MetaMask announced on Wednesday that it will roll out perpetual futures trading inside the wallet, while launching a new rewards program.
The update also includes a planned integration with Polymarket to bring prediction markets into the app.
The perp feature is live now in select regions and is powered by Hyperliquid. MetaMask said the tool supports one-click funding from any EVM chain and removes swap fees for perp trades.
The company tied the moves to a broader strategy that includes a native token, MASK, and a new stablecoin, MetaMask USD or mUSD.
Also Read: Polymarket Eyes U.S. Comeback As Investors Signal Up To $10 Billion Valuation
Perpetuals go into the wallet
MetaMask now lets users trade perpetual derivatives inside their wallet. The company said the feature works without extra swaps and that funding is simple across EVM chains.
MetaMask noted that global perpetual DEX volume reached $765 billion in August 2025, and framed the launch as a response to growing demand for decentralised trading. The service is live in chosen regions and will expand over time.
Rewards and seasonal points
MetaMask also revealed MetaMask Rewards, which will run in permitted regions by the end of October. The program uses a seasonal points model, and each season lasts three months.
Users earn points by swapping tokens, trading perps, making referrals, and soon by spending with the MetaMask Card or holding mUSD.
Points unlock tiered perks, and those perks include $30 million in LINEA token allocations, perp fee discounts, priority customer support, points boosts, and a free year of the MetaMask Metal Card.
Prediction markets and MASK
Later this year, MetaMask plans to add prediction markets through an exclusive deal with Polymarket. The integration follows the wallet’s confirmation that it will launch a native token called MASK. Consensys CEO Joseph Lubin has said the team is actively working on MASK, though no launch date has been set.
A company statement noted in part, “These launches follow MetaMask’s recent confirmation that it will launch a token, long anticipated by the community and now officially in motion.” Gal Eldar, Global Product Lead at MetaMask, framed the new features as part of the wallet’s founding purpose.
“MetaMask was built to give people true ownership of their assets,” Eldar said. “Now we’re extending that same principle to the world’s most important markets, giving people access without ever giving up custody.”
New stablecoin and partners
MetaMask is also creating a stablecoin called MetaMask USD or mUSD. The coin will be issued through Bridge, a stablecoin issuance platform owned by Stripe. It will be minted using decentralised infrastructure from M0.
The company said mUSD will feed into the rewards program and future product features. Bridge and M0 will handle the technical side of issuing and minting, while MetaMask will integrate the coin into wallet flows and partner services.
The announcement arrives as major players invest in adjacent spaces. Intercontinental Exchange said it would invest up to $2 billion in Polymarket in a deal that values the prediction market at about $8 billion.
User experience and fees
MetaMask emphasised that perp trades will not incur swap fees. The company also promised one-click funding from EVM chains to make onboarding simpler.
MetaMask is broadening its role from a custody tool to a multi-product finance app. With perps, rewards, a native token and a stablecoin, the wallet is pushing deeper into trading and payments.
Also Read: MetaMask and Stripe Propose Stablecoin ‘MetaMask USD’ To Bridge DeFi And TradFi