The Hyperliquid ecosystem project said its HIP-3 DEX has now fully closed, with about 380,775 HYPE processed in the withdrawal queue and HYPE claims expected to open from 10 p.m. ET on June 26.
Ventuals has completed another step in its previously announced shutdown, saying on June 19 that its HIP-3 DEX has been fully closed and the vHYPE withdrawal process has begun. The Hyperliquid ecosystem project said about 380,775 HYPE in the withdrawal queue was processed around 10 a.m. ET, with users able to claim HYPE 7.5 days later, expected from 10 p.m. ET on June 26. It had earlier frozen its commodity and index markets, saying open positions would be automatically settled using final mark prices from that day’s regular-session close. Ventuals advised all vHYPE holders to withdraw, adding that holders can redeem HYPE on a 1:1 basis and receive native staking rewards accrued since deposit.