Decrypt Plans Phoenix Perps Integration for Solana Money Accounts

Decrypt announced Nov. 11 that it plans to add Phoenix perpetual futures to its Solana Money Account, bringing more than 100 leveraged markets alongside its journalism while U.S. access remains unresolved.

The integration is planned for the account, where users will be able to take long or short positions across crypto, U.S. stocks, gold and pre-IPO companies. The markets are available around the clock. Leverage varies by market and can reach 40x; no start date for the feature was disclosed.

Perpetual futures have no expiration date, so positions do not have a set end date. Leverage magnifies gains and losses, and a price move against a position can trigger liquidation, which closes it. Phoenix stock contracts track prices but provide no shares, voting rights or dividends. They offer price exposure rather than ownership of the companies.

Decrypt launched Money Accounts on Solana in October. The account is self-custodial and uses a shared Tether (USDT) balance across products. Decrypt does not hold account holders’ private keys or transact for them; private-key export is planned for a later feature. More details are in the October Money Account rollout.

The integration extends The Information Exchange, which Decrypt introduced in September as a platform combining news, market data, prices, probabilities and financial participation. Perpetual futures were among its planned products. Decrypt also announced Jupiter-powered token swaps in October, making Phoenix perps another trading feature in the platform’s rollout.

The addition brings trading into the same service as Decrypt’s journalism. Decrypt co-founder and Chief Operating Officer Ilan Hazan described the business rationale: “The publisher monetizes the impression, while someone else monetizes the transaction.” Trading fees and any revenue-sharing arrangement between Decrypt and Phoenix were not disclosed.

Access may vary by region, and U.S. availability for Decrypt’s integration has not been established. Phoenix’s terms exclude U.S. persons from its own interface and app. Those restrictions apply to Phoenix’s services and do not determine whether the separate Decrypt integration will be available to U.S. users.