MetaMask is taking a significant step forward in the decentralized finance (DeFi) space by integrating perpetual contracts trading into its mobile application. This new feature, developed in collaboration with Hyperliquid, allows users to engage in advanced trading directly from their wallets. The report highlights positive developments indicating that this integration could enhance user experience and broaden access to DeFi trading opportunities.
MetaMask Integrates Perpetual Contracts
With the integration of perpetual contracts, MetaMask users can now trade over 150 tokens with leverage of up to 40x, eliminating the need for centralized exchanges. This shift not only enhances the functionality of crypto wallets but also transforms them into comprehensive trading platforms.
New Trading Tools in MetaMask
The new trading tools available in MetaMask include:
- Limit orders
- Stop loss
- Take profit features
which are commonly found on major exchanges like Binance. This development positions MetaMask as a versatile financial platform, further promoting the adoption of decentralized finance solutions among users.
Coinbase recently launched the Base Wallet, a self-custodial wallet aimed at enhancing user experience in the blockchain space. This development contrasts with MetaMask's new trading features, highlighting the evolving landscape of decentralized finance. For more details, see Base Wallet.
