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.