MetaMask Launches Perpetuals Trading and Rewards, Eyes Polymarket Integration

Highlights:

• MetaMask launches perpetual trading with Hyperliquid for in-wallet derivatives access.
• A new rewards program introduces seasonal points for trading and holding mUSD.
• Exclusive Polymarket integration will bring native prediction markets to MetaMask.

MetaMask, the leading self-custodial crypto wallet, has launched perpetual futures trading. The new option is powered by Hyperliquid, a leading decentralized derivatives system. It enables traders to conduct trade inside the MetaMask application.

This move makes MetaMask more than a wallet, as it now becomes a complete trading hub. The application enables the funding of any EVM chain with a single click, with no swap fee on perpetual trades. The upgrades will target users who seek to trade fast and decentralized options.

Moreover, the introduction of perpetuals is very timely. In August 2025, the decentralized derivatives trading volumes reached 765 billion. The new trading product by MetaMask enables it to access these markets and retain self-custody.

In addition to the launch of trading, MetaMask is also launching a new rewards program. The platform will introduce it in a few regions by the end of October. This program consists of a seasonal points-based system that rewards frequent participation.

🚨 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

A Closer Look at the MetaMask Rewards Program

MetaMask Rewards shall operate in three-month seasons. An incentive layer of social incentives is provided through swapping tokens and trading perpetuals in the app to earn points. Additional sources of income will be available soon after the launch. These involve spending through the MetaMask Card and holding the stablecoin of the platform, mUSD. MetaMask has plans to increase its utility by rewarding various in-ecosystem activities.

Season 1 offers unique boosts. Exchanges on the Linea network and using MetaMask Mobile attract other points, which will be carried into the next season. The points unlock benefits such as over $30 million of the tokens offered in the perpetual trading fees and the perks of the MetaMask Metal Card. Users can also obtain priority support and boosts in time-based points.

This marks a broader change of direction for MetaMask by becoming more than a wallet but also an investment and reward platform. The smooth integration of trading and earning adds value to users’ activities.

Native Prediction Markets Coming with Polymarket

Metamask will also be the first crypto wallet to have prediction markets natively integrated. This will be done via an exclusive partnership with Polymarket, the premier prediction market in the crypto arena. Later this year, users in approved locations will be able to use Polymarket directly within the MetaMask app. This integration enables making predictions in various categories, including politics, sports, and cryptocurrency events.

MetaMask Global Product Lead Gal Eldar stated that the intention is to make users have no reason to leave. MetaMask is currently establishing itself as an on-chain financial platform, with native trading, earning, and prediction features. Polymarket collaborated with Chainlink in September to be able to verify data and achieve fast and verifiable results. The move aimed to transform prediction markets into secure and accessible markets for everyday users.

.@Polymarket, the leading onchain prediction markets platform, has officially partnered with Chainlink to launch new 15-minute markets featuring near-instant settlement and industry-leading security.https://t.co/M5C1yRrBI5

Starting with asset pricing, the integration combines… pic.twitter.com/Dh7LQLmTdo

— Chainlink (@chainlink) September 12, 2025

Furthermore, Polymarket received $2 billion in investment from the parent company of the New York Stock Exchange, ICE.