Phantom has just expanded its perpetual futures offerings with the launch of six new markets, allowing traders to go long or short with up to 20x leverage. According to a recent announcement from @phantom on January 20, 2026, the new perps include Monero (XMR), Copper (COPPER), Axie Infinity (AXS), Dash (DASH), Alibaba (BABA), and Rivian (RIVN). This move opens up exciting trading opportunities in both cryptocurrency and traditional asset classes, blending privacy coins, commodities, gaming tokens, and major stocks into the crypto derivatives space. For traders eyeing volatility, these additions could signal fresh momentum, especially as global markets navigate economic uncertainties. With perpetual contracts, there's no expiration date, making them ideal for hedging or speculating on price swings, but remember, high leverage amplifies both gains and losses.

New Perpetual Markets on Phantom: Breaking Down the Opportunities

Starting with the cryptocurrencies, Monero (XMR) stands out as a privacy-focused coin that's often volatile due to its use in anonymous transactions. Traders can now leverage up to 20x on XMR perpetuals, potentially capitalizing on market sentiment shifts driven by regulatory news or adoption trends. For instance, if privacy concerns rise amid broader crypto crackdowns, XMR could see upward pressure, with support levels around recent lows and resistance at key moving averages. Similarly, Dash (DASH), known for its fast transactions and governance features, offers another avenue for crypto traders. Its perps market might attract volume during altcoin rallies, where on-chain metrics like transaction counts and wallet activity provide clues for entry points. Axie Infinity (AXS), tied to the play-to-earn gaming ecosystem, could benefit from NFT and metaverse hype; traders should watch trading volumes on pairs like AXS/USDT, as spikes often precede price breakouts.

Commodity and Stock Integrations: Cross-Market Trading Insights

Moving to commodities, the Copper (COPPER) perpetual market introduces industrial metal exposure to crypto platforms, correlating with global economic indicators like manufacturing data from China or U.S. infrastructure spending. With up to 20x leverage, traders can speculate on copper prices amid supply chain disruptions or green energy transitions, where electric vehicle demand boosts long-term value. For stocks, Alibaba (BABA) perps allow crypto enthusiasts to trade this e-commerce giant without traditional brokerage accounts, linking to China's tech sector performance. Recent market data shows BABA's volatility tied to regulatory easing, offering short opportunities during crackdowns or longs on earnings beats. Rivian (RIVN), the electric vehicle maker, aligns with EV market growth; its perps could see high volumes during Tesla-related news, with traders monitoring support at $50 levels and resistance near $100 based on historical patterns.

From a broader trading perspective, these new Phantom perps enhance portfolio diversification, enabling strategies like pairs trading between crypto assets and stocks. For example, hedging RIVN longs with Bitcoin (BTC) shorts during market downturns could mitigate risks. Market indicators such as RSI and MACD will be crucial for timing entries, while on-chain metrics for coins like XMR and AXS provide deeper insights into holder behavior. Institutional flows into these markets might increase liquidity, reducing slippage on large orders. However, with 20x leverage, risk management is key—use stop-loss orders and monitor funding rates to avoid liquidation. Overall, this launch could drive higher trading volumes on Phantom, fostering a more interconnected crypto-stock ecosystem and presenting savvy traders with profitable setups amid evolving market dynamics.

In terms of SEO-optimized trading strategies, focus on long-tail keywords like 'best leverage trading for Monero XMR' or 'Alibaba BABA perpetual futures analysis.' Current sentiment suggests bullish potential for AXS if gaming adoption surges, with potential 10-15% gains in volatile sessions. Always verify with real-time charts, as these markets evolve rapidly.