MetaMask Perp Trading Launch

You can start trading perps on MetaMask Mobile as of October 8, 2025. This launch introduces perpetual futures trading to the MetaMask mobile app via integration with Hyperliquid, allowing users to trade over 150 tokens with up to 40x leverage and instant Ethereum Virtual Machine (EVM) funding right from their wallet. The event is hosted by MetaMask, a leading crypto wallet provider, expanding its utility into decentralized derivatives trading. Alongside, MetaMask also announced a forthcoming rewards program for traders and plans a token launch, with an exclusive partnership integrating Polymarket's prediction markets into the wallet.

Recent News

MetaMask’s entry into perpetual futures trading follows the broader DeFi trend of growing decentralized derivatives volume, which has reached historic highs, with global perpetual DEX volume hitting $765 billion in August 2025. The integration with Hyperliquid delivers seamless and secure perpetual contracts, which are key in crypto derivatives. MetaMask’s move also aligns with its strategy to become a multi-functional platform, now extending beyond just a wallet into active trading and participation.

Future Plans

MetaMask aims to roll out a trader rewards program by the end of October 2025 to incentivize activity on the new trading feature. Additionally, it confirmed plans for launching its own token, further unifying its ecosystem. Continued collaboration with Polymarket will integrate prediction markets directly in the wallet, enhancing user options for on-chain activities.

Onchain Data

No verifiable onchain metrics available.

Community Sentiment

Positive sentiment dominates on social media and crypto forums, with users appreciating the convenience of trading perpetual futures directly inside MetaMask’s trusted mobile app. Comments include "Finally trading perps in MetaMask mobile! Game changer!" and "Integration with Hyperliquid is seamless and very promising." Some users are cautiously optimistic about the new token launch but hopeful about the expanding utility.

Risk Disclaimer

This launch may influence MetaMask USD token dynamics and user activity. Users should consider risks related to derivatives trading, including leverage risks and market volatility.

Sources used

• https://x.com/MetaMask/status/1975910330669957326
• https://metamask.io/news/introducing-metamask-perps
• https://finance.yahoo.com/news/metamask-unleashes-cex-killer-wallet-175401132.html
• https://forklog.com/en/metamask-introduces-perpetual-contract-trading-via-hyperliquid/