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

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