Hyperliquid Partners With Phantom to Access Solana Ecosystem
- Lyla Velez
- July 8, 2025
- Adoption
- 0 Comments
Key Takeaways:
- Phantom integrates Hyperliquid for decentralized trading on Solana.
- 15 million users gain access to perpetual trading.
- Potential $74B in trading volume surge.
Phantom has announced a partnership with Hyperliquid to integrate decentralized perpetual trading on the Solana blockchain, offering services to over 15 million monthly users. The initiative aims to simplify access to complex DeFi tools within the platform.
The partnership between Phantom and Hyperliquid represents a strategic effort to enhance decentralized trading on Solana, potentially increasing market activity significantly.
Phantom, a prominent non-custodial crypto wallet, has joined forces with Hyperliquid, a decentralized perpetual trading protocol, to bring a comprehensive trading experience to its users. Hyperliquid will enable perpetual trading directly from the wallet, offering greater flexibility and accessibility to users. Phantom users can now trade over 100 cryptocurrencies directly through the app, including BTC and ETH, using Hyperliquid for backend support. Trades automatically convert SOL to USDC.
The collaboration is set to impact the cryptocurrency market by potentially migrating heavy trading volumes to Hyperliquid via Phantom’s extensive user base. Experts anticipate a possible $74 billion trading volume shift, signaling a substantial increase in activity. However, the offering is restricted in the UK due to local regulations, limiting availability. Analysts also foresee potential benefits for Solana and Hyperliquid. Historical trends suggest that successful integrations often boost activity, which could positively impact these protocols and their governance tokens, should they be introduced.
“Our mission is to make crypto easy to use—now we’re doing the same for perps,” said Femi Awomosu, Senior Product Manager at Phantom.
Phantom’s partnership with Hyperliquid sets a precedent for seamless integration of advanced DeFi tools into mainstream applications. This move reflects a growing trend for crypto wallets to enhance their offerings without adding complexity, potentially setting new industry standards.
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