MetaMask Steps Into Decentralized Derivatives
MetaMask, the world’s leading self-custodial crypto wallet, is expanding its reach into decentralized trading. The company announced on Wednesday that it has launched perpetual futures trading directly within its wallet, alongside a new rewards program and plans to integrate prediction markets through a partnership with Polymarket later this year.
Cryptocurrency
The new perpetuals feature, powered by Hyperliquid, allows users to trade derivatives seamlessly within their MetaMask wallets. The system supports one-click funding from any Ethereum Virtual Machine (EVM)-compatible network and eliminates swap fees for perpetual trades — a move designed to streamline decentralized trading and reduce costs for users.
According to MetaMask, the shift comes amid booming global interest in decentralized derivatives. In August 2025, perpetual DEX trading volume hit $765 billion, underscoring how quickly decentralized exchanges are capturing market share from centralized platforms.
Perpetual Futures Go Live
With the launch now live in select regions, MetaMask users can open and manage perpetual futures positions without leaving their wallet interface. This aligns with MetaMask’s broader mission of giving users greater control over their assets — a message echoed by Gal Eldar, the company’s Global Product Lead.
“MetaMask was built to give people true ownership of their assets,” Eldar said. “Now we’re extending that same principle to the world’s most important markets, giving people access without ever giving up custody.”
Polymarket Integration: Prediction Meets DeFi
Later this year, MetaMask plans to integrate prediction markets into its app through an exclusive collaboration with Polymarket, one of the leading decentralized platforms for event-based forecasting. The move will allow users to engage in markets tied to real-world outcomes — from elections to sports — directly within MetaMask.
The integration follows MetaMask’s confirmation that it is preparing to launch its long-awaited MASK token, a development Consensys CEO Joseph Lubin recently reaffirmed in an interview. While no specific launch date has been announced, the token is expected to play a key role in future governance and incentive structures across the MetaMask ecosystem.
Introducing MetaMask Rewards
Alongside its trading expansion, MetaMask is also debuting MetaMask Rewards, a new incentive program set to roll out in permitted regions by the end of October. The system runs on three-month seasonal cycles, where users can earn points through various wallet activities — including token swaps, perpetual trades, referrals, and, in the future, spending via the MetaMask Card or holding the platform’s mUSD stablecoin.
gm foxes 🦊
— MetaMask.eth 🦊 (@MetaMask) October 4, 2025
Yes, a rewards program is on the way. 👀
Any of the details you've previously seen/heard are not indicative of what is to actually launch. Let's talk a little bit about what the actual MetaMask Rewards program WILL be.
This program will yield referral rewards, mUSD…
Participants will be able to redeem their points for tiered rewards, such as $30 million in LINEA token allocations, trading fee discounts, priority support, and even a free year of the MetaMask Metal Card.
Expanding the Decentralized Frontier
The expansion into perpetuals, prediction markets, and rewards marks MetaMask’s most ambitious move yet beyond wallet functionality. Together, these updates signal a strategic push to make MetaMask a comprehensive DeFi hub, bridging trading, payments, and forecasting within one trusted interface.
By combining accessibility with user control, MetaMask continues to position itself at the center of decentralized finance — where ownership, transparency, and autonomy define the next wave of digital innovation.
