news.bitcoin.com
On Wednesday, Metamask confirmed plans to launch its own token and announced an exclusive partnership with Polymarket to integrate prediction markets into its platform later this year, signaling the wallet’s broader shift toward becoming a global self-custodial trading and investment hub.
Polymarket Joins Metamask as Wallet Moves Toward All-in-One Trading Platform
In a release shared with Bitcoin.com News, Metamask, the self-custodial crypto wallet developed by Consensys, unveiled new products that the team says mark a major step in its evolution.
The company further confirmed it will launch a token and revealed an exclusive integration with Polymarket, the world’s largest prediction market, allowing users to trade event outcomes directly within the wallet later in 2025.
The announcement follows the launch of Metamask’s new stablecoin, Perpetual Futures (Perps) trading, and a rewards program, aiming to position the wallet as an all-in-one decentralized finance (DeFi) platform. The Perps feature—powered by the decentralized exchange (DEX) Hyperliquid—enables users to trade perpetual futures without relinquishing custody of their assets.
Metamask disclosed that it is available in select regions and is designed to offer lower latency, one-click funding from any Ethereum Virtual Machine (EVM) chain, and zero swap fees. According to Consensys, perpetual futures account for about 75% of total crypto trading volume, yet most trading historically occurred on centralized exchanges. Metamask’s move aims to bring these markets onchain, enabling users to access derivatives directly from their wallets.
In the release, the firm also launched Metamask Rewards, a points-based program rewarding trading activity, referrals, and other onchain engagement. Participants can earn perks such as Linea token allocations, discounted trading fees, and free access to the Metamask Metal Card. Points will eventually tie into the wallet’s forthcoming token, creating deeper incentives for activity across the ecosystem.
Metamask’s upcoming Polymarket integration will extend access to onchain prediction markets covering categories such as sports, crypto, and politics, the firm said. The partnership positions Metamask as the first wallet to natively offer this functionality.
Together, the wallet’s team thinks these initiatives mark Metamask’s transformation from a simple crypto wallet into a full-fledged trading and investment platform focused on accessibility, autonomy, and onchain finance. Several competitors are also launching all-in-one styled applications as well.