From Wallet to All-in-One DeFi Hub: MetaMask Launches Perpetual Futures Trading and Plans Polymarket Bets on Real-World Events

MetaMask Moves Beyond Wallets With Push Into Trading And Prediction Markets

Moving past its origins as a simple crypto wallet, MetaMask is rolling out new features that signal its evolution into a full-scale financial platform.

The Consensys-built service is introducing perpetual futures trading and is preparing to integrate Polymarket’s prediction markets later this year, opening access to one of the fastest-growing corners of the digital economy.

MetaMask Adds Perpetual Futures With Hyperliquid Integration

MetaMask has introduced perpetual futures trading directly within its mobile app through a partnership with Hyperliquid (HYPE), a leading decentralised derivatives platform.

The service, MetaMask Perps, allows users to trade contracts based on price movements of over 150 tokens, including ETH, BTC, LINEA, XPL, and BONK.

Perpetual futures — or “perps” — let traders speculate on future price movements without expiry and account for roughly 75% of all crypto trading volume.

Hyperliquid handled $275 billion in trading volume last month, while overall decentralised perps trading reached around $770 billion, though figures still trail centralised exchanges due to their simplified user experience.

MetaMask Perps aims to combine the ease of centralised platforms with the security of self-custody.

Features include one-click funding across EVM-compatible chains, zero swap fees, and a redesigned mobile interface to make trading smoother and more accessible.

Polymarket Integration Will Bring On-Chain Prediction Markets

Later this year, MetaMask will expand further by integrating Polymarket’s prediction markets.

The collaboration will let users buy and sell shares tied to real-world events — from elections and sports to corporate earnings and crypto prices — all without giving up custody of their assets.

MetaMask’s global product lead, Gal Eldar, told a media outlet:

“Each new feature expands what users can do with their financial assets: trade, earn, invest, speculate, and diversify, all while maintaining full self-custody.”

The integration will roll out in most countries, excluding the US, UK, France, Singapore, Poland, Thailand, Australia, Belgium, Taiwan and Ontario, Canada.

Prediction markets have gained rapid attention, especially around the 2024 US election.

Wall Street has also taken notice — Polymarket recently secured a $2 billion investment from the New York Stock Exchange’s parent company, Intercontinental Exchange (ICE), valuing the platform at $9 billion.

Despite trading volumes cooling from their peaks, Polymarket and rival Kalshi processed a combined $4.17 billion in September, surpassing their previous record from last November.

Eldar emphasised the long-term value of prediction markets:

“When incentives are aligned and participation is broad, markets become self-correcting systems that push us closer to reality. The deeper and more liquid they get, the faster they converge around the truth.”

Rewards Programme And Token Launch Underway

Alongside these features, MetaMask plans to launch a points-based rewards programme by the end of October, ahead of its long-awaited token debut.

Users will earn points through trading, referrals, and use of the MetaMask card, with benefits including fee discounts and token allocations.

The first phase will distribute $30 million worth of Linea’s native token, which will later tie into MetaMask’s upcoming token.

These steps are part of MetaMask’s broader strategy to create a seamless, self-custodial platform for trading, investing, and financial engagement.

Building The All-In-One Hub For Self-Custodial Finance

Together, these launches represent MetaMask’s ongoing shift from a simple wallet into an integrated trading and investment hub.

With perpetual contracts, prediction markets, rewards and its upcoming token, MetaMask aims to deliver a seamless self-custodial experience that bridges DeFi and traditional finance.

As Eldar put it, each addition moves MetaMask closer to becoming “a global financial gateway,” reshaping how millions of users interact with on-chain markets.