According to @phantom, its in-wallet swapper identified the top tokens most frequently swapped by users between Dec 1 and Dec 7, 2025, with SOL and all stablecoins excluded from the ranking, source: Phantom on X, Dec 8, 2025. The dataset isolates non-stable, non-SOL flows, offering a near-term view of concentrated trading interest within Phantom’s user base, source: Phantom on X, Dec 8, 2025. Traders can use this list as a short-horizon flow signal to build watchlists, monitor liquidity conditions, and gauge momentum in the tokens most actively swapped via Phantom, source: Phantom on X, Dec 8, 2025. Because SOL and stablecoins were removed, the ranking emphasizes altcoin rotation rather than base-asset or cash-leg activity, which can help identify where speculative attention is clustering in early December, source: Phantom on X, Dec 8, 2025.