# Welcome to Ventuals

## Ventuals brings you markets for frontier technology.

Ventuals brings the power of perps to the most innovative companies in the world.

On Ventuals, you can trade:

* Private companies (e.g. SpaceX, OpenAI, and Anthropic)
* Thematic indices of public companies (e.g. nuclear, semiconductors, and robotics)

From private AI labs to public platforms, to the hardware and automation ecosystems beneath them, Ventuals provides one unified trading venue for the markets that are defining our future.

### Perpetual futures on Hyperliquid

Ventuals is built on top of Hyperliquid's proven perps orderbook infrastructure, using the [HIP-3 standard](https://hyperliquid.gitbook.io/hyperliquid-docs/hyperliquid-improvement-proposals-hips/hip-3-builder-deployed-perpetuals). Perpetual futures allow traders to go long or short with leverage on Ventuals markets.

### Trade with up to 20x leverage

You can go long or short with up to 20x leverage on Ventuals markets. Higher leverage = higher risk, because even small price moves can push you into liquidation territory. Trade accordingly.

### Cash out in dollars

Ventuals perpetuals are linear valuation contracts margined and settled in USDH, a US dollar-pegged stablecoin. PnL is cash-settled in USDH with no USDH/USD conversion.

## Quick links

{% content-ref url="overview/why-ventuals" %}
[why-ventuals](https://docs.ventuals.com/overview/why-ventuals)
{% endcontent-ref %}

{% content-ref url="overview/markets" %}
[markets](https://docs.ventuals.com/overview/markets)
{% endcontent-ref %}

## Market types

Learn more about our two types of perps — private companies and public stock indices.

{% content-ref url="perp-specifications/private-companies" %}
[private-companies](https://docs.ventuals.com/perp-specifications/private-companies)
{% endcontent-ref %}

{% content-ref url="perp-specifications/indices" %}
[indices](https://docs.ventuals.com/perp-specifications/indices)
{% endcontent-ref %}

## Ventuals points

Learn more about how to earn Ventuals points.

{% content-ref url="liquidity/maker-points" %}
[maker-points](https://docs.ventuals.com/liquidity/maker-points)
{% endcontent-ref %}

{% content-ref url="vhype/vhype" %}
[vhype](https://docs.ventuals.com/vhype/vhype)
{% endcontent-ref %}


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# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.ventuals.com/welcome-to-ventuals.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.