PERP.WIKI

Ventuals vs Zellic

Hyperliquid ecosystem comparison · Prediction Markets

Ecosystem Pick
Different Focus Areas

Quick Take

Ventuals Pre-IPO perpetuals on HIP-3 — trade SpaceX, OpenAI, and more on HIP-3, while Zellic Rising star blockchain security firm with deep DeFi and cryptography expertise on Multi-Layer. They serve different niches in the Hyperliquid ecosystem.

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

Overview

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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Zellic logo

Zellic

Zellic is a rapidly growing blockchain security firm that combines deep smart contract expertise with strong cryptographic and systems security knowledge, serving protocols across EVM ecosystems including HyperEVM. Founded by top competitive CTF players, Zellic's team brings an attacker's mindset to every engagement, proactively identifying vulnerabilities in complex DeFi protocols, cross-chain bridges, and financial primitives. Zellic has audited hundreds of millions in TVL across lending protocols, DEXes, and infrastructure projects—many architecturally similar to what is being built on Hyperliquid. Their reports are known for clear vulnerability disclosure with actionable remediation guidance. For HyperEVM projects seeking an audit firm with fresh perspectives and a strong track record in cutting-edge DeFi security research, Zellic provides rigorous assessment that complements the traditional audit landscape and has earned a reputation as one of the most thorough firms for complex protocol reviews.

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Feature Comparison

FeatureVentuals logoVentualsZellic logoZellic
LayerHIP-3Multi-Layer
CategoryPrediction MarketsSecurity & Audits
StatusBetaActive
Launch Year2025
Websiteventuals.comzellic.io
Twitter@ventuals_xyz
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
pre-IPOperpetualsVCHIP-3VNTLS

Score Comparison

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

Feature Matrix

FeatureVentuals logoVentualsZellic logoZellic
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Layer Architecture

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

Category Focus

Ventuals is focused on prediction markets, while Zellic targets security & audits. They serve different user needs within the Hyperliquid ecosystem.

When to Use Each

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

Choose Zellic if you...

  • Want a security & audits solution on Multi-Layer
  • Need: Rising star blockchain security firm with deep DeFi and cryptography expertise

Ecosystem Integration

Ventuals logo

Ventuals

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

Zellic logo

Zellic

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

Community Verdict

Which do you prefer?

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