MetaMask is gearing up to introduce perpetual contract trading directly inside its wallet through a partnership with Hyperliquid, according to recent developer code updates. This marks a major step toward bringing advanced derivatives trading to everyday DeFi users.
What’s Happening
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Developers have discovered new features in MetaMask’s code referencing a “Perps” tab, designed to let users trade perpetual futures contracts without leaving the wallet interface.
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A built-in USDC deposit system is being tested, enabling users to fund trades directly within MetaMask rather than transferring assets to external exchanges.
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The integration leverages Hyperliquid’s Layer 1 infrastructure, promising fast, gas-free settlements and improved trading efficiency.
Why It Matters
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With over 30 million monthly active users, MetaMask could make derivatives trading far more accessible to the DeFi community.
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This move reduces friction for users wanting to trade advanced instruments like perpetuals without compromising self-custody.
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Analysts note that while the feature is a breakthrough, MetaMask will need to implement strong risk controls to manage leverage and permissions in a decentralized environment.
Next Steps
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The feature appears close to launch, with speculation that MetaMask may announce it at an upcoming major crypto conference.
