Ventuals Raises $38M in HYPE Deposits Within 30 Minutes to Fund HIP-3 Markets

Deal Summary

Ventuals launched a HYPE liquid staking vault to fund its HIP-3 permissionless derivatives market, collecting roughly $38 million (just over 1 million HYPE) within the first 30 minutes and reaching 1.29 million HYPE by time of reporting. The launch included a 500,000 HYPE minimum stake threshold and incentives for early depositors.