MetaMask now includes Hyperliquid, allowing users to trade perpetual contracts directly within the wallet.

MetaMask Integrates Perpetual Futures Trading

MetaMask now supports perpetual futures trading through a direct integration with Hyperliquid, a decentralized derivatives exchange. This allows users to trade leveraged positions directly within the mobile app without leaving the wallet, streamlining the process and removing the need for external dApps. The move aims to merge self-custody with advanced DeFi trading capabilities.

Hyperliquid's Growth and MetaMask's Vision

This partnership could mark a significant breakout moment for Hyperliquid, which has rapidly grown to handle substantial trading volume. For MetaMask, the integration is part of a broader vision to transform the wallet into a complete DeFi operating system, adding features like swaps, staking, and now leveraged trading. It simplifies access to the profitable perpetuals market, accounting for 75% of crypto derivatives volume.

Functionality and User Experience

Users can fund Hyperliquid accounts with USDC from various EVM networks and trade assets like BTC, ETH, and SOL with near-zero latency and lower gas fees. The integration also removes swap fees and utilizes Hyperliquid’s Layer-2 infrastructure. This simplifies the user experience, especially for those new to DeFi.

Future Developments & Broader Impact

Following the Hyperliquid integration, MetaMask announced a partnership with Polymarket for prediction markets, expected to launch later this year. The move strengthens MetaMask’s long-term strategy and aims to redefine how users engage with DeFi, potentially bringing a new wave of traders to on-chain trading.