The move introduces perpetual futures directly within the Phantom wallet, offering access to over 100 markets—all without the need for separate trading apps.

The new feature allows users to take long or short positions with leverage on popular assets such as Bitcoin, Ethereum, Solana, and trending tokens like Dogecoin and PEPE. Through a mobile-first interface, users can manage positions, set stop-loss and take-profit orders, and execute trades using a built-in SOL-to-USDC converter.

“Our mission is to make crypto easy to use—now we’re doing the same for perps,” said Femi Awomosu, Senior Product Manager at Phantom.

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The partnership brings Hyperliquid’s robust infrastructure to Phantom, ensuring high liquidity and fast settlement speeds. Designed for both new and seasoned traders, the interface balances simplicity with advanced features like short selling and hedging tools.

While the integration aims to democratize access to derivatives markets, Phantom warns that leveraged trading carries significant risk, including potential liquidation and fluctuating funding rates. The feature is currently not available to users in the UK due to regulatory restrictions.

With this launch, Phantom positions itself as one of the few crypto wallets to combine intuitive mobile design with direct access to professional-grade trading features—bringing a new level of convenience and functionality to its users.

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