DEFENSE
Indices
Contract Specs
Key market data for the live DEFENSE perpetual on Ventuals.
Fees shown use Tier 0 defaults with no wallet-specific discounts.
This market is currently isolated-only. Cross margin is enabled per market by the deployer.
About Ventuals
Trade pre-IPO companies — OpenAI, SpaceX, and more
- Optimistic Oracle for private company valuations
- Incubated by Paradigm
- Pre-IPO: OpenAI, SpaceX, Anthropic, Databricks, etc.
- Sector indices: MAG7, SEMIS, ROBOT, NUCLEAR, DEFENSE
- Non-linear funding rate tiers for volatile assets
- Settlement at IPO based on first-day closing market cap
- Cross-margin across USDH HIP-3 DEXes (Unified Account)
When supported markets are enabled, Unified Account can share USDH margin with Kinetiq Markets, Felix Exchange.
DEFENSE (DEFENSE) is a perpetual futures contract available on Ventuals through the Hyperliquid HIP-3 protocol. Traders can access up to 20x leverage using USDH as margin collateral. This market currently operates in isolated margin mode only. Ventuals has enabled Growth Mode for this asset, offering reduced trading fees. Visit Hip3Hub for live pricing, funding rate tracking, and fee comparison across all HIP-3 DEXes on Hyperliquid.