Phantom’s New Era: In-Wallet Perpetual Futures Trading
Phantom, one in all the leading crypto wallets on the Solana blockchain, has taken a major step forward by introducing in-wallet perpetual futures trading, due to a collaboration with Hyperliquid. Unveiled over July 8 and 9, 2025, this upgrade lets users dive into over 100 crypto markets—think BTC, ETH, SOL, DOGE, and PEPE—with leverage as much as 40×, all inside the Phantom app.
The Evolution of Self-Custody Wallets
This launch isn’t only a minor update; it’s a game-changer for self-custody wallets. As decentralized derivatives are claiming a bigger slice of the worldwide crypto trading pie, Phantom’s latest feature set is redefining what a mobile wallet can do within the DeFi space. No longer tied to centralized exchanges, Phantom users, through Hyperliquid, can now engage in swift, non-custodial futures trading.
Hyperliquid: The Key to User-Friendly Trading
Traditional decentralized exchanges can feel like a maze, with the necessity to bridge assets and juggle quite a few wallets. Phantom, nevertheless, streamlines the experience by allowing direct SOL deposits, that are seamlessly converted to USDC for trading. It’s all about removing the effort, letting users skip the flowery onboarding and jump straight into trading.
The perpetual futures trading feature is nestled right into the Home tab of Phantom’s app, offering a well-known interface where users can manage margins, monitor open positions, and execute trades. Built-in risk management tools similar to stop-loss and take-profit orders are at your fingertips. Plus, the app provides real-time updates and analytics, making it user-friendly even for many who aren’t trading veterans.
According to Phantom’s blog, “Perps now account for nearly 75% of all crypto trading volume. We’re committed to bringing that same level of access and power to our users’ pockets, ensuring both speed and safety.”
Mindful of Regional Regulations and Risk
Despite its accessibility, Phantom has arrange regional restrictions and safety nets. The latest feature won’t be available within the UK and other areas with strict derivatives regulations. Phantom has included risk disclosures, educational prompts, and opt-in confirmations to assist users grasp the risks tied to leverage, similar to liquidation and funding fees.
The rollout is gradual. Initially, only a select group of users will get a taste, with a wider release planned soon. This phased approach allows Phantom to collect feedback and make sure the system’s stability as demand grows.
Phantom: A Comprehensive DeFi Hub
By integrating perpetual futures directly into its mobile wallet, Phantom is boldly stepping towards becoming a full-fledged DeFi hub. Beyond swaps, staking, and NFTs, users can now engage in complex derivatives trading without losing control of their assets.
The partnership with Hyperliquid highlights a broader DeFi movement toward creating fast, seamless, and secure alternatives to centralized exchanges. As the on-chain trading infrastructure evolves, Phantom is positioning itself on the forefront—catering to mobile-first traders who seek high performance without sacrificing control.
With perpetual futures trading now live within the wallet, Phantom users have a strong latest tool to explore—setting a fresh benchmark for what a crypto wallet can offer.
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