Hyperliquid perpetuals drive $1.8bn in volume to Phantom wallets in days

Phantom, a crypto wallet provider, has added perpetual futures trading powered by Hyperliquid, giving its 15 million active monthly users access to Hyperliquid's contracts from July 8. So far, Phantom has processed more than $1.8 billion in volume and almost $930,000 in revenue, with about 17,000 unique users. Users can trade more than 100 perpetual futures contracts with leverage of up to 40 times their initial investment without leaving their wallets. The rollout was phased, and volume passed $300 million by July 22 with over 4,600 unique users.