Hyperliquid News Today: MetaMask Transforms Wallet into DeFi Hub with In-App Perpetual Trading

MetaMask Mobile has launched perpetual futures trading on its mobile app, marking a significant expansion of the self-custodial crypto wallet's capabilities. The feature, powered by decentralized derivatives platform Hyperliquid, allows users to trade perpetual contracts for Bitcoin, Ether, and other cryptocurrencies directly within the MetaMask interface. This integration eliminates the need to switch platforms, offering one-click funding from EVM-compatible blockchains and zero swap fees for perpetuals trading. The move positions MetaMask as a comprehensive on-chain trading hub, blending self-custody with advanced financial tools.

Hyperliquid, a high-performance decentralized derivatives protocol, underpins the new functionality. The platform processes over $275 billion in monthly trading volume and has achieved $2.5 trillion in cumulative perpetual contracts volume. Its Layer 1 architecture supports 200,000 orders per second, enabling gas-free transactions and on-chain settlements. The partnership aligns with Hyperliquid's growing dominance in the decentralized perpetuals market, where it now controls an estimated 70% of the sector's volume. By integrating Hyperliquid, MetaMask leverages the platform's infrastructure to deliver institutional-grade trading tools to its 30 million+ monthly active users.

The update includes a redesigned mobile app experience tailored for seamless trading. Users can fund positions instantly via USDC deposits, with real-time gas fee previews and slippage checks to optimize transactions. The integration also aligns with MetaMask's broader strategy to decentralize its ecosystem. The wallet announced a rewards program tied to user activity, allocating $30 million in LINEA tokens-a native token of Ethereum layer-2 network Linea-as part of its token rollout roadmap. These rewards, initially linked to trading, referrals, and card usage, will eventually connect to MetaMask's upcoming token, currently in development.

The timing of the launch has sparked speculation about a potential announcement at Token2049, a major crypto industry event in Singapore. Hyperliquid is scheduled to host an event during the conference, increasing the likelihood of a joint showcase. This aligns with MetaMask's recent product expansions, including its MetaMask USD stablecoin and a social login feature for account recovery. The integration also reflects broader trends in crypto trading, where decentralized exchanges (DEXs) now capture over 25% of total spot trading volume-a sharp rise from 9.3% in 2024.

The strategic shift underscores MetaMask's evolution from a token management tool to a full-fledged DeFi gateway. By embedding perpetuals trading, the wallet addresses a critical pain point for users seeking to avoid custodial risks while accessing sophisticated derivatives. However, challenges remain, including regulatory scrutiny of leveraged trading and the technical complexities of maintaining a seamless user experience for a large, global user base. For Hyperliquid, the partnership provides access to MetaMask's vast user network, accelerating adoption of decentralized derivatives and reinforcing its position as a leader in the $765 billion decentralized perpetuals market.

MetaMask's CEO, Joseph Lubin, has emphasized the project's commitment to decentralization, stating that the wallet's token launch may arrive "sooner than expected". The integration with Hyperliquid represents a pivotal step in this journey, blending self-custody with institutional-grade trading capabilities. As the crypto industry continues to blur the lines between wallets and exchanges, MetaMask's move could redefine how millions of users interact with decentralized finance, prioritizing security, transparency, and user control.

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Source: [1] Coindesk (https://www.coindesk.com/business/2025/10/08/metamask-will-add-polymarket-prediction-markets-rolls-out-perp-trading-with-hyperliquid)

[2] Cryptotimes (https://www.cryptotimes.io/2025/10/08/metamask-and-hyperliquid-partnership-brings-perp-trading-to-mobile-app/)

[3] The Currency Analytics (https://thecurrencyanalytics.com/altcoins/metamask-may-soon-add-in-wallet-perpetual-trading-through-hyperliquid-198927)

[4] Cryptonews (https://cryptonews.com/news/leaked-code-reveals-metamask-is-launching-in-wallet-perpetuals-trading-using-hyperliquid/)

[5] C Corner (https://www.c-sharpcorner.com/article/cex-vs-dex-which-one-should-you-use-in-2025/:~:text=%F0%9F%8E%AF%20For%20ease%20of%20use%2C%20fiat%20support%2C%20high)