CryptoPhantom introduces in-wallet perps trading powered by Hyperliquid

Phantom introduces in-wallet perps trading powered by Hyperliquid

-


Key Takeaways

  • Phantom has launched in-wallet perpetual futures trading powered by Hyperliquid, supporting over 100 crypto markets.
  • The feature allows leveraged trading and integrates position management tools, with automatic SOL-to-USDC conversion for trading.

Share this article

Phantom, a prominent digital asset wallet provider, announced Tuesday the launch of perpetual futures trading powered by Hyperliquid, offering users access to over 100 crypto markets directly within their wallet interface.

The rollout begins with select users today and will expand in the coming weeks. The service leverages Hyperliquid’s infrastructure for liquidity provision and transaction settlement.

The new feature allows users to trade perpetual contracts for major digital assets like Bitcoin, SOL, and ETH, as well as various meme tokens, through a mobile-first design that integrates with Phantom’s existing wallet functionality.

Users can execute long and short positions with leverage, set automated stop-loss and take-profit orders, and manage positions directly from Phantom’s Home tab. The platform converts users’ SOL deposits automatically to USDC on Hyperliquid for trading.

Phantom noted that the perpetual futures trading service is not available in all jurisdictions and specifically indicated that the feature is not intended for UK audiences.

Share this article





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

CZ called pardon reports false, now he’s applying for one

According to CZ, he only applied for a pardon two weeks ago, after Bloomberg and the Wall Street...

Microsoft shares $500M in AI savings internally days after cutting 9,000 jobs

Microsoft’s chief commercial officer Judson Althoff said during a presentation this week that AI tools are boosting productivity...

US Dollar Dominance Under Fire as Sanctions Push Nations to Alternatives

A top Russian diplomat has squarely blamed former President Joe Biden for the U.S. dollar’s shrinking dominance in...

Advertisement

US Spot Bitcoin ETFs See Strong Momentum with Over $800M Inflows in Three Days

Institutional money is pouring back into  U.S. spot Bitcoin ETFs at record rates. Bitcoin exchange-traded funds kicked off...

Careful when signing messages in Ethereum Pectra

Security researchers flagged Ethereum’s Pectra update for heightened risk of theft from malicious smart contracts. Source link

Must read

You might also likeRELATED
Recommended to you