MetaMask appears to be preparing a major update to its mobile wallet that could allow users to trade perpetual futures directly inside the app.
Evidence from the project’s public GitHub repositories shows that developers have been building and testing an integration with Hyperliquid, a decentralized exchange famous for its derivatives products.
MetaMask Repo Shows Updates to Perpetual Trading Feature
Notably, the activity dates back to July 2025 and has intensified in recent weeks. This indicates that the feature is heading toward release. Nonetheless, as of this press, there has been no official confirmation.
The first indication emerged in July when MetaMask merged code that introduced perpetual trading functions into the mobile application. Developers created a dedicated section for perpetual contracts and tied it to Hyperliquid’s trading infrastructure.
Interestingly, one of the updates added a deposit system that let users fund a trading account with USDC. This had features such as minimum thresholds, a token selector, and real-time gas fee estimates.
Meanwhile, another update enabled order creation, allowing traders to set up market and limit positions. By the end of that month, the team had merged a new navigation tab specifically for perpetuals, which organized positions, balances, and market lists into a single interface.
Testing Began in August
After those features appeared in the codebase, the first round of practical testing began in August. Specifically, testers flagged problems with the deposit function, noting that transactions failed regardless of which token they used. This was the beginning of a wave of bug reports, the natural phase that follows major feature development.
By early September, testers were stress-testing the new trading experience in greater detail. Reports highlighted delays in loading token lists, miscalculated profit-and-loss displays, inaccurate transaction time displays, and occasional glitches when opening and closing positions.
Importantly, these issues revealed that MetaMask had already moved the integration into a stage where real trading flows were being tested within the mobile app environment.
The most intense activity came recently, in mid-September, as the development team labeled several of the builds as release candidates. A flood of bug reports came up, covering problems such as duplicate entries for trades.
An Imminent Launch?
For the average MetaMask user, this development indicates a potential expansion of what the wallet can do. Today, trading perpetual futures typically requires visiting an exchange platform, connecting a wallet, and moving through separate interfaces.
If MetaMask finalizes this update, users could deposit stablecoins and open leveraged positions without leaving the app. While this convenience may attract advanced traders, some market participants have called attention to potential risks from slow loading times. The integration is not yet live for all users, but the pace of testing suggests a broader rollout could arrive soon.
Notably, the updates come amid the recent confirmation from Consensys CEO Joseph Lubin that MetaMask could be looking to launch its token MASK. Recall that the wallet announced its proprietary stablecoin MetaMask USD (mUSD) just last month.
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