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Phantom wallet announced yesterday that it was integrating Hyperliquid perps right into its wallet interface.

This is surprising, mainly because Phantom is Solana’s marquee wallet and far ahead of competing wallets like Solflare or Backpack, with 15 million monthly active users (MAUs).

If Phantom wanted a cut of the perps market, I suppose one would’ve naively expected it to partner up first with a native Solana perps DEX like Drift or Jupiter.

But though Drift or Jupiter might be hometown favorites, Hyperliquid is where the money already is.

Source: Dune

So the wallet…

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