Decrypt Integrates Phoenix Perps Trading to Become First News Publisher With Direct Access

While many users look for ways to decrypt online content or files, Decrypt is now shifting its focus toward financial infrastructure. The platform has officially integrated perpetual futures trading, becoming the first news publisher to offer such tools directly alongside its journalism. Powered by Phoenix, a fully onchain perpetuals exchange built on Solana, the integration aims to bridge the gap between consuming market news and taking immediate financial action.

Decrypt is the first media platform to integrate perpetual futures trading directly into its news interface.

Traditionally, the news that influences market movements and the tools required to trade those assets have existed in separate environments. According to Ilan Hazan, co-founder and COO of Decrypt, this separation means publishers often miss out on the economic activity generated by their reporting. By bringing these functions together, the platform allows users to take long or short positions on crypto, stocks, and commodities without the need to switch applications, connect external wallets, or move funds between platforms.

Understanding the mechanics of how to decrypt market movements

The trading functionality is facilitated through the Decrypt Money Account, a self-custodial Solana-based account that operates without the need for seed phrases, gas fees, or bridging. Phoenix offers over 100 markets, including crypto, U.S. stocks, gold, and pre-IPO companies, with up to 40x leverage. Kabir Sethi, Head of Business Development at Phoenix, noted that the partnership transforms the publisher into an information exchange where readers can form views and execute trades in one place.

Eugene Chen, CEO of Ellipsis Labs—the team behind Phoenix—emphasized that the platform routes trades to ensure optimal pricing by splitting orders between its order book and market makers. The infrastructure is part of Decrypt’s broader "Information Exchange" vision, which seeks to combine news, intelligence, and direct financial participation. Users can already access prediction markets, token swaps, and earn features through the same account, with recent additions enabling private fund transfers.

Why it matters

This integration changes the traditional media model by removing the friction between reading financial news and executing a trade. It affects active investors who prioritize speed and convenience by allowing them to respond to breaking stories in real-time.

Perpetual futures are leveraged products and carry a high risk of loss, with positions subject to rapid liquidation during market volatility. As these tools are integrated into a global digital platform, the availability of specific markets may vary depending on the user's region.