Phantom’s trading interface simplifies the user experience by using only three steps to trade perpetuals: Deposit SOL, let the wallet swap SOL to USDC automatically and then select market and leverage.

Quotes that support claims

By contrast, Phantom said in the press release that its integration reduces the process to three steps: fund a position with SOL (automatically converted to USDC), pick a market, and set leverage.

They also simplified the entire process, deposit with SOL, and let the wallet swap to USDC automatically. From the next screen, they select a market and pick their desired leverage.