On Wednesday, MetaMask, the leading cryptocurrency wallet developed by ConsenSys, announced significant new features. The wallet will now support Perpetual Futures (Perps) through its integration with Hyperliquid (HYPE). A new MetaMask Rewards program is also expected to launch by the end of October.
According to Wednesday’s press release, MetaMask will also become the first wallet to natively integrate prediction markets, on the heels of a new partnership with Polymarket, recognized as the world’s largest prediction market platform.
However, it asserts that a shift has occurred over the past year, with decentralized perpetual trading volumes hitting record highs—over $765 billion in August 2025—driven by increasing demand for non-custodial trading options.
The integration comes with a redesigned mobile app that significantly enhances speed and reduces latency, allowing for one-click funding from any Ethereum Virtual Machine (EVM) chain and eliminating swap fees on perpetual trades.
Gal Eldar, Global Product Lead at MetaMask, emphasized the company’s commitment to user ownership and autonomy, stating:
MetaMask was built to give people true ownership of their assets. Now we’re extending that same principle to the world’s most important markets, giving people access without ever giving up custody. This marks another step in transforming MetaMask into an on-chain platform for personal finance. Ultimately, we’re working not just to bring people on-chain, but to create the reasons users will never want to leave.
The momentum surrounding the wallet’s increased demand is amplified by comments from Joe Lubin, CEO of ConsenSys, who hinted back in September at the imminent launch of the MetaMask token.
At the time of writing, Hyperliquid’s native token, HYPE, was trading at $46.62, representing a gap of almost 23% between current valuations and all-time highs. Nevertheless, HYPE has been one of the top performers, surging by 1,100% since its launch.
Featured image from DALL-E, chart from TradingView.com