MetaMask Adds Polymarket Prediction Markets and Perp Trading with Hyperliquid
Key Developments in MetaMask:
- MetaMask is enhancing its platform by integrating perpetual swaps trading and Polymarket prediction markets.
- The Polymarket integration will enable users in approved regions to access onchain prediction markets within the app, allowing bets on real-world outcomes without losing asset custody.
- Perpetual futures trading is now available within the MetaMask app, supported by Hyperliquid, a decentralized derivatives protocol. This feature targets one of crypto’s most active markets.
- Perpetual contracts facilitate trading on future price movements without expiration and represent about 75% of all crypto volume. Hyperliquid processed $275 billion in trading volume last month.
- MetaMask launched a redesigned mobile app featuring zero swap fees and seamless funding across EVM-compatible chains.
Upcoming MetaMask Token and Rewards Program:
- A points-based rewards program tied to user activity will be introduced, leading to a token launch by month's end.
- The program includes trading, referrals, and usage of the MetaMask card, offering rewards like fee discounts and token allocations.
- $30 million in native tokens of Linea, an Ethereum layer-2 network, has been allocated for the initial phase.
- These developments follow the launch of MetaMask USD (MUSD) stablecoin, which exceeded $100 million in supply in a month.