POPA ReconHIP-3 Faces Growing Concentration Risk as More Deployers Exit Hyperliquid
HIP-3 Faces Growing Concentration Risk as More Deployers Exit Hyperliquid Ventuals has announced it is shutting down operations and settling all active HIP-3 markets, becoming the second major HIP-3 deployer to exit after Felix. The team cited a strategic move to join another project within the Hyperliquid ecosystem. Despite generating over $650M in trading volume and attracting more than 500K HYPE, Ventuals ultimately failed to build a sustainable business. According to Blockworks Research, most non-TradeXYZ deployers remain unprofitable, with several still operating at a cumulative loss.…
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