Key Points
- •MetaMask Mobile launches perpetual contracts trading powered by Hyperliquid.
- •Enhances access to decentralized finance markets.
- •Introduces user rewards program impacting the ecosystem.
MetaMask Mobile has launched perpetual contracts trading on October 8, 2025, enhancing its platform with Hyperliquid's technology, aiming to revolutionize decentralized finance access globally.
The introduction is projected to diversify DeFi participation, challenging centralized platforms while enhancing MetaMask's on-chain personal finance portfolio, triggering substantial interest from crypto enthusiasts.
Introduction to Perpetual Contracts Trading
MetaMask Mobile has officially launched perpetual contracts trading through Hyperliquid. This development marks a significant enhancement in decentralized finance accessibility, allowing users to engage in complex trading without surrendering custody of their assets.
Hyperliquid is recognized for its decentralized infrastructure, enabling MetaMask's new feature. The introduction of perpetual contracts allows over 150 token trades, expanding MetaMask’s initial capabilities as a crypto wallet into a burgeoning personal finance hub. According to Gal Eldar, Global Product Lead, MetaMask, “MetaMask was built to give people true ownership of their assets. Now we’re extending that same principle to the world’s most important markets, giving people access without ever giving up custody. This marks another step in transforming MetaMask into an on‑chain platform for personal finance. Ultimately, we’re working not just to bring people on‑chain, but to create the reasons users will never want to leave.”
Impact on Decentralized Exchanges
The launch is expected to influence liquidity within decentralized exchanges. By offering up to 40x leverage, MetaMask aims to attract liquidity away from centralized exchanges, increasing on‑chain volume and user engagement in DeFi derivatives.
MetaMask’s rewards program involves the initial distribution of $30 million in LINEA tokens. This effort is likely to boost active trading, presenting users with reduced fees and premium services, which could reshape user incentives within DeFi ecosystems.
MetaMask's Strategic Move
MetaMask aims to challenge existing decentralized perpetual contract platforms by offering mobile self‑custody. The strategic emphasis is on providing reasons for users to remain within the on‑chain ecosystem, building long‑term engagement.
Historical trends indicate a shift from centralized to decentralized exchanges, with record‑breaking DEX volumes reported. MetaMask's move could heighten this trend, with perpetual DEX volume surpassing $765 billion in August 2025, highlighting growing interest in decentralized platforms.