Solflare has launched perpetual futures trading inside its wallet, giving users access to more than 65 leveraged markets via Solana-based derivatives exchange Phoenix.
Solflare Perps is available on mobile and web, allowing traders to take long or short positions without leaving the wallet. Phoenix provides the underlying market, account and risk infrastructure, while Solflare provides the trading interface.
Existing Phoenix users can also access and manage their positions through Solflare rather than creating a separate trading account.
The integration supports more than 65 Phoenix markets, including SOL and ETH. Users can open and close positions, adjust collateral and set optional take-profit and stop-loss orders.
Solflare said fees for perpetual futures trading through its interface can reach 0.085%. Phoenix separately lists base exchange fees of 0.035% for taker orders and 0.005% for maker orders.
Phoenix uses a hybrid matching model that combines resting limit orders with programmatic liquidity. Its non-custodial trader accounts hold collateral, positions and resting orders, while the connected wallet remains the signing authority.
The integration does not change the risks associated with perpetual futures. Leveraged positions remain subject to liquidation, funding payments and market liquidity.
Instead, the main change is the access layer. Phoenix continues to operate the underlying trading and risk infrastructure, while Solflare provides a wallet-native interface for accessing it.