MetaMask Just Added Perps Trading — And Polymarket Is Next

MetaMask, the self-custodial wallet developed by Consensys, is broadening its scope beyond token storage and swaps. The company announced that it has launched perpetual futures trading directly within the wallet, alongside a new rewards program for active users.

Later this year, MetaMask also intends to roll out an exclusive integration with prediction markets via Polymarket, marking a shift toward positioning itself as a multi-functional financial hub.

Perpetual futures and rewards system

Perpetual futures, or “perps,” account for nearly three-quarters of total crypto trading volume, but most of that activity has historically taken place on centralized exchanges. MetaMask is aiming to change this by embedding perpetual futures trading within its wallet, supported by Hyperliquid, a decentralized exchange.

The new feature includes one-click funding from any EVM chain, zero swap fees on perps, and a redesigned mobile interface that reduces latency.

According to the company, this makes MetaMask one of the first self-custodial wallets to offer native derivatives trading, available in approved regions.

Alongside perps, MetaMask is launching MetaMask Rewards, a seasonal points-based system that incentivizes onchain activity. Users can earn points by swapping tokens, trading perps, referring friends, and eventually spending with the MetaMask Card.

Rewards include fee discounts, priority support, $LINEA token allocations, and time-limited boosts. Season 1 is expected to feature over $30 million worth of $LINEA rewards, with future seasons expanding benefits across the broader MetaMask ecosystem.

Prediction markets with Polymarket

Another key development is MetaMask’s planned integration with Polymarket, the largest onchain prediction market. Through this partnership, users in supported regions will be able to speculate on outcomes across categories like politics, sports, and crypto directly from the MetaMask interface.

The move follows MetaMask’s confirmation that it is working toward a token launch, part of a wider strategy to expand its product suite and deepen user engagement.

MetaMask says these updates are part of a larger effort to “transform from a wallet into an onchain platform for personal finance.”

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