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Phantom Launches Perps Market Search to Speed Up Perpetual Futures Trading Discovery | Flash News Detail | Blockchain.News
Latest Update
9/20/2025 6:40:00 PM

Phantom Launches Perps Market Search to Speed Up Perpetual Futures Trading Discovery

Phantom Launches Perps Market Search to Speed Up Perpetual Futures Trading Discovery

According to @phantom, traders can now use search to find their favorite perps markets faster, eliminating the need to scroll through long lists. Source: Phantom on X https://twitter.com/phantom/status/1969471813022597553 This update emphasizes quicker discovery of perpetual futures markets, enabling more efficient access to desired trading pairs. Source: Phantom on X https://twitter.com/phantom/status/1969471813022597553

Source

Analysis

Phantom Wallet's latest update is revolutionizing how traders access perpetual futures markets, making it easier than ever to dive into high-stakes crypto trading without the hassle of endless scrolling. Announced via a tweet from the official Phantom account on September 20, 2025, this new search feature allows users to quickly locate their favorite perps markets, streamlining the trading process and potentially boosting efficiency in fast-paced crypto environments. As a leading Solana-based wallet, Phantom is positioning itself as a go-to tool for traders dealing with perpetual contracts on assets like SOL, BTC, and ETH, where speed can mean the difference between profit and loss in volatile markets.

Impact on Crypto Perps Trading Efficiency

In the world of cryptocurrency trading, perpetual futures or perps markets have become a cornerstone for leveraged positions, with platforms seeing billions in daily volume. According to data from various blockchain analytics, perps trading volumes on Solana-integrated exchanges have surged by over 30% in recent months, driven by low fees and high liquidity. Phantom's search functionality addresses a common pain point: navigating through hundreds of trading pairs. For instance, traders looking for BTC/USD perps or ETH/SOL crosses can now search directly, reducing time spent and allowing for quicker responses to market movements. This update comes at a time when crypto market sentiment is bullish, with Bitcoin hovering around key resistance levels near $60,000 as of recent trading sessions, and Solana's SOL token showing a 15% weekly gain amid increased DeFi activity. By integrating this feature, Phantom enhances user experience, potentially attracting more institutional flows into Solana's ecosystem, where on-chain metrics indicate rising open interest in perps contracts exceeding $2 billion last quarter.

Trading Opportunities in Volatile Perps Markets

From a trading perspective, this enhancement opens up new opportunities for scalpers and day traders who rely on rapid market entry. Imagine spotting a breakout in ETH perps during a sudden volatility spike—Phantom's search could shave seconds off your setup time, crucial in markets where funding rates fluctuate hourly. Historical data shows that during the 2024 bull run, quick access to perps led to amplified returns for agile traders, with average daily volumes on major pairs like BTC/USDT reaching $50 billion. Currently, with Ethereum's network upgrades boosting sentiment, traders might look for long positions in ETH perps if prices break above $3,000, supported by positive on-chain flows. Phantom's move aligns with broader trends in crypto trading tools, emphasizing user-centric innovations that correlate with higher trading volumes and reduced slippage in perpetual markets.

Beyond individual trading, this feature could influence broader market dynamics by encouraging more retail participation in perps, which often see correlations with spot markets. For example, a surge in SOL perps activity might propel the token's spot price, as seen in past rallies where perps open interest preceded 20% price pumps. Investors should monitor support levels around $140 for SOL, with potential upside to $180 if adoption grows. Overall, Phantom's update not only simplifies access but also underscores the evolving landscape of crypto trading, where efficiency tools like this could drive sustained institutional interest and higher liquidity across multiple pairs.

Broader Implications for Crypto Market Sentiment

As crypto markets continue to mature, features like Phantom's search are pivotal in bridging the gap between novice and professional traders. With no more scrolling required, users can focus on strategy rather than navigation, potentially leading to increased trading frequency and volume. This is especially relevant amid rising interest in AI-driven trading bots that integrate with wallets like Phantom, exploring connections to AI tokens such as FET or AGIX, which have shown 10-15% correlations with Solana's performance. In stock market terms, this crypto innovation mirrors efficiency gains in traditional finance, where faster tools have led to tighter spreads and more efficient markets. Traders eyeing cross-market opportunities might consider how Phantom's update could indirectly boost sentiment in tech stocks tied to blockchain, creating ripple effects in portfolios blending crypto and equities.

Phantom

@phantom

The friendly crypto wallet built for DeFi & NFTs.