early, and global, open, 24/7 markets will be central to how people trade, invest, and move value.
As we got to know the team, it became obvious that Phantom is the company to take this future mainstream.
Phantom is trusted by millions of people globally and has been Hyperliquid’s largest distribution partner to date. The team is clearly obsessed with creating a world-class user experience, and has the ambition to build a truly generational consumer finance brand.
We couldn’t be more excited to get to work.
As part of the USDH sunset, all USDH-denominated markets on HyperCore have completed settlement.
Users are recommended to immediately:
+ Swap USDH on HyperCore for USDC on the spot order book:
+ Swap USDH on HyperEVM for USDC 1:1 with no fees via Across:
+ Withdraw supplied USDH from Borrow/Lend:
+ Repay borrowed USDH by buying USDH/USDC:
Ventuals will sunset all USDH pairs by June 19, with major markets settling today.
Users should redeem their USDH for USDC by June 22.
Zero-fee, 1:1 conversion is available on @AcrossProtocol via the HyperEVM USDH -> HyperCore USDC bridge.
Thank you to all ~5,500 traders who have participated in the SPACEX market since its launch 7 months ago.
For the first time ever, exposure to private companies was open to anyone – some traders entered their positions at a SpaceX valuation of just ~$440 billion.
The SpaceX IPO is today!
For purposes of resolving the SPACEX market, Ventuals will use 13,075,865,175 basic shares outstanding.
This share count is based on the latest publicly available offering materials and reflects the post-offering basic shares outstanding, excluding the underwriter option.
The resolution valuation will be calculated as:
First-day closing stock price × 13,075,865,175 shares
At market close today (4pm ET), Ventuals will:
- Freeze the mark price to the resolution valuation
- Halt trading in the SPACEX market
- Settle all open SPACEX positions at the final mark price
Ad astra.
SOY is now live for 24/7 trading at 10x max leverage.
SOY tracks the value of 1 bushel of soybeans.
Soybeans are the most traded agricultural commodity globally by contract volume and serve as the primary benchmark for international oilseed pricing.
WHEAT is now live for trading at 10x max leverage.
WHEAT tracks the value of 1 bushel of Chicago Soft Red Winter (SRW) wheat.
Chicago SRW wheat is the most actively traded wheat benchmark globally and is widely used as a reference price across international grain markets.