📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
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Phantom Wallet introduces on-chain perpetual contract trading with 40x leverage.
Phantom Wallet has just launched the on-chain perpetual futures trading feature, allowing leverage of up to 40x. This feature simplifies derivatives trading, enabling users to execute trades without leaving their wallet. They just need to send SOL and it will automatically convert to USDC, then select the desired market and leverage.
Although welcomed by the cryptocurrency community, this feature also raises concerns as futures contracts carry high risks. A bad trade with high leverage can lead to rapid losses. Phantom emphasizes responsible usage, providing warnings and requiring users to agree to the risks before trading. This move could change how users approach the derivatives market and shape the future of cryptocurrency wallets.