PANews reported on June 15th that Ventures, a Hyperliquid ecosystem project, announced the gradual shutdown of its platform. The team will join another team building within the Hyperliquid ecosystem. Ventures originally offered 24/7 private market trading, allowing users to gain exposure to private technology companies like OpenAI and Anthropic before their IPOs, raising over 500,000 HYPE tokens and generating over $650 million in trading volume. The announcement stated that all markets based on HIP-3 will settle at preset TWAP or external prices and cease trading. The OpenAI and Anthropic markets will freeze TWAP for 24 hours starting today and will be closed. The commodity and index markets will settle at external prices such as CME after the regular trading day on June 18th. All vHYPE holders can withdraw their deposited HYPE and native staking rewards 1:1. The Ventures points and referral program will terminate immediately, and no new tokens will be issued.