Trade

Trade tokens, perps, and prediction markets in Phantom.

Why do I see a new account in my Phantom wallet after using Phantom Terminal?

If you connected to Phantom Terminal (trade.phantom.com) using the Trading Account feature, a new account was created...

  • Updated

Trade prediction markets in Phantom

Prediction markets let you trade on the outcomes of real-world events across sports, politics, crypto, and culture. M...

  • Updated

About trading equity perps in Phantom

Equity perps are perpetual futures contracts that mirror the price of US equities and market indices using oracle fee...

  • Updated

Trade tokens and perps in Phantom Terminal

Use Phantom Terminal to trade Solana tokens and Hyperliquid perps from your desktop browser. Phantom Terminal is avai...

  • Updated

Perps FAQ

This article answers the most common questions about trading perpetual futures (perps) in the Phantom mobile app and ...

  • Updated

Why did I pay gas for a failed transaction?

If your transaction fails, you still pay a network fee (also known as gas). It covers the work validators on the netw...

  • Updated

Trade tokenized stocks in Phantom

Tokenized stocks are blockchain-based tokens that represent shares of publicly traded US equities, such as Nvidia, Ap...

  • Updated

Phantom X Solsniper

This document answers the key questions about Phantom's acquisition of Solsniper.Has Phantom acquired Solsniper?Yes. ...

  • Updated

Trade perps in Phantom on mobile

Trade perpetual futures in the Phantom mobile app. Positions sync automatically with Phantom Terminal when using the ...

  • Updated

About perp trading in Phantom

Phantom perps are powered by Hyperliquid, a decentralized exchange for perpetual futures. When you open a position, y...

  • Updated

Use gasless swaps on Solana in Phantom

Swaps on Solana usually require a small amount of SOL to cover network fees (gas). If your wallet doesn’t have enough...

  • Updated

What is a priority fee and how to adjust it?

A priority fee helps your transaction get processed faster when the Solana network is busy. Phantom sets this to Auto...

  • Updated

Swap Bitcoin in Phantom

You can swap Bitcoin directly in Phantom on mobile and the extension. This lets you trade between Bitcoin and other t...

  • Updated

Swap low-liquidity tokens in Phantom

If you're trying to swap a token but seeing errors like "No quotes available" or high price impact warnings, the toke...

  • Updated

What is price impact?

Price impact explains why a swap may return fewer tokens or less value than expected. It happens when your trade chan...

  • Updated

Why am I seeing "Not Enough Funds" when sending a transaction?

If you see a "Not Enough SOL," "Not Enough ETH," or "Not Enough (other token)" error, it means you don't have enough ...

  • Updated

Understanding the profit and loss numbers in Phantom

When viewing your token balances in Phantom wallet, you may notice a red or green number displayed under each token—t...

  • Updated

What is slippage and how to adjust it?

Slippage is the difference between the price shown when starting a swap and the price received when the swap complete...

  • Updated

Cancel a pending EVM transaction

You can cancel a transaction only if it’s still pending and it was sent on a supported EVM network (like Ethereum, Ba...

  • Updated

Why is my transaction still pending?

If your transaction is stuck as pending, it usually means the network has not confirmed it yet. This behavior is more...

  • Updated

Speed up a transaction

When network activity is high, transactions can take longer than expected to confirm. In some cases, you can manually...

  • Updated

Swap crypto in Phantom

In Phantom, you can swap crypto on the same network or across different networks. Phantom routes swaps through trust...

  • Updated