Phantom Wallet Launches Phantom Perps for 40x Leverage Trading

Phantom Wallet, a widely-used cryptocurrency wallet, has unveiled a new feature called Phantom Perps. This innovation allows users to trade perpetual futures directly within the wallet, utilizing up to 40x leverage. The feature is powered by Hyperliquid and is accessible through the Phantom mobile app, enabling users to engage in perpetual futures trading conveniently on their mobile devices.

With access to over 100 markets and a user-friendly mobile interface, Phantom Perps aims to make advanced trading tools accessible to both experienced traders and beginners. This development is significant as it simplifies the trading process, making it more user-friendly and potentially attracting a broader range of users to the cryptocurrency trading landscape.

The launch of Phantom Perps underscores Phantom Wallet's dedication to innovation and its efforts to remain at the forefront of the rapidly evolving cryptocurrency market. By integrating this feature, Phantom Wallet provides users with a new and exciting way to trade cryptocurrencies, potentially generating profits. This move is expected to be well-received by users, further enhancing the wallet's appeal and functionality.