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 💜
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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.
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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.
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If you still have USDH collateral, you are recommended to immediately convert it to USDC.
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:
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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.
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