Replace your strap
The watch adapters seat in your mechanical watch's lug holes in place of the spring bars. Classic, Shadow or Titanium. The spring bar tool is in the box.
The Whoop runs recovery and strain coaching from a fabric strap and pod. The Panther Eclipse takes the other route, a screen-less stainless steel tracker with no subscription and 14 to 15 days of battery, reading HR, HRV, SpO2, temperature and blood pressure, built around longevity.
Two philosophies on one wrist, each in its own position, no second band.
The watch adapters seat in your mechanical watch's lug holes in place of the spring bars. Classic, Shadow or Titanium. The spring bar tool is in the box.

Your smartwatch attaches to the central part of the bracelet with its own adapter (Apple Watch, Whoop, Fitbit, Galaxy or Pixel Watch) or a pair of standard watch adapters. Zero modification to the mechanical watch.
Both watches sit on the same wrist. The smartwatch sits underneath, against the skin; readings taken there are not certified by its manufacturer.