Phantom launches perpetual contract trading feature supported by Hyperliquid in the wallet

according to TheBlock, Phantom has directly launched perpetual contract trading features within its Web3 wallet, supported by Hyperliquid, initially targeting EU customers.

The product utilizes a permissionless integration with the Hyperliquid API to access the market, allowing eligible users to trade perpetual contracts directly within the Web3 wallet while retaining non-custodial control over their positions.

The user experience is similar to an intuitive extension of the Phantom core interface, offering up to 40x leverage, stop-loss, take-profit, and real-time alerts.