Perpetual trading

Search documents
X @mert | helius.dev
mert | helius.devยท 2025-10-12 19:24
people kept waiting for gaming in crypto to take offwhat they didn't see is that gaming is already the biggest PMF that crypto hasperps trading is inherently a 0-sum game between shorts against longsthe great financial MOBA ...
X @IcoBeast.eth๐ฆ๐
IcoBeast.eth๐ฆ๐ยท 2025-07-15 15:38
Product Overview - Phantom wallet integrates Hyperliquid perps, allowing users to trade perpetual contracts within the wallet [1][2] - The integration simplifies the process of adding collateral and trading perps, making it accessible to casual users [2][4] - Users can trade 100 different Hyperliquid perp contracts, expanding access to a wide array of assets [2][5] Key Features - HyperUnit integration enables fast and simple deposits, automatically converting SOL to USDC for margin [2][5] - The interface provides charts and options to go long or short, set leverage, and manage take-profit and stop-loss levels [3] - Currently, only directional long or short market orders are available, lacking limit order functionality [6] Adoption and Referrals - Phantom's referral program (PURPS code) has onboarded over 5,000 users to Hyperliquid perps [7] - Phantom has become one of the top 30 all-time referrers, indicating significant adoption [7] Fees - The total fee is approximately 0.1% on volume, comprising the standard Hyperliquid fee and a 0.05% Phantom wallet fee [8] - The fee is about 2x higher than trading natively on Hyperliquid with market orders but cheaper than competitors like Robinhood (RH) [8] Future Development - Potential future developments include adding limit order execution and staking HYPE for cheaper user fees [10]