Ventuals (HIP-3) VLP Vault
The de facto source of liquidity for Ventuals.
The Ventuals (HIP-3) Liquidity Provider (VLP) vault executes market making strategies on Ventuals and receives a portion of trading fees. The community can provide liquidity for the vault to share its pnl. This vault is hosted in partnership with the Ventuals team as the de facto source of liquidity for Ventuals HIP-3 Exchange. This vault uses caps, with cap increases in the future at the request of Ventuals.
What is Ventuals?
Ventuals focusses on making private markets public by enabling perps trading for the most innovative private companies in the world, unlocking access to a multi-trillion dollar asset class that normal investors have historically been locked out of.
On Ventuals, you can:
Long or short private companies like Cursor, OpenAI, and SpaceX.
Trade with up to 10x leverage.
Deposit stablecoins to provide liquidity into the Ventuals Liquidity Provider Vault by Hyperbeat to earn. This vaults role is similar to that of HLP for Hyperliquid.
Ventuals is built on Hyperliquid's proven perps orderbook infrastructure, using the HIP-3 standard.
What happens to deposited assets?
Deposited assets will be allocated to market-making strategies on Ventuals once HIP-3 is live. Until then, as the HIP-3 launch date is still to be confirmed, assets will be put to work in hbUSDT to generate a competitive yield as requested by Ventuals.
Proof of solvency
Can I withdraw from the Hyperbeat (HIP3) VLP vault?
Yes, migration or instant withdrawals are available as the vault is being unwound.
Is the Hyperbeat (HIP3) VLP vault audited?
Yes, three times, twice by Hacken (1, 2) and once by Sherlock.
Will I be charged fees while in the vault?
No fees will be charged on Hyperbeat VLP until HIP-3 goes live. In the meantime, assets will be deposited into hbUSDT to generate a base yield. All hbUSDT APYs are shown net of fees and are public here. Until HIP-3 goes live VLP vault depositor will earn the same rewards as deposits into hbUSDT do, as well as any additional VLP vault specific rewards.
What are the risks involved?
Liquid vaults carry smart contract risks along with varying levels of economic risk.
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