- MetaMask has expanded beyond being a simple crypto wallet by integrating Hyperliquid for perpetual futures trading and announcing a forthcoming Polymarket integration for on-chain prediction markets.
- These moves position MetaMask as a comprehensive DeFi platform, empowering users to trade, invest, and speculate while maintaining full control of their assets.
MetaMask, the world’s most popular self-custodial crypto wallet, is rapidly evolving beyond its traditional role as a digital asset storage tool. In a major move signaling its ambitions to become a full-fledged decentralized finance (DeFi) hub, the Consensys-built platform has launched perpetuals trading powered by Hyperliquid and announced plans to integrate the prediction market platform Polymarket later this year.
The new features mark a turning point for MetaMask as it aims to offer users a comprehensive suite of financial tools, from trading and staking to speculation, all while maintaining full self-custody.
Hyperliquid-Powered Perpetuals Now Live
MetaMask confirmed that perpetual futures trading is now live within its app, allowing users to trade perps seamlessly across any EVM-compatible chain. The integration leverages Hyperliquid’s decentralized infrastructure, giving traders the ability to access a growing perps market that has seen over $770 billion in decentralized trading volume in the last month alone.
This upgrade places MetaMask in direct competition with other Web3 wallets like Phantom, which have already introduced in-app trading features. The wallet also confirmed the rollout of a rewards program by the end of the month, likely tied to the much-anticipated launch of the MetaMask token. Early reports suggest the reward points system will reward on-chain activities like swaps and bridging, potentially factoring into future airdrop distributions.
Polymarket Integration Expands MetaMask’s Vision
Looking ahead, MetaMask plans to integrate Polymarket, one of the largest prediction platforms, enabling users to bet on real-world events, ranging from politics and sports to corporate earnings, directly within the wallet.
The integration will roll out globally later this year, excluding the US, UK, France, Singapore, and a few other jurisdictions.
MetaMask’s Global Product Lead, Gal Eldar, said the expansion aligns with the wallet’s goal to become “a gateway to global, democratized finance.” He added,
Each new feature expands what users can do with their financial assets: trade, earn, invest, speculate, and diversify, all while maintaining full self-custody.
Polymarket’s popularity hasA surged following a $2 billion investment from Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, valuing the platform at $9 billion.
Despite recent cooling in prediction market volumes, platforms like Polymarket and Kalshi still saw a combined $4.17 billion in trading volume in September, according to DeFiLlama.
With its upcoming token, Hyperliquid-powered trading, and Polymarket integration, MetaMask is no longer just a wallet, it’s positioning itself as a decentralized financial super app, bridging trading, speculation, and user empowerment in one place.