MetaMask Adds Perpetual Futures Trading
MetaMask, a popular self-custody wallet, now offers perpetual futures trading on its platform. This new feature lets users trade Hyperliquid-based derivatives directly from their wallets. The update is powered by the decentralized exchange Hyperliquid (HYPE).
Perpetual futures trading is available in select regions. Users can fund their trades with one click from any Ethereum Virtual Machine (EVM) chain. MetaMask has also removed swap fees for these trades.
New Rewards Program to Boost User Activity
MetaMask is launching a seasonal points system in allowed regions. Users earn points by swapping tokens, trading perpetual futures, and referring others. Future rewards will include benefits for spending with the MetaMask Card and holding the mUSD stablecoin.
Plans for Prediction Markets and Native Token
- MetaMask will add prediction markets through a partnership with Polymarket later this year.
- This feature will let users trade on sports, crypto, politics, and more within the wallet.
- The platform also plans to launch a native token to improve decentralization and governance.
- The token will be integrated into the wallet, offering governance rights and user incentives.
Gal Eldar, MetaMask’s Global Product Lead, said, “We want to create reasons users will never want to leave.” MetaMask aims to give users full control of their assets while expanding access to key markets.
In September, MetaMask launched mUSD, a US Dollar-pegged stablecoin. It supports swaps and bridging across the MetaMask network.
