Hyperliquid News Today: MetaMask Bridges DeFi and Traditional Trading with Hyperliquid Integration

MetaMask, the leading self-custodial cryptocurrency wallet with over 100 million users, has unveiled plans to integrate in-app perpetual futures trading through a partnership with Hyperliquid, a high-performance decentralized derivatives platform. This development, previewed at Token 2049 in Singapore and supported by leaked code from MetaMask’s GitHub repository, marks a significant shift in the wallet’s functionality, expanding its role from a storage tool to a full-fledged trading hubLeaked Code Reveals MetaMask Is Launching In-Wallet …^[5]. The integration will enable users to trade leveraged positions on assets like Bitcoin (BTC) and Hyperliquid’s native token (HYPE) directly within the MetaMask interface, using USDC depositsLeaked Code Reveals MetaMask Is Launching In-Wallet …^[5].

The feature, currently in testing, includes a dedicated “Perps” tab for managing perpetual contracts, real-time trade execution, and gas fee previews. Users will be able to open, monitor, and settle positions without leaving the wallet, mimicking the convenience of centralized exchanges while retaining decentralized infrastructure. Key technical details from the code include minimum deposit thresholds for USDC, slippage checks, and on-chain settlement tracking. Hyperliquid’s Layer 1 blockchain, which supports 200,000 orders per second and gas-free transactions, underpins the integration, aligning with MetaMask’s goal of seamless, transparent trading.

Hyperliquid’s rapid growth in the decentralized derivatives market underscores the partnership’s potential. The platform reported $383 billion in monthly trading volume and $106 million in August revenue, capturing an estimated 70% of the DeFi perpetuals market. Its institutional-grade infrastructure, including custody services with Anchorage Digital and native USDC integration with Circle, positions it as a scalable solution for MetaMask’s user base. The collaboration could democratize access to leveraged trading, offering retail users tools traditionally reserved for centralized platforms while maintaining on-chain transparencyLeaked Code Reveals MetaMask Is Launching In-Wallet …^[5].

Testing for the feature began in August 2025, with developers addressing bugs related to deposit flows, order execution, and interface responsiveness. Leaked code updates in September 2025 indicated the integration is nearing a release candidate stage, with speculation pointing to a potential launch at Token2049 or shortly thereafter. MetaMask’s CEO, Joseph Lubin, has also hinted at broader product expansions, including the long-anticipated MetaMask token (MASK) and a native stablecoin (mUSD), suggesting the wallet is positioning itself as a comprehensive financial gateway.

The integration raises regulatory and technical considerations. Perpetual futures trading involves leverage, exposing users to heightened risks, particularly in jurisdictions with strict derivatives regulations. Additionally, MetaMask’s user base, accustomed to simplicity, may face a learning curve in navigating advanced trading tools. However, the wallet’s emphasis on self-custody and transparency could mitigate concerns around security and control, distinguishing it from centralized alternativesLeaked Code Reveals MetaMask Is Launching In-Wallet …^[5].

For the DeFi ecosystem, the partnership represents a pivotal step in bridging traditional finance and blockchain. By embedding institutional-grade trading into a consumer-friendly interface, MetaMask and Hyperliquid aim to accelerate mainstream adoption of decentralized derivatives. As the feature approaches launch, its success will depend on user adoption, regulatory clarity, and the ability to maintain the performance and security standards that have defined both platformsLeaked Code Reveals MetaMask Is Launching In-Wallet …^[5].