According to @phantom, Phantom Perps are not available in all jurisdictions and users should confirm local eligibility before trading, source: @phantom on X, Dec 9, 2025. According to @phantom, the referenced leverage reflects only the highest maximum among newly listed markets and actual leverage varies by market, so traders must review each market’s details before placing orders, source: @phantom on X, Dec 9, 2025. According to @phantom, perpetual contracts involve significant risk, the content is informational only, and past performance does not guarantee future results, source: @phantom on X, Dec 9, 2025.

According to @phantom, new perpetual futures markets went live in Phantom between Dec 2 and Dec 8, 2025 (source: Phantom on X, Dec 9, 2025). This confirms additional perps listings became available for execution inside the Phantom interface during that week, expanding the platform's tradable derivatives set for active traders (source: Phantom on X, Dec 9, 2025). The announcement did not specify individual pairs in the note shared, indicating traders should reference Phantom's in-app markets list for full details during the 12/2–12/8 launch window (source: Phantom on X, Dec 9, 2025).

According to @phantom, Phantom Perps are not available in all regions. source: Phantom on X, Dec 8, 2025. According to @phantom, trading perpetual contracts carries significant risk and may be unsuitable for some users. source: Phantom on X, Dec 8, 2025. According to @phantom, tokens from launchpads and newly listed assets can be highly volatile and speculative. source: Phantom on X, Dec 8, 2025.

According to @phantom, Phantom Perps rolled out three trading features in the past month: limit orders to enter at a target price, an Explore view to see what markets are trending on Phantom, and chart tools that let traders drag and drop to adjust stop-loss and take-profit levels (source: https://x.com/phantom/status/1985761943324672134, Nov 9, 2025). According to @phantom, the team also asked traders which features they want next, highlighting ongoing iteration relevant for perps users seeking tighter execution and risk management workflows (source: https://x.com/phantom/status/1985761943324672134, Nov 9, 2025).

According to @phantom, Phantom Perps now offers faster account funding in as little as 5 seconds, reducing deposit-to-trade wait times for derivatives traders; source: @phantom on X, Oct 7, 2025. According to @phantom, the minimum deposit has been lowered to $5, allowing smaller position sizing and incremental capital deployment for perps users; source: @phantom on X, Oct 7, 2025. According to @phantom, supported funding assets now include USDC, USDT, PSOL, and SOL, expanding on-ramp flexibility for Solana-based trading; source: @phantom on X, Oct 7, 2025. According to @phantom, these updates are live for deposits under $5,000 and are powered by Relay Protocol; source: @phantom on X, Oct 7, 2025.

According to @phantom, Phantom Perps is now live with add to existing positions, partial closes, add or remove margin, move stop loss above entry, close all positions in one tap, flip long ↔ short, a faster market search bar, and shareable PNL cards, delivered over the past two weeks (source: Phantom on X, Sep 18, 2025). These tools enable granular control of entries, exits, margin, and stops for faster risk management and execution inside Phantom Perps (source: Phantom on X, Sep 18, 2025). The update also improves navigation and post-trade sharing via market search and PNL cards, aiding trade discovery and performance communication for active derivatives traders (source: Phantom on X, Sep 18, 2025).

According to Phantom, margin management is now live on Phantom Perps, allowing traders to add margin to reduce liquidation risk and remove margin to free up capital; source: Phantom on X, Sep 15, 2025. This release gives users more control over position risk and capital efficiency directly within Phantom Perps; source: Phantom on X, Sep 15, 2025.

According to @phantom, Phantom Perps has reached $10B in trading volume, with the announcement explicitly highlighting HYPERLIQUID; source: @phantom on X (Sep 12, 2025).

According to Phantom, the latest Phantom Perps update enables traders to add size to existing positions and partially close a trade in just a few taps. Source: Phantom on X, Sep 4, 2025. According to Phantom, the update is framed to keep traders flexible by allowing granular position adjustments without fully exiting positions. Source: Phantom on X, Sep 4, 2025.

According to Phantom, Phantom perps recorded $5 billion in trading volume over 5 weeks on Hyperliquid; source: Phantom on X, Aug 14, 2025 https://twitter.com/phantom/status/1956106371772113034. This equates to roughly $1 billion per week and about $143 million per day, offering a concrete run-rate benchmark for derivatives liquidity monitoring; source: Phantom on X, Aug 14, 2025 https://twitter.com/phantom/status/1956106371772113034.

According to @phantom, Phantom Perps are not available in all regions, so users should verify eligibility before attempting to trade; source: @phantom, Aug 14, 2025. The notice states that trading perpetual futures carries significant risk and may not be suitable for all users; source: @phantom, Aug 14, 2025. The communication clarifies the product is not intended for UK audiences; source: @phantom, Aug 14, 2025.

According to @phantom, Phantom Perps reached a new all-time high of $80M in open interest, defined as the total value of open long and short positions (source: Phantom on X, Aug 13, 2025). For traders, rising open interest typically signals greater participation and liquidity that can amplify price swings and liquidation risk on perpetual venues (source: CME Group, Open Interest education; source: CFTC, Futures market basics).

According to @phantom, Phantom Perps are not available in all regions, indicating geographic availability limits for the product; source: Phantom on X, Aug 13, 2025 https://twitter.com/phantom/status/1955739069763428394. According to @phantom, trading perpetuals involves significant risk and may not be suitable for all users; source: Phantom on X, Aug 13, 2025 https://twitter.com/phantom/status/1955739069763428394. According to @phantom, the communication is not intended for UK audiences; source: Phantom on X, Aug 13, 2025 https://twitter.com/phantom/status/1955739069763428394.