worldcoinindex.com
MetaMask has officially entered the world of perpetuals trading, unveiling a new mobile-first service powered by Hyperliquid. The feature, called MetaMask Perps, enables users to trade contracts on more than 150 EVM-compatible assets—including ETH, BTC, LINEA, XPL, and BONK—with leverage as high as 40x.
The launch marks a bold move for the ConsenSys-owned wallet provider, which is steadily transforming from a simple crypto storage tool into an integrated trading and investment platform. In its announcement, MetaMask confirmed that perpetuals trading is just one part of its larger roadmap, which also includes the MetaMask token and a Rewards program expected to debut later this month.
The company has also revealed plans to partner with Polymarket, integrating prediction markets that will allow users to speculate on real-world events—from sports and politics to crypto trends—directly within the MetaMask ecosystem.
However, the shift hasn’t come without controversy. Community members have voiced concerns over the risks tied to high-leverage trading, especially given MetaMask’s reputation as a wallet geared toward everyday crypto users. Critics warn that offering 40x leverage could expose retail traders to significant losses.
Adding to that skepticism is the question of technical resilience—whether MetaMask’s current infrastructure can reliably handle rapid-fire, high-volume trades without disruption. Even minor performance issues could have outsized financial consequences for users trading on margin.
Despite these challenges, MetaMask’s leadership sees this evolution as essential to its long-term vision: positioning the platform as an all-in-one self-custodial financial hub. Whether that vision will strengthen MetaMask’s standing in the DeFi ecosystem or alienate its existing user base remains to be seen—but one thing is clear: MetaMask’s transformation has only just begun.