MetaMask Introduces Support for Hyperliquid Swaps
MetaMask, the premier crypto wallet from Consensys, has unveiled its native support for Hyperliquid, a decentralized derivatives exchange. The latest integration allows users to engage in perpetual futures trading seamlessly through the MetaMask interface, eliminating the need for centralized platforms.
Perpetual futures enable traders to engage in speculation on cryptocurrency prices with leverage, all while eliminating the constraints of contract expiration dates. This product reflects the features of well-known exchanges such as Binance and OKX, but it is now accessible via a non-custodial, on-chain solution that grants users greater control over their assets and risk exposure.
Rising Popularity of Perpetual Futures Drives Adoption
Gal Eldar, the Global Product Lead at MetaMask, highlighted that the integration is a response to the growing worldwide interest in decentralized perpetuals. Eldar observed that MetaMask seeks to establish “incentives for users to remain in on-chain environments indefinitely.”
Internal data referenced in the release indicates that decentralized platforms achieved a trading volume of $765 billion for perpetual futures in August 2025. The milestone underscores an increasing interest among investors in leveraged crypto trading conducted independently, without the need for intermediaries or custodial oversight.
Decentralized Derivatives Gain Momentum Against Centralized Rivals
While centralized exchanges continue to hold a significant share of global open interest, decentralized options are beginning to attract attention. Hyperliquid has positioned itself as a leader in this transition, delivering an exceptional user experience while minimizing counterparty risk.
A report from March by CoinGecko indicated that decentralized perpetual protocols are steadily gaining volume from traditional market leaders. Traders are placing greater importance on transparent settlement, auditable contracts, and on-chain execution, indicating a significant shift in the derivatives ecosystem.
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Hyperliquid Token Rallies As Integration Is Announced
The native cryptocurrency of Hyperliquid, HYPE, experienced a 2.4% increase, reaching $46.12 after the announcement from MetaMask. The asset has seen a remarkable increase of 76% year-to-date, rising from $26.19 in January, which indicates a surge in confidence among traders and liquidity providers.
The collaboration underscores Hyperliquid’s growing impact in the decentralized finance (DeFi) space and enhances its competitive position relative to larger derivative platforms. Thanks to MetaMask’s extensive user base, Hyperliquid is able to reach millions of wallets that can execute on-chain derivative positions without delay.
Polymarket Integration Expected Later This Year
In addition to the Hyperliquid integration, MetaMask has announced its intention to integrate Polymarket, the well-known blockchain prediction platform that was recently valued at nearly $2 billion. This partnership will allow users to engage in prediction markets directly via MetaMask later this year.
The ascent of Polymarket showcases a resurgence of mainstream fascination with decentralized forecasting systems driven by blockchain technology. MetaMask’s forthcoming integration is in line with its overarching objective of transforming from a wallet application into a complete personal finance gateway that functions entirely on-chain.
MetaMask Broadens Its Ecosystem Beyond Ethereum
Since its inception in 2016, MetaMask has consistently broadened its horizons beyond Ethereum, embracing new blockchains and various digital asset categories. Recent upgrades have brought compatibility with Bitcoin and Solana, enhancing its utility for users engaged in cross-chain activities.
The platform first introduced in-wallet token swaps in 2021, establishing a groundwork for multi-chain DeFi accessibility. With the integration of perpetual futures and prediction markets, MetaMask is advancing toward its goal of becoming a central hub for decentralized finance activities across various networks.
Hyperliquid Partners With MetaMask for Seasonal Points Program and Linea Rewards
MetaMask has also announced a seasonal points program associated with the upcoming release of its native token. In the coming three months, users have the opportunity to accumulate points by interacting with integrated services like Hyperliquid and Polymarket.
These points will grant access to rewards, which may include potential allocations of Linea tokens from Consensys’ Ethereum layer-2 ecosystem. This initiative promotes increased involvement in MetaMask’s expanding ecosystem, connecting traditional traders with DeFi enthusiasts through rewarding engagement.
