PERP.WIKI

HyperLaunch vs Ventuals

Hyperliquid ecosystem comparison · NFTs & Collectibles

Ecosystem Pick
Different Focus Areas

Quick Take

HyperLaunch Permissionless NFT and token launchpad native to the HyperEVM ecosystem on Multi-Layer, while Ventuals Pre-IPO perpetuals on HIP-3 — trade SpaceX, OpenAI, and more on HIP-3. They serve different niches in the Hyperliquid ecosystem.

Based on public data for HyperLaunch and Ventuals. Key differentiators: layer deployment, fee structure, liquidity depth, and community adoption. Last reviewed: Mar 2026.

Overview

HyperLaunch logo

HyperLaunch

HyperLaunch is a permissionless NFT and token launchpad native to the HyperEVM ecosystem, enabling projects to launch collections, conduct fair sales, and build communities directly on Hyperliquid's blockchain. HyperLaunch's launchpad framework supports multiple sale mechanisms including Dutch auctions, whitelist mints, and bonding curve launches—giving project teams flexibility in how they distribute tokens and NFTs to their communities. Integrated with Hyperliquid's native spot order books, HyperLaunch-launched NFTs and tokens can immediately begin trading on Hyperliquid's market infrastructure without needing additional DEX listings. The platform's built-in royalty enforcement and creator royalty splits ensure sustainable economics for HyperEVM creative projects. As Hyperliquid's NFT ecosystem matures, HyperLaunch serves as the primary infrastructure for bootstrapping new community projects and token launches within the Hyperliquid universe, lowering barriers for builders to access the ecosystem's growing user base.

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Ventuals logo

Ventuals

Ventuals is a pioneering on-chain derivatives protocol built natively on Hyperliquid's HIP-3 infrastructure, focused on bringing private company valuations and pre-IPO markets to decentralized finance. By tokenizing equity-linked perpetual futures for private AI labs, tech platforms, and emerging hardware and automation companies, Ventuals creates a unified trading venue for assets previously inaccessible to on-chain participants. The protocol launched its vHYPE liquid staking vault in October 2025, attracting over $38 million in deposits within 30 minutes — a testament to demand for its novel market structure. Capital locked in the vHYPE vault funds collateral backing for Ventuals' HIP-3 perpetual markets, directly aligning staker incentives with protocol growth. Users can trade permissionless perps on pre-IPO company valuations, earn staking rewards on vHYPE deposits, and accumulate protocol points through trading volume and liquidity provision. Settlements leverage Hyperliquid's proven order book and clearing infrastructure, delivering the speed and transparency of a top-tier CEX with full on-chain settlement. Ventuals represents a new DeFi frontier: liquid, transparent derivatives on the private companies shaping the future of AI, hardware, and tech.

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Feature Comparison

FeatureHyperLaunch logoHyperLaunchVentuals logoVentuals
LayerMulti-LayerHIP-3
CategoryNFTs & CollectiblesPrediction Markets
StatusActiveBeta
Launch Year2025
Websitehyperlaunch.xyzventuals.com
Twitter@ventuals_xyz
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
pre-IPOperpetualsVCHIP-3VNTLS

Score Comparison

HyperLaunchVentuals
Open Source
HyperLaunch
Not public
Ventuals
Not public
Verified
HyperLaunch
Unverified
Ventuals
Unverified
Ecosystem Breadth
HyperLaunch
0 tags
Ventuals
5 tags
Maturity
HyperLaunch
Unknown
Ventuals
Since 2025

Feature Matrix

FeatureHyperLaunch logoHyperLaunchVentuals logoVentuals
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Layer Architecture

HyperLaunch operates on Multi-Layer (spans multiple hyperliquid layers), while Ventuals runs on HIP-3 (permissionless custom perpetual markets). This affects composability, transaction speed, and the types of integrations each protocol supports.

Category Focus

HyperLaunch is focused on nfts & collectibles, while Ventuals targets prediction markets. They serve different user needs within the Hyperliquid ecosystem.

When to Use Each

Choose HyperLaunch if you...

  • Want a nfts & collectibles solution on Multi-Layer
  • Need: Permissionless NFT and token launchpad native to the HyperEVM ecosystem

Choose Ventuals if you...

  • Want a prediction markets solution on HIP-3
  • Need features like pre-IPO and perpetuals
  • Need: Pre-IPO perpetuals on HIP-3 — trade SpaceX, OpenAI, and more

Ecosystem Integration

HyperLaunch logo

HyperLaunch

HyperLaunch operates on Multi-Layer (spans multiple hyperliquid layers). Spanning multiple layers lets it combine the strengths of each, though integration complexity is higher.

Ventuals logo

Ventuals

Ventuals operates on HIP-3 (permissionless custom perpetual markets). Through HIP-3, it enables permissionless creation of custom perpetual markets.

Community Verdict

Which do you prefer?

Share your experience with HyperLaunch or Ventuals to help others in the Hyperliquid community make better decisions.

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