MetaMask, the popular cryptocurrency wallet developed by Consensys, is moving deeper into cryptocurrency trading and speculation, adding perpetual swap trading and announcing plans to add the Polymarket prediction market to its platform.
The company announced Wednesday that Polymarket integration will occur later this year as part of an exclusive partnership, allowing users in approved regions to access on-chain prediction markets directly within the app. Users will be able to bet on real-world outcomes, from elections to cryptocurrency price movements, without relinquishing control of their assets.
Alongside Polymarket’s plans, MetaMask also introduced perpetual futures trading within its app on Wednesday. The new features are supported by hype$46.09a decentralized derivatives protocol that brings one of the most active markets for cryptocurrencies into the wallet itself.
Perpetual contracts are contracts that allow users to trade based on future price movements without expiration, and account for approximately 75% of all cryptocurrency trading volume. HyperLiquid is a major player in a fast-growing sector, with $275 billion in trading volume last month, according to Token Terminal data.
The MetaMask version includes a redesigned mobile app, zero swap fees, and one-click funding across EVM-compatible chains, according to a press release.
Introducing MetaMask token
In preparation for the long-awaited token launch, MetaMask said it also plans to debut a points-based rewards program tied to user activity by the end of this month.
The program spans transactions, referrals, and MetaMask card usage, and offers benefits such as fee discounts and token allocation. In the first phase, the company allocated $30 million to the native token of Linea, an Ethereum layer 2 network also developed by ConsenSys. These points and the future will eventually be connected to the next token currently in development.
The latest plans follow MetaMask’s launch of a bespoke MetaMask USD (MUSD) stablecoin using Stripe’s Bridge and M0. The supply of this token exceeded $100 million in one month.
Read more: MetaMask confirms $30M rewards program, links to future tokens
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