Backlit laptop keyboard for a ProCoinNews article about Phantom, Ventuals, and wallet-native perpetual futures.

Phantom Brings the Ventuals Team In-House to Push Wallet-Native Perps

June 30, 2026 4:59 pm Comments

Phantom is no longer content to be the place you store your tokens.

On June 30, 2026, the wallet company announced that the Ventuals team is joining Phantom, tying its next chapter directly to perpetual futures and 24/7 on-chain markets.

The hire signals where Phantom wants to take consumer crypto: trading that feels native inside the wallet instead of bouncing users out to a separate venue.


Phantom added the key context on this story. Phantom’s official post is the anchor for the move.

The company said the Ventuals team is joining Phantom, which turns the story into a product and talent signal rather than a market rumor. That matters because Phantom already has a large wallet surface, and wallet surfaces are becoming more than places to store tokens.

They are becoming places where users swap, stake, bridge, trade, and discover applications. Bringing in a team focused on always-open markets gives Phantom a clearer route into derivatives and private-market style trading.

The careful caveat is that a team joining a wallet company does not make derivatives simple or safe. Perps are powerful products with liquidation risk, leverage risk, and regulatory complexity.

The strategic point is distribution: if trading moves inside wallets, the wallet can become the front door for more of crypto’s revenue.


Millman said Alvin Hsia, Emily Hsia, and Aris Samad start with Phantom this week, and that he had followed their work for a long time before bringing them on.

Hsia, who co-founded Ventuals, explained the bet behind the move.


His thesis is simple: perps are still early, and global, open, 24/7 markets will sit at the center of how people trade, invest, and move value. That is the worldview Phantom is now buying into directly.

CoinDesk added the key context on this story. CoinDesk framed the move as Phantom doubling down on perpetual futures.

That is the clearest market read because Phantom is known first as a wallet, not a derivatives exchange. The report ties the Ventuals team to Hyperliquid market building, which is why crypto traders paid attention.

Hyperliquid showed that onchain perps can attract real volume when execution, product design, and community line up. That comparison gives Phantom a useful benchmark because Hyperliquid grew from a trading-first venue while Phantom is approaching the same category from the wallet layer.

If Phantom can compress custody, discovery, trade signing, and market access into one surface, it changes the user funnel for derivatives. Phantom’s opportunity is different because it already sits where users hold assets and sign transactions.

If perps and market discovery become native to that surface, the wallet can capture more activity before users leave for another venue. The risk is also obvious.

Wallet convenience can make complex products feel casual, so the risk warning belongs up front: perps remain high-risk derivatives.

Join the conversation!

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.