Perpetual futures see more than $ 100 billion in volume of daily negotiation, but most platforms still serve professionals. Phantom’s mobile approach could be the bridge or breakup for retail adoption.
On July 8, Phantom, the best known cryptographic wallet for its perfect integrations of Solana and Ethereum, implemented perpetual futures that are negotiated directly within its application.
Unlike the traditional Pers of Pers that overwhelm users with complex orders books and advanced graphics tools, the implementation of Phantom Derived Tiring that are negotiated to their basic concepts, allowing users to open leverage positions in some touches, right next to their NFT collections and token balances.
The feature, driven by Hyperliquid infrastructure, offers more than 100 markets, from blue chips such as Bitcoin (BTC) and Ethereum (Eth) to volatile meme coins, such as Dogecoin (DOGE) and Pepe (Pepe).
Can Phantom’s perses close the gap or expand the risk division?
Phantom’s movement towards the perpetual future is a fire test for Crypto’s retail adoption. Derivatives represent almost 75% of the entire criptography trade volume, however, most platforms remain discouraging for casual users, with interfaces crowded by advanced tools such as conditional orders and depth tables.
On the contrary, Phantom said in the Press release That its integration reduces the process to three steps: finance a position with sun (automatically converted to USDC), choose a market and establish leverage. There are no bridge assets, without separate exchange accounts, only a native wallet experience.
Accessibility could be a double -edged sword. On the one hand, it reduces the barrier for non -professionals to get involved with leverage markets, which have historically been dominated by coverage funds and algorithmic merchants. On the other hand, it introduces the risks inherent to the derivatives, such as liquidation, financing rates and amplified losses, to an audience that may not completely understand mechanics.
Phantom issued an explicit warning that the characteristic is not available in the United Kingdom, where the financial behavior authority has adopted a hard line position on cryptographic derivatives, especially for retail merchants, since the beginning of 2021.
Other jurisdictions with strict derivative regulations can make their example, although Phantom has not yet published a complete list of restricted regions.