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Phantom Wallet is introducing perpetual contract trading functionality powered by Hyperliquid.

By: theblockbeats.news|2025/07/09 00:17:08

BlockBeats News, July 9th, Phantom announced the direct launch of perpetual contract trading functionality within the Web3 wallet, supported by Hyperliquid, initially targeting EU customers. The product leverages a permissionless integration with the Hyperliquid API to access the market, enabling eligible users to trade perpetual contracts directly within the Web3 wallet while retaining non-custodial control of their positions. The user experience resembles Phantom's core interface with an intuitive extension, offering up to 40x leverage, stop-loss, take-profit, and real-time alerts.

a16z liquidated COMP and transferred a total of 800,000 COMP to CEX within 10 days

A whale that once made a profit of $30 million sold 33,582 ETH in the early morning