MetaMask Launches Perpetuals Trading, Plans Polymarket Integration
MetaMask’s new perpetuals trading service marks a major step in its evolution from wallet app to investment hub. With Hyperliquid’s tech and Polymarket integration, MetaMask aims big—but users question if its infrastructure is ready.
MetaMask launched its new perpetuals trading service today, a mobile-focused platform powered by Hyperliquid. It offers up to 40x leverage on over 150 EVM-compatible assets.
This is part of a broader trend to pivot the firm from a wallet service to a broader trading/investment hub. It will integrate with Polymarket to provide prediction markets and other services, but its infrastructure might not be up to the challenge.
MetaMask Pivots with Perpetuals
MetaMask, a crypto wallet platform, has been pursuing ambitious expansion goals over the last few months, launching new partnerships to fulfill its aims.
Today, the company further continued this long-term strategy, launching perpetuals trading on MetaMask’s mobile app:
🚨 PERPS ARE NOW LIVE 🚨You can start trading perps on MetaMask Mobile.And rewards are coming soon. 🧵👇
— MetaMask.eth 🦊 (@MetaMask) October 8, 2025
The new perpetuals service, MetaMask Perps, is powered by Hyperliquid. It offers contracts based on over 150 tokens, including ETH, BTC, LINEA, XPL, and BONK. EVM compatibility is a general rule of thumb for determining whether an asset is eligible.
According to MetaMask’s press release, the perpetuals contracts are just one component of the firm’s near-term goals. It further confirmed that it plans to launch its own token soon, and the company will launch its new Rewards program in October despite community backlash.
Together, the perpetuals trading and other new products will “establish MetaMask as an all-in-one self-custodial trading and investment hub for global finance”, if everything goes according to plan.
That is to say, these features are part of a broader pivot, reducing MetaMask’s wallet capabilities as the business’s core focus.
Polymarket Integration and Safety Concerns
As one of these new services, the company plans to partner with Polymarket, bringing prediction markets to its customers worldwide. These markets will include all the classic betting options on these services, like sports, politics, and token markets.
Still, this perpetuals trading idea has earned some backlash from MetaMask’s community. This mobile-first platform will offer incredibly risky trades, with up to 40x leverage, with an immense possibility for trader losses.
Is MetaMask’s infrastructure prepared to power these trades, when one technical setback could ruin its users?
Metamask now offers pers, but I'm afraid to try it because what happens if I open a position, I'm in profit, want to close it, but then get stuck in this window for 5 hours and when I finally manage to log in, I've already been liquidated?
— wale.moca 🐳 (@waleswoosh) October 8, 2025
In other words, these perpetuals could be the first step to revolutionizing MetaMask, but there are many unanswered questions. Although the firm wishes to become much more than a wallet app, its users still need to actually participate.
If controversies keep piling up, that could hinder on-chain activity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Morgan Stanley Illustrates 'Blue Wave' Impact: 20% of New Data Center Projects May Be Delayed to 2029, 40% of Shipped Chips May 'Not Be Powered On' Before 2028
Morgan Stanley believes that the US midterm elections are substantially disrupting the construction pace of AI data centers—about 5GW of capacity will be postponed from 2028 to 2029, and up to 40% of chip deployments between 2026 and 2028 risk not being powered on time. The combined pressures of power shortages, political resistance, and rising costs are accelerating the shift of capital toward overseas markets such as Southeast Asia and India, potentially extending the overall AI capital expenditure cycle.
Risk is shifting! Goldman Sachs: Chipmakers' CDS spreads surpass hyperscale cloud providers for the first time, AI default swaps hit record highs
Goldman Sachs stated that AI credit risk is shifting from cloud giants to chip suppliers. For the first time in nearly three months, the chip CDS spread has surpassed that of hyperscale cloud providers, reflecting market concerns over intensified GPU depreciation and customer financing exposure. Impacted by a supply surge, bond issuance premiums for cloud providers have risen significantly, with durations shortening. As hundreds of billions of dollars in project financing flood in by 2027, pressure in the credit market is expected to continue accumulating.
Difficult to Monetize 3.57 Billion Orders? Neutron's Maiden Flight Delayed and Iridium (IRDM.US) Faces Acquisition Funding Pressure
Rocket Lab reported Q3 revenue of $268 million and outstanding orders totaling $3.57 billion. The maiden flight of the Neutron rocket has been postponed to 2027, with clients such as ICEYE having already reserved launch windows in advance. Although operating cash flow has turned positive, the planned acquisition of Iridium will require more than $3 billion in cash, with future revenue...
Crypto prices
More
