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MetaMask Adds Support for Hyperliquid Swaps, Eyes Polymarket Integration
Yahoo Financeยท2025-10-08 16:19

Core Insights - MetaMask has integrated native support for Hyperliquid, enhancing user access to decentralized trading of perpetual futures [1][2] - The trading volume for perpetual futures on decentralized exchanges reached an all-time high of $765 billion in August, indicating a growing trend in the market [2] - Hyperliquid's HYPE token has seen a significant price increase of 76% year-to-date, rising from $26.19 in January to $46.12 [3] Company Developments - MetaMask plans to integrate Polymarket, a prediction-market platform, later this year, following a $2 billion deal with the owner of the New York Stock Exchange [3] - The company is also preparing to release a token and implement a seasonal points system, allowing users to earn points for rewards, including native tokens for Linea, an Ethereum layer-2 network [4] Industry Trends - Centralized exchanges like Binance and OKX still dominate the perpetual futures market, but decentralized platforms are gradually gaining traction, with Hyperliquid leading this shift [2] - MetaMask's expansion beyond Ethereum includes support for Bitcoin and Solana, reflecting the wallet's adaptation to industry trends since its launch in 2016 [3]