Phantom Wallet Expands Into Perp Futures With Key Hyperliquid Hire
Phantom is doubling down on perpetual futures trading by bringing on market builders from Hyperliquid to accelerate the push.
Phantom, one of the most widely used crypto wallets in the Solana ecosystem, is making a calculated move deeper into perpetual futures trading by hiring market builders who previously worked on Hyperliquid, the high-performance decentralized derivatives exchange that has seen explosive user growth.
The hire signals that Phantom is not treating perpetual futures as a peripheral feature but rather as a core part of its product roadmap. By recruiting talent with hands-on experience building and scaling one of DeFi's most competitive perp platforms, Phantom is positioning itself to offer sophisticated trading tools directly inside its wallet interface — removing friction that typically pushes users toward standalone trading apps.
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Perpetual futures have emerged as one of the most active and lucrative segments of decentralized finance, generating billions in daily notional volume across chains. For a wallet provider, embedding perp trading natively could dramatically increase user engagement and protocol revenue, turning Phantom from a simple asset-management tool into a full-spectrum trading hub.
The strategic overlap with Hyperliquid is notable. Hyperliquid has distinguished itself through its on-chain order book architecture and low-latency execution, qualities that seasoned market builders from that environment would be expected to replicate or improve upon within Phantom's infrastructure. The move underscores a broader trend of wallet providers competing directly with specialized DeFi frontends for trader attention and volume.
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