Newton Gitonga
Popular cryptocurrency wallet MetaMask has officially rolled out perpetual futures trading within its mobile app.
Notably, decentralized exchange Hyperliquid will power the new feature, which allows users to execute leveraged longs or shorts on over 150 tokens with 40x leverage without leaving MetaMask.
🚨 PERPS ARE NOW LIVE 🚨
You can start trading perps on MetaMask Mobile.
And rewards are coming soon. 🧵👇
The move could transform how millions interact with decentralized finance as MetaMask matures from a simple wallet to a complete trading platform.
MetaMask simplifies trading
One of the primary challenges cryptocurrency traders encounter is navigating different ecosystems, wallets, and decentralized applications (dApps).
MetaMask continues to build a lucrative atmosphere for investors and traders.
It has made crypto access smooth and easier with the new perpetual futures.
With it, people can open, close, or monitor leveraged positions from their smartphones.
There’s no need for extra connections, centralized exchanges, or waiting for confirmations.
MetaMask prioritizes speed with its new feature, with trades taking seconds to settle. Perpetual futures are prone to wild fluctuations, making speed essential.
The official announcement highlighted:
With MetaMask perps, you can trade with up to 40x leverage, and easily fund a perps account with any EVM token. Go long or short on 150+ tokens (like ETH, BTC, LINEA, XPL, and BONK) in just a few seconds. Open your position, confirm, done.
Individuals can get started with MetaMask’s new feature by updating their mobile applications and exploring the newly added Perps tab.
They can begin using the functionality by depositing any asset using an EVM-compatible chain.
Understanding perpetual futures
Perps or perpetual futures are cryptocurrency derivatives that enable traders to speculate on asset prices, forecasting whether prices will fall or rise.
While traditional futures have expiry dates, perps allow positions to remain open indefinitely.
Such flexibility makes them a lucrative financial tool for both long- and short-term traders.
Perpetual futures have gained traction lately, with perp DEXs like Hyperliquid and Aster dominating charts.
Experts believe these products will shape the Q4 broad-based bull runs.
MetaMask brings perpetual trading into the hands of its users with the new integration.
The 40x leverage means you can manage $4,000 worth of a position using $100, though it also means the possibilities of magnifying your losses.
The wallet leverages Hyperliquid, a Perp futures DEX popular for deep liquidity and ultra-fast execution, to power its new trading functionality.
With Hyperliquid, MetaMask guarantees users a reliable and smooth trading experience, without depending on centralized avenues.
These developments signal MetaMask’s broader goal of merging self-custody with innovative trading tools, while ensuring an intuitive and simple user experience.
Enthusiasts will watch how this alliance redefines how individuals trade digital assets, considering Hyperliquid’s immense liquidity and MetaMask’s immense user base.
The post MetaMask taps Hyperliquid to launch mobile perpetual futures trading appeared first on Invezz
