The Phantom cryptocurrency wallet has announced the launch of futures trading with leverage up to 40x. The service is based on the infrastructure of the Hyperliquid platform $HYPE

To access the new features, users do not need to create an account on Hyperliquid. It is enough to fund the wallet, choose a market, and open a position directly in the mobile app.

At the same time, the user deposits Solana ($SOL ), and the funds are automatically converted to USDC. In total, users have access to over 100 markets with leverage support up to 40x.

In the initial phase, access to the new feature will be limited to a select group of users. In a few weeks, it will be expanded to everyone, except for certain jurisdictions, including the United Kingdom.