Phantom wallet introduces on-chain perpetual futures trading with 40x leverage

Description

The popular Solana wallet Phantom has just announced a major update for its users with the launch of on-chain perpetual futures trading, offering up to 40x leverage.

Publish date

July 9, 2025

Publisher

Cryptopolitan

Web URL

https://www.cryptopolitan.com/phantom-adds-on-chain-perpetuals

Referenced by

Phantom launches on-chain perpetual futures trading

Crypto news

News story

The Phantom team still stresses responsible use. The platform features warnings, educational pop-ups, and even an explicit disclaimer before a user can open a futures position. The feature is also opt-in, so you must consent to the risks before taking advantage of it.

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And Phantom’s ambitious move amounts to a litmus test for whether retailers will adopt crypto derivatives.

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