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>>MetaMask now offers perpetual futures trading, utilizing technology from Hyperliquid (HYPE) and Polymarket.

MetaMask now offers perpetual futures trading, utilizing technology from Hyperliquid (HYPE) and Polymarket.

crypthub

1 day ago

New Wallet Features and Trading Options

MetaMask, developed by ConsenSys, is introducing significant upgrades, including support for Perpetual Futures through Hyperliquid (HYPE). This integration addresses the growing demand for decentralized perpetual trading, which accounts for a large portion of cryptocurrency trading volume. The wallet will now offer in-wallet perpetual trading with a redesigned mobile app focused on speed and efficiency. MetaMask aims to overcome previous adoption barriers by streamlining the trading process.

Expansion into Prediction Markets

MetaMask will also integrate with Polymarket, the world’s largest prediction market platform, providing native support later this year. This expansion enhances the wallet’s DeFi capabilities and broadens user access to diverse financial markets. This partnership allows users to participate directly in prediction markets without leaving the MetaMask environment. The move further emphasizes the wallet’s commitment to offering a comprehensive platform.

User Ownership and Future Token

MetaMask emphasizes user ownership and autonomy with these new features. Gal Eldar highlighted the principle of allowing people access without relinquishing control. Joe Lubin, CEO of ConsenSys, indicated an imminent launch of the MetaMask token ("Mask token"). The token is anticipated to contribute to the decentralization of various MetaMask platform aspects.