Markets

Perpetual futures on Hyperliquid

Ventuals is built on top of Hyperliquid's proven perps orderbook infrastructure, using the HIP-3 standard. Perpetual futures allow traders to go long or short with leverage on Ventuals markets.

Trade valuations, not shares

Instead of share prices, on Ventuals you trade on whether you think the total valuation of the company is going to go up or down. When you have a position in a company on Ventuals, you do not have any underlying economic ownership in the company – you're merely speculating on its valuation change.

Company valuations are divided by 1 billion and represented as Valuation Units for easy readability. For example: if the valuation of SpaceX on Ventuals is at $420.69B, then the price of 1 SPACEX= $420.69.

Private markets, made public

Ventuals allows you to trade the most innovative private technology companies in the world, spanning the AI, robotics, space, defense, and crypto industries. This is a fast-growing, trillion-dollar asset class that everyday investors have historically been locked out of.

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.

Best-in-class liquidity

We're partnering with top-tier market makers to provide liquidity on these assets, improving both access and execution for users compared to existing secondary sale marketplaces in traditional finance.