MetaMask Just Opened the Door to Global Stock Perps Trading

• MetaMask Mobile now enables on-chain equity perpetual trading with leverage.
• The update expands MetaMask from a crypto wallet into a broader trading platform.

MetaMask is stepping into new territory as it now lets users trade perpetual contracts for global stocks directly through its mobile app. With this rollout, traders can go long or short on a wide range of assets, including well-known global stocks, while gaining access to leverage options that weren’t previously available in the wallet.

Bringing Equity Markets Into the MetaMask Wallet

This perpetual trading feature allows traders to open positions with up to 40x leverage, with funding possible using tokens from various EVM networks, which can then be converted into USDC for margin.

MetaMask, on the other hand, is beginning to introduce support for equity markets, including a selection of major American stocks that are already well-known to traders. Furthermore, users can monitor their positions in real-time, making any price changes much faster and easier to monitor.

Last October we reported that MetaMask had integrated Hyperliquid to enable seamless perpetual trading directly within the mobile app. At that time, users could access perps with USDC deposits, which were executed efficiently with instant transaction updates.

Additionally, MetaMask has introduced a new rewards system that awards points for swap activity, perps trading, and referrals. While the exact rewards haven’t been fully explained, this is clearly an added attraction for traders who want to be more active.

MetaMask Steps Into a Multi-Network Era With IOTA Integration

On the other hand, the MetaMask ecosystem is also growing through a slightly different path. Back in October, LiquidLink revealed its IOTA MetaMask Snap, a tool that lets MetaMask users hook into IOTA DApps and approve transactions natively.

Access to the IOTA network has become more convenient without the need for additional, complicated methods. While previously the wallet seemed focused on a single area, it has now expanded its reach and appears to be attempting to become a hub for multi-network activity.

From a user perspective, the perpetual stock trading feature in the self-custody wallet provides full control over assets. However, high leverage still carries the risk of rapid liquidation.