The deployment begins with today’s select users and expands in the coming weeks. The service leverages Hyperliquid’s infrastructure for liquidity provision and transaction settlement.
This new feature allows users to exchange permanent contracts with various meme tokens with key digital assets such as Bitcoin, Sol and ETK through mobile-first design integrated with Phantom’s existing wallet capabilities.
Users can run long and short positions with leverage, get automated stop losses and for-profit orders, and manage positions directly from the Phantom home tab. This platform automatically converts your SOL deposit to USDC with high lipids for trading.
Phantom noted that permanent futures trading services are not available in all jurisdictions, specifically indicating that the feature is not intended for UK audiences.
