Ventuals: HIP-3 DEX Fully Shuts Down, vHYPE Withdrawals Now Available

BlockBeats News, June 19, Ventuals announced that the HIP-3 DEX has been fully shut down, and vHYPE withdrawals have now begun. Approximately 380,775 HYPE from the full withdrawal queue was processed around 10 a.m. EDT today. All previously queued vHYPE withdrawals were included in this batch processing.

Ventuals advised all vHYPE holders to initiate withdrawals, stating that 100% of vHYPE holders can redeem HYPE at a 1:1 ratio and receive the accumulated native staking rewards since their initial deposits.