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Phantom introduces in-wallet perps buying and selling powered by Hyperliquid

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Phantom introduces in-wallet perps buying and selling powered by Hyperliquid

Explore the newest traits within the DeFi house. This article dives into: “Phantom introduces in-wallet perps trading powered by Hyperliquid”.

Key Takeaways

  • Phantom has launched in-wallet perpetual futures buying and selling powered by Hyperliquid, supporting over 100 crypto markets.
  • The characteristic permits leveraged buying and selling and integrates place administration instruments, with computerized SOL-to-USDC conversion for buying and selling.

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Phantom, a distinguished digital asset wallet supplier, introduced Tuesday the launch of perpetual futures buying and selling powered by Hyperliquid, providing customers entry to over 100 crypto markets immediately inside their wallet interface.

The rollout begins with choose customers at this time and can develop within the coming weeks. The service leverages Hyperliquid’s infrastructure for liquidity provision and transaction settlement.

The new characteristic permits customers to commerce perpetual contracts for main digital property like Bitcoin, SOL, and ETH, in addition to varied meme tokens, by way of a mobile-first design that integrates with Phantom’s current wallet performance.

Users can execute lengthy and quick positions with leverage, set automated stop-loss and take-profit orders, and handle positions immediately from Phantom’s Home tab. The platform converts customers’ SOL deposits routinely to USDC on Hyperliquid for buying and selling.

Phantom famous that the perpetual futures buying and selling service shouldn’t be accessible in all jurisdictions and particularly indicated that the characteristic shouldn’t be supposed for UK audiences.

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