According to Phantom (@phantom), the minimum trade amount for gasless swaps has been reduced from $75 to $15 as of May 22, 2025 (source: Phantom Twitter). This move lowers the entry threshold for both new and active crypto traders, allowing for smaller and more frequent transactions without incurring gas fees. The update is expected to drive higher trading volumes and increase liquidity on the Phantom platform, potentially impacting token prices and user engagement in the DeFi sector. Crypto traders should closely monitor swap volumes and associated token performance as this change could enhance short-term trading opportunities (source: Phantom Twitter).

According to Phantom (@phantom), gasless swaps are now available on mobile for Solana users whose SOL balance is too low to cover transaction fees. The fees are deducted directly from the tokens being swapped rather than requiring SOL in the wallet. This feature currently requires a minimum swap of $75 and is only accessible through Phantom's mobile platform (source: Phantom Twitter, May 1, 2025). For traders, this update reduces friction when swapping tokens with insufficient SOL, potentially increasing swap volumes and improving mobile trading convenience.