MetaMask, the popular crypto wallet developed by Consensys, is delving deeper into cryptocurrency trading and speculation, adding perpetual swap operations and announcing plans to add Polymarket prediction markets to its platform.
The firm said on Wednesday that the 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 in their app. Users will be able to bet on real-world outcomes, from elections to cryptocurrency price movements, without giving up custody of their assets.
In addition to Polymarket’s plans, MetaMask also launched perpetual futures trading within its app on Wednesday. The new feature is supported by a decentralized derivatives protocol that brings one of the most active cryptocurrency markets to your own wallet.
Perpetuals are contracts that allow users to trade future price movements without expiration and represent approximately 75% of all cryptocurrency volume. Hyperliquid is a major player in the fast-growing segment, processing $275 billion in trading volume last month, TokenTerminal data shows.
The MetaMask version includes a redesigned mobile app, zero exchange fees, and one-click funding on EVM-compatible chains, according to the press release.
MetaMask token coming soon
MetaMask said it will also introduce a points-based rewards program tied to user activity later this month, ahead of the much-anticipated token launch.
The program will cover trading, referrals and MetaMask card usage, with rewards including fee discounts and token allocations. In the first phase, the company allocated $30 million in native tokens of Linea, the Ethereum layer 2 network also developed by Consensys. Those points, as well as future ones, will eventually connect to the next token that is now in the works.
The latest plans follow MetaMask’s launch of its custom MetaMask USD (MUSD) stablecoin with Stripe’s Bridge and M0. The token surpassed $100 million in supply in one month.
Read more: MetaMask confirms $30 million bounty program and links to future tokens
