In the first half of this dual episode, Phantom co-founder Brandon Millman joins Unchained to break down why his Solana-first wallet is launching perpetual swaps, and why it chose to integrate with Hyperliquid over any Solana-native option.
Then, Bit Digital’s Sam Tabar explains why the public company ditched its profitable Bitcoin mining business, went all-in on ETH, and what happened when he told Michael Saylor.
FalconX
Sam Tabar, Chief Executive Officer of Bit Digital, Inc
Brandon Millman, CEO and co-founder of Phantom
Phantom
Unchained: Phantom Wallet Launches Direct Perpetual Trading With Hyperliquid
Phantom blog post: Introducing Phantom Perps
Dragonfly’s Austin Marrazza tweet
Bit Digital
The Block: Bit Digital swaps entire treasury into Ethereum, says it's now a top public ETH holder after a $173 million splurge
Treasury companies
Unchained:
These 4 Crypto Treasury Companies Are Primed for a Price Crash
BitMine Crashes 39% After It Files to Raise $2 Billion for More ETH
Timestamps: Phantom
0:00 Intro
1:36 Why Phantom is launching perps—and why now was the moment to do it
6:08 How they landed on 40x leverage
7:48 How Phantom plans to make money from its new trading product
8:50 Why U.S. users are left out (for now)
10:36 Why Hyperliquid won out over Solana-native DEXes
️ 12:55 Whether wallets and dapps are headed for a showdown
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