MetaMask, one of the world’s most popular crypto wallets, is poised for a massive upgrade. New code discovered on GitHub reveals plans to integrate perpetual futures trading from the decentralized exchange (DEX) Hyperliquid directly into its platform.
This move signals a strategic shift for MetaMask from a simple wallet into a comprehensive DeFi trading hub, following the recent launch of its mUSD stablecoin.
From Wallet to Trading Terminal
The GitHub pull request shows developers are actively working on a feature that will allow users to deposit USDC directly from their MetaMask wallet to a Hyperliquid perpetuals trading account.
This integration would enable users to trade perpetual futures contracts without ever leaving the MetaMask interface. While the official rollout date is still unknown, crypto researcher Eric predicts an announcement could come within weeks, potentially at the Token 2049 conference.
He also speculates that MetaMask could launch a points campaign alongside the news, further fueling speculation around its confirmed plans for a native token.
A Major Win for Hyperliquid Adoption
This partnership is a huge endorsement for Hyperliquid. Being integrated into a wallet with tens of millions of users could expose its trading products to a massive new audience.
The timing is also significant. This news follows a major week for Hyperliquid, which just welcomed native USDC from Circle and received a public investment from the stablecoin issuer.
Could This Double Hyperliquid’s Volume?
The potential impact on trading volume is staggering. Market expert Ryan predicted in an X post that this integration could double Hyperliquid’s daily perpetuals volume.
The DEX currently handles between $8 billion and $10 billion in daily volume. If even a fraction of MetaMask’s vast user base participates, it could lead to a monumental surge in activity.
Ryan also suggested that such a massive inflow of traders could increase Bitcoin’s volatility and potentially contribute to higher prices across the crypto market.
A “Seismic Shift” for DeFi and CEXs
This move is more than a simple feature addition; it’s a fundamental evolution. Fund manager Ricardo Amatto called it a “seismic shift” from a crypto wallet to a full trading terminal.
By erasing the friction of moving funds between a wallet and an exchange, MetaMask is directly challenging centralized exchanges (CEXs). This development begs the question: could CEX liquidity soon start bleeding into self-custody wallets? This integration would mark a significant step towards a more seamless and powerful DeFi experience.
