Phantom Unlocks 100+ Markets with New Mobile Perps Feature

Phantom Launches Perps on Mobile

Phantom debuted its new perpetual futures (perps) feature within the Phantom wallet on July 9. With up to 40x leverage, customers may now access more than 100 markets thanks to the update. It primarily targets mobile consumers. People who seek strong trading tools without having to cope with complicated or untidy interfaces. The trading procedure is straightforward. It only takes a few clicks for users to go long or short.

Funding the account is also easy. Users can deposit SOL. It gets automatically converted to USDC on Hyperliquid. The new feature supports stop-loss and take-profit settings. It helps users manage risk even while on the move.

Hyperliquid's CEO and co-founder, Jeff Yan, described this action as daring and thrilling. He expressed his opinions about X. He said Phantom is helping bring finance fully onchain. He also said he felt honored that Phantom chose Hyperliquid to power the product. Yan praised the Phantom team for focusing on a clean and simple user interface.

He pointed out that Phantom now runs on Hyperliquid’s deep liquidity and fast execution. Yan believes this is just the beginning. He wants to see both teams scale and grow together. He views this as a milestone for the broader crypto and DeFi space.

Hyperliquid runs on a custom Layer-1 blockchain. It provides builders with powerful tools, reduced slippage, and quick execution. Phantom and other apps are supported by the platform without sacrificing decentralization or quality. Phantom gives its mobile consumers institutional-level speed and depth by leveraging Hyperliquid's infrastructure.

A unique part of this setup is “builder codes.” These let Phantom earn fees directly within the system. No need to compromise on transparency or liquidity. For traders, this means fewer failed trades and smoother performance. It also adds value for developers who want to build with freedom and profit.

Source: X

Trading Tools for Everyday Users

Phantom’s mission is to make crypto trading easier. Most perp platforms today still feel overwhelming. They are built for pro traders. The designs are not user-friendly. Phantom changes this. It brings everything inside the wallet. No need to switch apps or deal with cluttered dashboards.

From the Home tab, users can check prices, open trades, and manage positions. Real-time alerts help them stay informed. Automation tools make it easier to act quickly and manage risk. Even beginners can feel more confident with this setup. It’s simple, sleek, and effective.

Jeff Yan’s comments reflect something larger. This launch isn’t just about a new feature. It’s about what’s possible in mobile DeFi. Phantom took the front end. Hyperliquid handled the backend. The result is a strong, smooth product that works on mobile.

This is a new path forward. A mobile-first experience that doesn’t sacrifice speed or performance. Both teams are growing fast. This could be the model for the next wave of crypto products. Easy to use. Built for everyone. Still powerful under the hood.

Source: X

Final Thoughts

The combination of Phantom’s wallet design and Hyperliquid’s infrastructure shows real progress. It lowers the entry barrier. It keeps the advanced features. It lets more people try crypto trading without stress.

As more users enter the space, tools like these will matter more. Clean design and strong performance will win. Phantom and Hyperliquid might just be setting the standard.