MetaMask announced on Wednesday that it is launching perpetual futures trading and a new rewards system on the platform. The company also announced its upcoming integration with prediction markets through a partnership with Polymarket. Powered by Hyperliquid, the perpetual trading feature enables users to trade derivatives directly within their MetaMask wallet and is now live on the platform in select regions. MetaMask stated that the functionality supports one-click funding from any Ethereum Virtual Machine (EVM) chain and eliminates swap fees for perpetual trades.
This launch addresses the ongoing shift toward decentralized trading, with global perpetual DEX volume reaching $765 billion in August 2025, according to MetaMask. Later this year, MetaMask will integrate prediction markets into its wallet app through an exclusive partnership with Polymarket, following the recent confirmation of the wallet app’s launch of its native token, MASK.
“These launches follow MetaMask’s recent confirmation that it will launch a token, long anticipated by the community and now officially in motion, as part of its broader strategy to open new ways for users to engage,” the press release said. In a recent interview with The Block, Consensys CEO Joseph Lubin stated that the company is actively working on the upcoming MASK launch, although the exact launch date remains unclear.
“MetaMask was built to give people true ownership of their assets,” said Gal Eldar, Global Product Lead at MetaMask. “Now we’re extending that same principle to the world’s most important markets, giving people access without ever giving up custody.” Separately, the wallet platform is launching MetaMask Rewards — teased over the weekend — in permitted regions by the end of October.
The program operates on a seasonal points system, with three-month cycles where users accumulate points through token swaps, perp trades, referrals, and soon, spending via the MetaMask Card or holding mUSD stablecoin. Points unlock tiered benefits, such as $30 million in LINEA token allocations, perp fee discounts, priority customer support, points boosts, and a free year of the MetaMask Metal Card.
