Overview
- MetaMask Perps is live on mobile, offering non‑custodial trading on 150+ tokens with up to 40× leverage, instant execution, one‑click EVM funding and no swap fees for perps.
- An exclusive Polymarket integration is slated for later in 2025, with access blocked in the US, UK, France, Singapore, Poland, Thailand, Australia, Belgium, Taiwan and Ontario, Canada.
- MetaMask will launch a seasonal Rewards program by the end of October, allocating $30 million in Linea tokens and offering benefits such as fee discounts and points boosts.
- Consensys has confirmed a MASK token is in development, with Rewards designed to connect user activity to future platform incentives.
- The move taps surging decentralized perps volumes and Hyperliquid’s leading activity, while community voices flag risks around 40× leverage and the reliability of mobile-first execution.