On July 8, 2025, Phantom, the crypto wallet known for its seamless Solana and Ethereum integrations, launched perpetual futures trading directly within its app.
Overview of Phantom Perps Feature
Phantom has launched a new feature that allows users to open positions in perpetual futures across more than 100 markets, including popular cryptocurrencies like Bitcoin and Ethereum, as well as meme coins like Dogecoin and Pepe.
Simplifying Trading for Retail Investors
Unlike traditional platforms that overwhelm users with complex tools, Phantom offers a straightforward, intuitive trading process in three steps: fund a position with SOL, pick a market, and set leverage.
Risks and Limitations of the New Feature
Phantom warns of caution, as the new feature is not available in the UK due to strict rules from financial regulators. The simplification of access to perpetual futures trading may increase risks for inexperienced investors.
The introduction of perpetual futures in the Phantom app can make these financial instruments more accessible to retail investors, but it is important to be aware of the associated risks.
