Metamask is preparing for the embedding of perpetual futures that are traded in its interface by an integration with hyperliquid, according to newly surfaced code leaks on social media.
Updates about the Public Github repository of Metamask have unveiled a special tab “perceps” and deposits for USDC, indicating the addition of lever functions that are usually found on centralized exchanges.
The new functionality could open and manage users permanent positions via hyperliquid without ever leaving the wallet.
Potential rollout
The code contains details such as minimal deposit thresholds, previews of gas costs, slipping controls and mounting messages.
Test notes describe the possibility to start deposits in Metamask and to receive real -time status updates to the arrangement. Although no formal launch has been announced, the comments from developers indicate that the position could go live within a few weeks.
Many in the community expect that Metamask can reveal the integration on Token2049 in Singapore, where Hyperliquid is planned to organize an event.
Expansion of the market share
Hyperliquid has quickly become a heavyweight in derivatives since the launch last year.
According to Defillama data, the platform registered $ 383 billion in monthly trade volume and $ 106 million in income in August, an increase of 23% compared to the previous month. The income of annual annual amounts now $ 1.16 billion, with a total trading that surpasses $ 2.5 trillion.
Built on its own layer 1 blockchain, claims the infrastructure capacity of Hyperliquid for more than 200,000 orders per second. The system has gas-free transactions and fully on-chain settlement, designed to offer centralized performance at exchange level while retaining transparency.
The decentralized Perpetuals Exchange has also cultivated institutional tires, including guardianship services with Anchorage Digital and a partnership with Circle to implement the USDC Stablecoin Native on the network.
Hyperliquid has used lower costs and automation to quickly expand the presence of the market. From September onwards, the estimated 70% share of decentralized perpetuals will check.