Ventuals - Protocol Analytics

Ventuals is a decentralized trading protocol offering perpetual futures markets on private-company valuations and thematic public equity indices. Built on Hyperliquid’s HIP-3 orderbook infrastructure, it enables traders to go long or short with up to 20x leverage on assets such as SpaceX, OpenAI, or sector indices like semiconductors and robotics. Contracts are margined and settled in USDH, a US dollar-pegged stablecoin, allowing seamless cash-settlement without conversion. Ventuals unifies frontier technology markets into a single venue, combining private innovation exposure with liquid derivatives trading.