Phantom doubles down on perpetual futures with hire of Hyperliquid market builders

Phantom doubles down on perpetual futures with hire of Hyperliquid market builders
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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.

Perpetual Futures Gain Momentum with Key Hire

The creators of Ventuals, a high-profile private-company trading project, have joined Phantom, a leading crypto wallet. Alvin Hsia, Emily Hsia, and Aris Samad will bring their expertise to Phantom’s trading and data teams. This move highlights the growing importance of perpetual futures in the crypto industry. Perpetual futures allow investors to speculate on future price movements without expiration dates, making them a popular choice for crypto speculation and bets on private companies and commodities.

What are Perpetual Futures?

Perpetual futures are a type of derivative that enables investors to track virtually any asset, from crypto to commodities. Their around-the-clock trading, high liquidity, and flexibility have made them a staple in the industry. As the crypto market continues to evolve, perpetual futures have become an essential tool for investors seeking to diversify their portfolios and earn passive income through cloud rewards and green crypto initiatives like EcoPool.

The integration of experts like Alvin Hsia, Emily Hsia, and Aris Samad into Phantom’s team underscores the potential of perpetual futures to drive growth and innovation in the crypto space. With the rise of platforms like EcoPool, individuals can now participate in the crypto market and earn rewards in $ECP, making it an attractive option for those seeking to generate passive income through crypto investments. The future of perpetual futures looks bright, with and becoming increasingly popular topics in the industry.

As the crypto market expands, it’s essential to stay informed about the latest developments and opportunities. With EcoPool, users can tap into the potential of perpetual futures and start earning rewards in $ECP. Whether you’re a seasoned investor or just starting to explore the world of crypto, EcoPool provides a platform to learn and grow. Download the EcoPool app to start your journey towards earning passive income and exploring the world of cloud rewards. By joining the EcoPool community, you’ll be one step closer to harnessing the power of perpetual futures and achieving your financial goals with EcoPool and $ECP.

Perpetual futures have evolved from a crypto-native innovation into one of the industry’s most important products. They are a type of derivative that allows investors to speculate on future price movements without putting an expiration date on that contract, allowing it to be held as long as the investor wants. Their around-the-clock trading, high liquidity and ability to track virtually any asset have made them a popular vehicle for everything from crypto speculation to bets on private companies and commodities.

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