MetaMask unveils perpetual futures trading and rewards program... partners with Polymarket

Global blockchain firm Consensys said on the 10th that its self-custody wallet MetaMask has launched a perpetual futures trading feature and the MetaMask Rewards program. With this launch, MetaMask aims to position itself as an all-in-one on-chain finance trading and investment hub beyond a simple wallet.

Perpetual futures account for about 75% of crypto trading volume, but until now could only be traded on centralized exchanges. MetaMask adopted decentralized exchange (DEX) Hyperliquid technology to support direct perpetual futures trading within the wallet. One-click funding is available across all EVM chains, and a zero-fee policy and an improved mobile app have enhanced speed and accessibility.

The introduced rewards program is a reward system for on-chain trading activity, where users can earn points through swaps, futures trading, card payments, holding stablecoins, and other activities. Points are operated on three-month seasons, and a $30 million distribution of LENEA, fee discounts, priority support, free Metal Card benefits, and more are provided.

MetaMask will also form an exclusive partnership with the world's largest prediction market Polymarket by the end of this year and integrate prediction market trading functionality into the platform. This will allow users to conduct prediction trading in areas such as sports, crypto assets, and politics directly within the MetaMask wallet.

With this announcement, MetaMask plans to evolve beyond a wallet into a practical gateway to global decentralized finance (DeFi). Users will be able to perform various financial activities such as trading, investing, and payments within a single platform, which is expected to reinforce MetaMask's vision of "providing advanced financial tools to anyone, anywhere."

Gal Eldar, MetaMask's Global Head of Product, said, "MetaMask is designed to enable users to manage their assets directly," adding, "this launch is a turning point toward a user-centric on-chain financial ecosystem."