MetaMask, the favored crypto pockets developed by Consensys, is shifting deeper into crypto buying and selling and hypothesis, including perpetual swaps buying and selling and asserting plans so as to add Polymarket prediction markets to its platform.
The agency stated on Wednesday the Polymarket integration will come later this yr as a part of an unique partnership, permitting customers in authorised areas to entry onchain prediction markets straight in its app. Customers will be capable of wager on real-world outcomes from elections to crypto value actions with out giving up custody of their property.
Alongside the Polymarket plans, MetaMask additionally rolled out perpetual futures buying and selling inside its app on Wednesday. The brand new function is underpinned by HYPE$46.09, a decentralized derivatives protocol, bringing one in every of crypto’s most energetic markets into the pockets itself.
Perpetuals are contracts that enable customers to commerce on future value actions with out expiration, and account for about 75% of all crypto quantity. Hyperliquid is a serious participant within the fast-growing section, processing $275 billion in buying and selling quantity final month, TokenTerminal knowledge reveals.
MetaMask’s model features a redesigned cellular app, zero swap charges and one-click funding throughout EVM-compatible chains, the press launch stated.
MetaMask token coming
MetaMask stated it is going to additionally debut by the tip of this month a points-based rewards program tied to consumer exercise, main as much as its long-anticipated token launch.
This system will span buying and selling, referrals and use of the MetaMask card, with rewards together with price reductions and token allocations. Within the first section, the agency allotted $30 million in native token of Linea, the Ethereum layer-2 community additionally developed by Consensys. These factors, in addition to future will ultimately connect with the upcoming token now within the works.
The newest plans comply with MetaMask launching its bespoke MetaMask USD (MUSD) stablecoin with Stripe’s Bridge and M0. The token surpassed $100 million in provide in a month.
Learn extra: MetaMask Confirms $30M Rewards Program, Hyperlinks to Future Token
