Phantom Wallet Integrates Perpetual Trading with Hyperliquid

Phantom Wallet has introduced perpetual trading integration powered by Hyperliquid's API. This allows users in the EU to trade perpetual contracts directly within the wallet interface, with up to 40x leverage and stop-loss and take-profit features.

The move is seen as a competitive effort against new perpetual trading plans from Coinbase and Robinhood in the race for user acquisition. Phantom maintains its conviction that wallets will become the primary gateway for on-chain activity over traditional exchanges.

Hyperliquid has generated over $1.57 trillion in perpetual futures volume over the past 12 months across multiple blockchain networks, including Solana, Ethereum, Bitcoin, Base, and upcoming Monad integration.