Phantom, the Solana wallet, announced on October 15, 2026 that its perpetual futures product surpassed $50 billion in cumulative trading volume, reached in just over a year by 192,000 traders. DefiLlama confirms cumulative volume nearing $51.8 billion, with monthly volume ranging between $2.5 billion and $3.5 billion. Phantom has generated over $20 million in cumulative revenue, making it the top revenue earner among all Hyperliquid builders. The product is not available in the United States, the United Kingdom, and several other regions.
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