380k HYPE tokens processed in batch, HIP-3 officially concludes— from the pre-IPO narrative to an orderly exit, this experiment in the Hyperliquid ecosystem at least didn't leave users' funds stuck on the chain.

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Hyperliquid Ecosystem Pre-IPO Trading Platform Ventuals announced that its HIP-3 DEX has been completely shut down, and vHYPE withdrawals have now begun. Around 10:00 AM Eastern Time today, the platform processed the entire withdrawal queue of approximately 380,775 HYPE tokens, including all vHYPE withdrawals that were previously queued. Ventuals stated that after the withdrawal processing, users need to wait 7.5 days to receive their funds. Users are expected to be able to retrieve their HYPE tokens on June 26 at 10:00 PM Eastern Time.
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