TLDR
- MetaMask adds perps trading via Hyperliquid in major DeFi expansion.
- Decentralized perps now live in MetaMask—powered by Hyperliquid.
- Trade perps directly in MetaMask with zero swap fees and full custody.
- MetaMask evolves into a trading hub with perps, rewards, and MASK token.
- Hyperliquid integration fuels MetaMask’s leap into decentralized futures.
MetaMask has added perpetual futures trading to its wallet through a new integration with Hyperliquid, marking a major expansion. The move signals MetaMask’s direct entry into the booming decentralized perps market, aiming to shift users from centralized exchanges. This step aligns with MetaMask’s broader strategy to grow into a complete self-custodial trading hub.
MetaMask Expands Trading With Hyperliquid Engine
MetaMask has embedded the Hyperliquid trading engine directly into its wallet interface to support decentralized perpetual swaps. This integration enables users to trade derivatives on-chain without leaving MetaMask or compromising custody of their assets. The upgrade also improves accessibility by optimizing the feature for mobile platforms.
🚨 PERPS ARE NOW LIVE 🚨
You can start trading perps on MetaMask Mobile.
And rewards are coming soon. 🧵👇 pic.twitter.com/J2lgZvlpmr
— MetaMask.eth 🦊 (@MetaMask) October 8, 2025
Users in select regions can now access the service, which supports one-click funding from any Ethereum Virtual Machine (EVM) chain. MetaMask eliminates swap fees for perps trading, increasing appeal for active users who prioritize cost-efficiency. The update supports MetaMask’s effort to convert passive users into active market participants.
The platform is also preparing to launch prediction markets through a partnership with Polymarket later this year. This upcoming feature expands MetaMask’s offering beyond perps and swaps, deepening its presence in the decentralized finance ecosystem. The company aims to give users access to more market tools while preserving custody and privacy.
MetaMask Launches Perp Rewards Program and Prepares MASK Token
MetaMask introduced a new seasonal rewards program that encourages trading, swapping, referrals, and use of MetaMask’s financial products. The system will operate in three-month cycles, during which users collect points to unlock tiered benefits. Benefits include fee discounts, token rewards, boosted points, and MetaMask Metal Card access.
Rewards will also be available for users who spend using the MetaMask Card or hold the platform’s mUSD stablecoin. According to MetaMask, $30 million in LINEA tokens will be allocated through the rewards program. This aligns with MetaMask’s goal of increasing wallet activity and broadening engagement across its growing feature set.
MetaMask confirmed the upcoming launch of its native token MASK, though the release date remains unspecified. Consensys CEO Joseph Lubin recently confirmed the token is in development. The MASK token will serve as a cornerstone of MetaMask’s evolving platform strategy and incentive model.
Infinex Integrates Hyperliquid and Records Strong Volume
Infinex, a decentralized trading front-end launched in mid-2024, integrated Hyperliquid into its platform several weeks ago. The beta integration generated over $100 million in trading volume during its first four weeks. Infinex has now opened the feature to its full user base.
The platform operates as a non-custodial frontend, allowing users to interact with decentralized protocols like Hyperliquid while retaining control of their funds. With its early success, Infinex highlights the rising demand for decentralized perps trading alternatives. The feature directly competes with traditional centralized exchanges by matching speed and liquidity.
Hyperliquid powers both MetaMask and Infinex’s trading capabilities, positioning itself as the leading decentralized perps engine. The integrations come as global decentralized perps volume reached $765 billion in August 2025. As user demand rises, these platforms aim to capture growing market share while reinforcing decentralization principles.
