Phantom Breaker is a 2D fighting game that supports two distinctive fighting styles. The player is able to choose between Quick style and Hard style. Quick style focuses on quick hits and combos while Hard is more about defense. When the player reaches Overdrive mode their character might get an extra increase in speed or defense. Every attack the player releases can cancel out their enemy's attack and raise their tension gauge; timing it right will maximize the player's gauge to boost their attack power.

Phantom Breaker: Extra features rebalanced gameplay, new characters, new techniques, a new "Extra" fighting style, new stages, renewed background effects, and an online spectator mode.