Phantom Wallet launches non-custodial Perptual Futures trading in the EU, supporting 40x leverage.

Phantom integrates its Web3 wallet directly with Perptual Futures trading functionality, open to EU users. Users can directly conduct long and short trading of digital assets within the Wallet, with a maximum leverage of 40x.

• Non-custodial and Liquidity: Trading is powered by Hyperliquid, allowing users to maintain full non-custodial control of their funds at all times. The service provides fast settlement and deep liquidity, without the need to switch between multiple applications.
• Phased Launch and Wallet Vision: The feature will initially be available to some EU users and will gradually roll out over the coming weeks. It can be operated within the “Home” tab of the Wallet, alongside token/NFT management. Phantom believes that the Wallet will replace exchanges as the main entry point.
• Mobile-First Strategy: While platforms like Robinhood have similar plans, Phantom advances with a mobile-first and user-driven approach, integrating leverage tools, risk management settings, and real-time alerts to create a one-stop trading experience.

Bitcoin ( BTC ) Perptual Futures: Trading BTC price fluctuations within the Wallet

• Long/Short BTC: Phantom now supports Bitcoin Perpetual Futures trading. Users can directly long or short BTC within the App without holding actual assets and can use leverage to amplify their returns.
• USDC Settlement and SOL Conversion: All transactions are settled in USDC, and the platform automatically converts users’ SOL to USDC, simplifying the process.
• Simple Interface and Risk Control: Execute Bitcoin market orders through a simple interface, supporting the setting of stop-loss and take-profit strategies. Flexibly adjust risk exposure and position size using the in-app leverage slider.
• Unified Asset Management: Trading positions and wallet assets are displayed on the same screen, achieving integration of trading and asset management. Meeting the mobile BTC trading needs, funds are securely stored in a self-owned wallet, facilitating quick decision-making in a volatile market.

Ethereum ( ETH ) Perpetual Futures: Capture short-term fluctuations, non-custodial leveraged trading

• ETH Price Change in Trading: Ethereum Perptual Futures are now available, allowing users to profit from short-term price fluctuations of ETH. Users can manage their leveraged ETH positions directly from the mobile interface.
• USDC Settlement Consistency: Similar to BTC, all ETH transactions are settled in USDC to maintain consistency.
• Real-time Risk Control Tools: Real-time Market Alerts help users quickly respond to the high liquidity environment of ETH. The Automatic Stop Loss and Take Profit Function makes it easy to lock in profits or limit losses, with convenient operation.
• Convenient Trading of Core DeFi Assets: As the cornerstone of DeFi and smart contracts, users can now trade ETH Perptual Futures without giving up self-custody. The integration reduces the barriers to leveraged trading, enhances flexibility of crypto asset portfolios, and ensures market connectivity at all times on mobile.

Solana(SOL) Perptual Futures: Native ecosystem support, one-click leveraged trading

• Deepening the Solana Ecosystem: Phantom has added Solana Perptual Futures trading, highlighting its foundation in the Solana blockchain. Users can engage in leveraged SOL trading, enjoying instant settlement and adjustable leverage.
• Mobile Optimization and Efficient Settlement: The trading view is optimized for mobile (supported by Hyperliquid technology). Opening a position requires just a tap, and the App automatically converts SOL to USDC for Futures Trading settlement.
• Integrated Position Tracking: Position Tracking is directly integrated into the wallet homepage tab, providing a clear and intuitive experience. The design reduces operational friction and includes key risk management tools.
• Empowering SOL Holders: SOL is the core of Phantom, and its inclusion ensures that users enjoy advanced trading features. Increases utility for SOL holders by providing direct hedging or speculation pathways within the wallet. Continuously enhancing multi-chain capabilities while upholding user control.