X @Ignas | DeFi

Partnership Overview - Phantom and Hyperliquid collaboration creates a synergistic relationship [1][2] - Phantom provides a user-friendly front-end application for Hyperliquid's backend [2] - This composability positions Hyperliquid as superior to centralized exchanges (CEXs) [2] User Base and Market Focus - Hyperliquid's web interface caters to decentralized finance (DeFi) professionals [2] - Phantom targets fee-insensitive retail users, particularly those interested in memecoin trading [2] Product Offering - Phantom introduces "Phantom Perps" offering long and short positions [2] - Phantom Perps supports 100+ markets with up to 40x leverage [2] Liquidity and Growth - Increased adoption of Hyperliquid by front-end applications boosts its liquidity [2] - The report highlights the principle that liquidity attracts further liquidity [2]