MetaMask Unveils Perpetuals Trading and Plans Token Launch

MetaMask, the popular Web3 wallet created by ConsenSys, has officially introduced Perpetuals trading on its platform. This initiative, powered by Hyperliquid. marks another major step in MetaMask’s expansion into decentralized finance (DeFi) and boosting user engagement. 

Alongside the launch, MetaMask confirmed plans to roll out its own token, a rewards program, and a Polymarket integration.

MetaMask Adds Perpetuals Trading to Its Wallet with Hyperliquid

MetaMask announced that users can now access perpetual futures directly on its platform. Using Hyperliquid’s technology, this feature allows trading inside the MetaMask app with funds from any EVM-compatible blockchain.

The update follows a report from last month that revealed MetaMask’s plan to bring perpetuals trading into the wallet as part of its expansion strategy. By adding perpetuals, MetaMask joins other wallet providers like Phantom, which have also integrated Hyperliquid’s trading tools. 

The move highlights a growing trend of crypto wallets transforming into full DeFi platforms that go beyond simple storage and swaps. The launch comes as decentralized exchange (DEX) activity hits record highs, with total monthly trading volume passing $1 trillion for the first time.

MetaMask’s Reward System and Token Launch

In addition to perpetual trading, MetaMask confirmed that it will roll out a new rewards program by the end of this month. The program will grant users reward points for on-chain activities such as token swaps and bridging. It was previously reported that the rewards program would be linked to the upcoming MetaMask token launch. 

This connection suggests that the reward points could play a key role in a future token airdrop. Furthermore, MetaMask disclosed that over $30 million worth of LINEA tokens will be distributed through the rewards program. This move is expected to strengthen user participation across MetaMask’s growing ecosystem.

MetaMask Eyes Upcoming Integration with Polymarket

Looking ahead, MetaMask is preparing to enter the prediction market space through an exclusive integration with blockchain-based prediction platform Polymarket. This partnership will allow MetaMask users to access and participate in on-chain prediction markets directly from their wallet interface.

The decision comes as interest in prediction markets continues to rise. Polymarket recently secured up to $2 billion in investment from ICE, the parent company of the New York Stock Exchange (NYSE). With this integration, MetaMask will become the first crypto wallet to natively support prediction markets. This marks a new milestone in its evolution beyond simple asset management.

Speaking about the updates, MetaMask’s Global Product Lead, Gal Eldar, said it reflects the company’s bigger plan for growth. He explained that MetaMask wants to become a full-on-chain platform for personal finance. With new features like perpetual trading, rewards, and prediction markets, the Web3 wallet is shaping itself into a one-stop platform for DeFi users around the world.