---
title: "Venice AI's Price Surge Boosts Trading Activity"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286054910.md"
description: "On May 12, trading activity for Venice AI (VVV) contracts surged on Hyperliquid, with a 24-hour volume exceeding $39 million and open interest at $32.9 million. The price increase has generated significant profits for the largest on-chain address, which leveraged 3x to long 123,000 VVV tokens at an average price of $8.34. This position is now valued at approximately $2.2 million, yielding an unrealized profit of about $1.2 million, or a 1.6x return on investment."
datetime: "2026-05-12T07:34:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286054910.md)
  - [en](https://longbridge.com/en/news/286054910.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286054910.md)
---

# Venice AI's Price Surge Boosts Trading Activity

On May 12, trading activity for Venice AI (VVV) contracts has significantly increased on the centralized exchange Hyperliquid, according to BlockBeats On-chain Detection. The 24-hour trading volume surpassed $39 million, with open interest reaching $32.9 million. The recent price surge of VVV has led to notable profits for the largest on-chain address involved in this rally. The address, 0xfdf, utilized a 3x leverage to long 123,000 VVV tokens at an average price of $8.34. The current value of this position is approximately $2.2 million, resulting in an unrealized profit of about $1.2 million, equating to a 1.6x return on the initial investment.

### Related Stocks

- [VVV.US](https://longbridge.com/en/quote/VVV.US.md)
- [PURR.US](https://longbridge.com/en/quote/PURR.US.md)

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