Hydrothermal ventA hydrothermal vent is a fissure on the seabed from which geothermally heated water discharges. They are commonly found near volcanically active places, areas where tectonic plates are moving apart at mid-ocean ridges, ocean basins, and hotspots. Hydrothermal deposits are rocks and mineral ore deposits formed by the action of hydrothermal vents. Hydrothermal vents exist because the earth is both geologically active and has large amounts of water on its surface and within its crust.