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.