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Phantom Takes on Centralized Exchanges with a DeFi-Driven Trading Platform

Phantom Takes on Centralized Exchanges with a DeFi-Driven Trading Platform

Bitget-RWA2025/11/20 09:02
By:Bitget-RWA

- Phantom launches professional-grade trading platform with real-time data and cross-device syncing for crypto traders. - Platform supports Solana/Hyperliquid trading, 40x leverage, and integrates DeFi tools to challenge centralized exchanges. - Auto-approval features and "Quick Buy" functionality aim to streamline high-volume trading while maintaining non-custodial security. - Expansion follows SolSniper acquisition and CASH stablecoin launch, positioning Phantom as a unified Web3 financial ecosystem. - A

Phantom, a prominent Web3 wallet, has introduced

aimed at optimizing on-chain trading for experienced crypto users. This browser-based solution, currently in beta, , TradingView charting tools, and synchronization across devices, letting users handle their trades effortlessly whether on mobile or desktop. The platform currently enables trading of tokens and Hyperliquid perpetual contracts, with intentions to broaden blockchain support .

The debut of Phantom Terminal

beyond its original wallet services, positioning Phantom as a rival to centralized exchanges while keeping assets non-custodial. The platform’s clean interface maintains Phantom’s reputation for simplicity, yet such as limit and stop-loss orders, as well as sophisticated portfolio analytics, targeting both institutional and active traders. A standout feature is that the platform through auto-approval for connected wallets, minimizing delays during periods of high trading activity.

One of the platform’s unique aspects is

for across more than 100 markets, offering up to 40x leverage. Users can transfer Solana assets into Hyperliquid’s USDC-based system to open positions, with live updates on funding rates and liquidation points. For spot trades, Phantom Terminal including token holder breakdowns, liquidity pool movements, and MEV risk assessments. The platform also for fast access to trending or newly released tokens.

Phantom Takes on Centralized Exchanges with a DeFi-Driven Trading Platform image 0

Phantom’s entry into the professional trading space reflects a wider movement toward Web3-centric solutions.

has already drawn attention for its speed and seamless integration with the Phantom ecosystem. Users can log in using Phantom Wallet, Google, or Apple accounts, to make trading more efficient. The company for and other blockchains, while also improving DeFi protocol compatibility.

Industry experts

to reshape conventional trading by merging DeFi’s accessibility with the precision of professional-grade tools. The platform’s focus on device synchronization and real-time analytics addresses a major challenge for traders managing several platforms. Nonetheless, there are hurdles, such as and regulatory ambiguity in regions like the UK.

Phantom’s foray into trading comes after its acquisition of SolSniper,

, and the introduction of the CASH stablecoin, which is pegged to the US dollar. These initiatives highlight the company’s goal of building for Web3 participants.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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