Digital wallet powerhouse Phantom is making a bold move into the world of leveraged cryptocurrency trading through a new, strategic integration with Hyperliquid. This partnership directly embeds perpetual futures trading within the Phantom wallet, offering users access to over 100 markets without the need for cumbersome external trading applications.
This significant update allows Phantom users to effortlessly take long or short positions with leverage on a wide array of popular digital assets, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and even trending meme coins like Dogecoin (DOGE) and PEPE. The feature is designed with a mobile-first interface, enabling users to manage their positions, set crucial stop-loss and take-profit orders, and execute trades seamlessly, even offering a built-in SOL-to-USDC converter for convenience.
"Our mission is to make crypto easy to use—now we’re doing the same for perps," stated Femi Awomosu, Senior Product Manager at Phantom, highlighting the company's commitment to simplifying complex financial tools for its growing user base.
The collaboration leverages Hyperliquid’s robust infrastructure, renowned for its high liquidity and rapid settlement speeds. The integrated interface strikes a balance between simplicity for new entrants and advanced features for seasoned traders, including tools for short selling and hedging. This move aims to democratize access to derivatives markets, which have traditionally been more complex and concentrated on centralized exchanges.
However, Phantom is not shying away from the inherent risks associated with leveraged trading. The company explicitly warns users that these products carry significant risks, including the potential for liquidation and fluctuating funding rates. Furthermore, due to existing regulatory restrictions, the new perpetual futures trading feature is currently unavailable to users in the United Kingdom.
With this launch, Phantom solidifies its position as one of the few crypto wallets to successfully combine an intuitive mobile design with direct access to professional-grade trading functionalities. This integration promises a new level of convenience and utility for its users, transforming the wallet from a mere asset holder into a comprehensive trading hub.
JUly 2025, Cryptoniteuae