Yes

>>MetaMask introduces in-wallet perpetual swaps trading, potentially disrupting centralized exchanges.

MetaMask introduces in-wallet perpetual swaps trading, potentially disrupting centralized exchanges.

crypthub

3 days ago

MetaMask Expands Trading Capabilities

MetaMask has launched “MetaMask Perps,” a new feature enabling users to trade perpetual futures directly within its mobile app, powered by Hyperliquid. This expands MetaMask’s functionality, allowing users to trade over 150 tokens with leverage while maintaining control of their private keys. Trading is facilitated using EVM-compatible tokens, automatically converted to USDC for trading, and offers performance comparable to centralized exchanges.

Features and Trading Details

The revamped mobile interface provides instant trade execution, live charts, and risk management tools like stop-loss orders. Users need to update to MetaMask Mobile version 7.56 or later to access the "Perps" tab and begin trading. Trades settle quickly and traders can monitor positions in real-time via push notifications.

Market Position and Future Plans

This launch places MetaMask in competition with established centralized exchanges like Binance and Kraken, but distinguishes itself through its self-custodial framework. Consensys anticipates the release of the long-awaited MetaMask token, MASK, may occur sooner than previously expected. The integration of mUSD, MetaMask’s own stablecoin, further enhances the wallet’s utility.