MetaMask, the popular crypto wallet developed by Consensys, is moving deeper into crypto trading and speculation, adding perpetual swaps trading and announcing plans to add Polymarket prediction markets to its platform.
The firm said on Wednesday the Polymarket integration will come later this year as part of an exclusive partnership, allowing users in approved regions to access onchain prediction markets directly in its app. Users will be able to bet on real-world outcomes from elections to crypto price movements without giving up custody of their assets.
Alongside the Polymarket plans, MetaMask also rolled out perpetual futures trading within its app on Wednesday. The new feature is underpinned by HYPE$46.09, a decentralized derivatives protocol, bringing one of crypto’s most active markets into the wallet itself.
Perpetuals are contracts that allow users to trade on future price movements without expiration, and account for about 75% of all crypto volume. Hyperliquid is a major player in the fast-growing segment, processing $275 billion in trading volume last month, TokenTerminal data shows.
MetaMask’s version includes a redesigned mobile app, zero swap fees and one-click funding across EVM-compatible chains, the press release said.
MetaMask token coming
MetaMask said it will also debut by the end of this month a points-based rewards program tied to user activity, leading up to its long-anticipated token launch.
The program will span trading, referrals and use of the MetaMask card, with rewards including fee discounts and token allocations. In the first phase, the firm allocated $30 million in native token of Linea, the Ethereum layer-2 network also developed by Consensys. Those points, as well as future will eventually connect to the upcoming token now in the works.
The latest plans follow MetaMask launching its bespoke MetaMask USD (MUSD) stablecoin with Stripe’s Bridge and M0. The token surpassed $100 million in supply in a month.
Read more: MetaMask Confirms $30M Rewards Program, Links to Future Token
