MetaMask Unveils In-App Perpetual Futures Trading
At Token 2049 in Singapore, MetaMask revealed a new feature for its Ethereum wallet. The app, with over 100 million users, is developing an in-app perpetual futures trading platform. A demo was shown to VIP attendees, showcasing how leveraged trading might work inside the wallet.
Powered by Hyperliquid with Leverage and Rewards
The new feature is built in partnership with Hyperliquid. Users will deposit USDC and trade assets like Bitcoin (BTC) and HYPE with up to 35x leverage. All trading happens without leaving the wallet. The platform includes live charts and trade management tools to monitor positions in real time.
MetaMask will also introduce a rewards system. Users earn points by trading and using the app. Points unlock badges, levels, and seasonal rewards to enhance the trading experience.
Launch Timeline and Strategic Shift
The decentralized exchange (DEX) is not live yet. The demo at Token 2049 was an exclusive preview. Posts on X, including one from Yellow Panther, suggest the DEX and rewards system may launch in Q4.
This update marks a shift for MetaMask. The wallet has primarily focused on storing and sending crypto. Now, it aims to enable direct trading inside the app. Combining leveraged trading with rewards could change how users interact with MetaMask once the feature launches.
