$MASK has made its biggest update yet. The popular crypto wallet has added perpetual futures trading (Perps) inside its mobile app using Hyperliquid.
It has also announced a rewards program, which could lead to the long-awaited MetaMask Airdrop.
With $30M+ in rewards, up to 40x leverage trading, and a new integration with Polymarket coming soon, MetaMask Perpetual Trading launch is turning into a complete DeFi platform — not just a wallet.
On October 8, 2025, its mobile app started offering perpetual contract (Perps) trading directly inside the app. It makes up about 75% of all crypto trading, but earlier they were mostly available on centralized exchanges.

Source: WatcherGuru X Account
Now, the platform has teamed up with Hyperliquid, a top decentralized exchange, to make this available to everyone with full control over their assets.
The updated app includes:
Faster speed and low delays
One-click funding from any EVM chain
Zero swap fees on perps
Complete control over your funds (self-custody)
This comes at a time when DEX MetaMask perps trading reached $765 billion in volume in August 2025, showing how quickly decentralized trading is growing.
“We’ve entered the Mobile era. Perps are live. MetaMask Airdrop Rewards are on the way. And… we’ll soon be launching an exclusive Polymarket integration.”

Source: MetaMask.ETH X Account
The rewards program starts by the end of October. The program runs in three-month Seasons, and early users can earn different rewards.
Season 1 rewards include:
Over $30M in $LINEA token rewards
Trading fee discounts and priority support
Extra point boosts for some activities
Free Metal Card for one year
The points you earn in Season 1 will carry over to the next season. This will give you even more benefits as the platform brings in its own token.
Key Takeaway: Joining early in Season 1 may help users benefit more from future airdrop opportunities.
MetaMask perpetual Trading futures on mobile app is easy. Just follow these steps:
Restart your browser or go to Settings → Check for updates.
Download the latest version to get the new perpetual feature.
Choose the crypto you want to trade.
Go long if you think the price will go up, or short if you think it will go down.
Choose how much leverage you want (up to 40x). Always remember more leverage means more risk as well as higher profit potential.
Make your trade through Hyperliquid inside the official app.
Watch your profit and loss in real time.
Close the trade anytime to collect profits or limit your losses.
The polymarket integration will allow users to trade on real-world events directly from the app. This means you will be able to bet on things like elections or major news events using your wallet.
This move along with Perpetual trading launch shows the platform's long term future. It is changing how people use DeFi by giving powerful trading and earning tools inside a single trusted application.
The MetaMask perpetual trading launch, rewards, and Polymarket integration shows that it is becoming a powerful DeFi super app.
For users, this is not just a casual pers trading news — it could be the beginning of the much awaited airdrop.
Update your mobile app now, try perps trading, and start collecting points before Season 1 ends. This could be your chance to be early in the next big wave of DeFi.
Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.