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Solflare Brings Perpetual Futures In-App, Sending Trades to Phoenix’s On-Chain Orderbook

Solflare wallet now supports perpetual futures trading directly within its app, routing orders to Ellipsis Labs' on-chain orderbook, Phoenix. This integration allows users to trade over 65 leveraged markets using USDC collateral without leaving their self-custody wallet. Phoenix has recently seen significant growth in open interest, with Solflare managing over $15 billion in assets for more than 4 million users.