MetaMask is partnering with Hyperliquid to offer perpetuals trading directly within its interface. Code updates on GitHub suggest active development, with a new “Perps” trading screen in progress. The move aims to expand MetaMask’s services for its 30 million users, enabling leveraged derivatives trading seamlessly within the wallet environment. Hyperliquid, known for high-performance perpetual futures trading, will be integrated, boasting over $383 billion in monthly trading volume and $106 million in August revenue. The exchange holds 70% of the DeFi perpetuals market, processing $330.8 billion annually with a lean workforce. MetaMask’s potential token launch could coincide with the integration, marking a significant step in bringing advanced derivatives trading to mainstream DeFi. This aligns with MetaMask’s recent product suite expansions, including a crypto debit card partnership with Mastercard and Baanx, and plans for a native stablecoin, mmUSD, launching on Ethereum. The wallet’s social login feature, released on August 27, further enhances user experience and security, positioning MetaMask as a comprehensive financial gateway for decentralized services.

Read more at Yahoo Finance: Leaked Code Reveals MetaMask Is Launching In-Wallet Perpetuals Trading using Hyperliquid