- Phantom launches new perpetual trading feature
- 100+ markets available with up to 40x leverage
- Built on HyperliquidX’s powerful trading infrastructure
Phantom, best known for its popular Solana-based crypto wallet, has officially entered the perpetual trading space. With the launch of Phantom Perps, users can now access over 100 trading markets and leverage their positions up to 40x. This powerful new offering is made possible through a partnership with HyperliquidX, a high-performance decentralized trading protocol.
This marks a significant step in Phantom’s evolution—from being a simple wallet to becoming a full-featured DeFi trading hub. Traders looking for high-speed, low-cost transactions now have a compelling new option.
Key Features of Phantom Perps
Phantom Perps isn’t just about leverage—it’s about giving traders control, speed, and flexibility. Here’s what sets it apart:
- Wide Asset Selection: Trade over 100 different markets, including major and emerging cryptocurrencies.
- High Leverage Options: Go up to 40x on your positions, ideal for experienced traders looking to amplify returns.
- HyperliquidX Integration: Ensures rapid execution and minimal slippage, making trading smoother than ever.
- Non-Custodial Trading: Keep full control of your assets without relying on centralized platforms.
With these features, Phantom Perps competes directly with established centralized exchanges while keeping the benefits of decentralization.
Phantom’s Bigger DeFi Vision
The launch of Phantom Perps reflects Phantom’s broader ambition: to become a one-stop DeFi platform. By offering both wallet functionality and advanced trading features under one roof, Phantom is aiming to serve both new and experienced users in the crypto space.
This move also shows how wallets are evolving. No longer just tools for storing crypto, wallets like Phantom are becoming gateways to a range of financial services—from staking and swapping to full-on leveraged trading.
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