MetaMask launches mobile perpetual contract trading, supporting multiple assets including US stocks, and powered by Hyperliquid.
TL;DR
MetaMask introduces mobile perpetual contract trading powered by Hyperliquid, enabling users to trade over 150 tokens and US stocks with up to 40x leverage directly from their devices. The feature supports automatic conversion of EVM tokens to USDC for fast trades but is unavailable in the US, UK, and other restricted regions.
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According to Odaily Odaily, MetaMask has launched perpetual contract (Perps) trading on its mobile app, allowing trading of over 150 tokens, as well as select US stocks and other equity assets. The technology is powered by Hyperliquid. Users can directly open long or short positions on their mobile devices, with leverage up to 40x. Trading does not require connection to a centralized exchange or additional dApps.
MetaMask states that users can deposit any EVM chain token into their perpetual contract accounts, which will be automatically converted to USDC for faster order placement. Supported tokens include ETH, BTC, LINEA, XPL, BONK, etc., and supported US stocks include Nvidia (NVDA), Tesla (TSLA), Apple (AAPL), Microsoft (MSFT), Palantir, Robinhood, Circle, etc.
MetaMask claims its trading experience has been specifically redesigned to allow trades to be completed "within seconds," better suited to the high volatility of perpetual markets. Currently, this feature is not available in the United States, the United Kingdom, Belgium, Ontario, Canada, or countries subject to US sanctions. (Crowdfund Insider)