MetaMask Partners with Polymarket for Onchain Prediction Markets
MetaMask, the popular self-custodial wallet by Consensys, has partnered with Polymarket. Polymarket is the world’s largest decentralized prediction market. This marks MetaMask’s first major move into onchain forecasting and event trading.
The integration lets users trade prediction market outcomes directly within the MetaMask platform. Users can speculate on topics like crypto, politics, and global events. They maintain full control of their assets through self-custody. This expands MetaMask’s role beyond a wallet to a gateway for decentralized speculation and information markets.
Growth of Prediction Markets and MetaMask Rewards
Prediction markets are gaining traction as a new area in onchain finance. Polymarket has handled nearly $20 billion in trading volume, according to TokenTerminal data.
MetaMask will launch its Rewards program by the end of October. This point-based system encourages trading and stablecoin use. Rewards include $LINEA tokens, fee discounts, and early access to the upcoming Metal Card.
MetaMask Expands Trading Features and Decentralized Access
MetaMask recently partnered with Hyperliquid to introduce perpetual futures trading on mobile. Combining this with the Polymarket integration, MetaMask aims to become a decentralized trading hub. It offers advanced market tools without custody risks.
This strategy reflects a broader Web3 trend. MetaMask provides user-friendly access to complex trading options like perps and prediction markets. The platform targets both active traders and casual users exploring onchain finance.
As MetaMask prepares for its token launch, these updates show its evolution. It is moving from a simple wallet to a full decentralized platform for trading, earning, and asset management.
