Phantom doubles down on perpetual futures with hire of Hyperliquid market builders
The crypto wallet is doubling down on perpetual futures after hiring the builders behind one of Hyperliquid’s highest-profile market experiments.
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Summary
- Phantom hired the team behind Ventuals, the project that recently shut down OpenAI and Anthropic perpetual futures on Hyperliquid.
- The hiring aims to boost Phantom’s plans to “go deeper” on perpetuals and open markets as wallets increasingly evolve into trading platforms, CEO Millman said.
- Perpetual futures have become one of crypto’s fastest-growing products, expanding beyond digital assets into traditional markets.

