Phantom Perps

Phantom Perps is an interface for trading long or short across 100+ markets with up to 40x leverage, using HyperliquidX.

## Overview Phantom Perps is a trading terminal built on HyperliquidX that provides retail and professional traders with access to leveraged perpetual futures markets. The interface consolidates trading functionality for over 100 markets in a single dashboard, enabling users to open long or short positions with up to 40x leverage. Unlike centralized exchanges that custody user funds, Phantom Perps operates as a non-custodial interface, meaning traders maintain direct control of their assets throughout the trading process. This architecture appeals to traders who want the speed and depth of a d