Phantom launches limit orders for Phantom Perps

Phantom, a wallet application focused on the Solana ecosystem, has launched limit orders for its Phantom Perps feature, which allows for perpetual futures trading directly within the mobile wallet for both long and short positions. This new functionality enables users to automate trading strategies by setting take profit and stop loss triggers for automatic position closure at specified prices. Risk management is further enhanced as users can intuitively adjust these stop-loss and take-profit levels using a drag-and-drop interface directly on the perpetual futures chart. Additionally, Phantom now supports adding to existing perpetual positions while maintaining consistent leverage, broadening the wallet's utility beyond simple trading to include advanced order management tools.

(Source：Crypto Briefing)