Hey there, crypto enthusiasts! If you’ve been keeping an eye on the latest buzz in the blockchain world, you’ve probably seen the exciting news from Laura Shin’s recent tweet on X. On July 9, 2025, she dropped a bombshell about Phantom, the popular crypto wallet, teaming up with Hyperliquid to launch in-wallet perpetual futures trading. This move is shaking things up, especially for fans of meme tokens and high-leverage trading. Let’s dive into what this means and why it’s a big deal!
What’s the Deal with Phantom and Hyperliquid?
For those new to the scene, Phantom is a go-to wallet for managing your crypto assets, especially on networks like Solana. Hyperliquid, on the other hand, is a layer-1 blockchain designed to handle all things finance, known for its speed and efficiency. Together, they’re bringing perpetual futures trading—think of it as a way to bet on crypto prices without owning the assets outright—right into the Phantom app. This means you can trade over 100 crypto markets, including major coins like Bitcoin and Ethereum, plus those wild meme tokens, all from one place.
The cool part? You get access to up to 40x leverage, which lets you amplify your trades (but beware, it also amps up the risk!). Plus, the integration comes with handy tools like stop-loss and take-profit orders to help you manage your positions. To get started, you’ll fund your account with SOL (Solana’s native token), which automatically converts to USDC for trading on Hyperliquid’s platform.
Why This Matters for Meme Token Lovers
If you’re into meme coins—like Dogecoin or Shiba Inu—you’ll love this update. The partnership opens the door to trading these volatile tokens as perpetual futures, giving you the chance to go long (bet on a price rise) or short (bet on a drop) with ease. One X user even joked about shorting meme coins, which shows how this feature could add a fun twist to the meme token craze. With Phantom’s mobile-first design, you can manage these trades on the go, making it super convenient for traders everywhere.
The Rollout and What to Expect
This isn’t an instant rollout for everyone. It’s starting with a select group of users and will expand over the coming weeks. However, if you’re in the U.K., you’re out of luck for now—eligibility restrictions apply. An onchain analyst quoted in the Unchained Daily newsletter estimated that if just 10% of Phantom’s user base jumps into Hyperliquid trading, it could nearly double the ecosystem’s user base overnight. That’s a potential 1.5 million wallets, which could supercharge the DeFi (decentralized finance) space!
Other Crypto Highlights from the Tweet
Laura Shin’s post wasn’t just about Phantom and Hyperliquid. She also touched on some other juicy updates:
- The Tornado Cash trial is narrowing its focus, with sanctions likely excluded.
- Eigen Labs cut 25% of its workforce to bet big on EigenCloud, a verifiable cloud platform.
- Polygon’s massive hard fork is happening tomorrow, July 10, 2025, promising faster transactions.
These stories show how dynamic the crypto world is right now, with innovations and shifts happening left and right.
What This Means for You
If you’re a blockchain practitioner or just a curious trader, this partnership is a chance to level up your game. The ability to trade perpetual futures in-wallet simplifies the process, removing the need to juggle multiple platforms. But with great power comes great responsibility—high leverage can lead to big wins or big losses, so tread carefully.
For meme token enthusiasts, this could be a game-changer. Imagine shorting a meme coin that’s pumping too hard or riding the wave of the next viral token. The possibilities are exciting, and Phantom’s integration with Hyperliquid makes it all accessible with a few taps on your phone.
Stay in the Loop
Want to keep up with more crypto news like this? Sign up for the Unchained Daily newsletter via the link in Laura’s tweet here to get daily updates. And if you’re into meme tokens, check out meme-insider.com for the latest insights and a rich knowledge base to boost your skills.
What do you think about this partnership? Are you excited to try out in-wallet perps trading? Drop your thoughts in the comments—we’d love to hear from you!