According to @phantom, Phantom Perps are not available in all regions. source: Phantom on X, Dec 8, 2025. According to @phantom, trading perpetual contracts carries significant risk and may be unsuitable for some users. source: Phantom on X, Dec 8, 2025. According to @phantom, tokens from launchpads and newly listed assets can be highly volatile and speculative. source: Phantom on X, Dec 8, 2025.