Hyperliquid loses Anthropic, OpenAI market as creators exit project

One of the largest providers of private company stock trading in Hyperliquid is closing its doors, signaling the start of consolidation in this hot new market.

Ventuals, a permanent futures project tied to OpenAI and Anthropic Valuation, said on Monday that the project is coming to an end and the team will join another project building within the Hyperliquid ecosystem.

This action halted trading in the OPENAI and ANTHROPIC markets and resulted in automatic settlement of all positions. Other markets are scheduled to close in the future. The team says it has generated over $650 million in trading volume and attracted over 500,000 HYPEs from community support during its period of operation.

The closure comes as cryptocurrency trading venues increasingly move beyond digital assets and into markets traditionally associated with Wall Street. Traders can now use perpetual futures to speculate on commodity, stock, and private company valuations through blockchain-based markets.

Hyperliquid has become one of the leading venues for this trend. The exchange processed about $234 billion in perpetual futures trading volume over the past month, according to DefiLlama data.