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

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Phantom CEO Brandon Millman. (Danny Nelson/CoinDesk))

The team behind one of Hyperliquid's highest-profile private-company trading projects has found a new home.

Key facts

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. Crypto wallet Phantom said Tuesday it hired Alvin Hsia, Emily Hsia and Aris Samad, the creators of Ventuals, the project that shut down its OpenAI and Anthropic perpetual futures markets earlier this week.

Read full article at CoinDesk →

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