Introducing MetaMask Perps

Trade, earn, repeat.

3 minutes
Introducing MetaMask Perps
Perps trading is live on MetaMask mobile, powered by Hyperliquid. Our faster, newly redesigned mobile experience is built for traders, so you can open a perps position in seconds. 
Fund your perps account with any token on any EVM chain, and go long or short on 150+ tokens right from your mobile device. No centralized exchanges or separate dapp connections needed. 

To get started, update your MetaMask mobile app and tap the Perps tab.

What are perps

Perpetual futures contracts are a kind of crypto derivative that lets you take leveraged long or short exposure to a token’s price, without expiry. Open a long position if you think a token’s price will go up, or a short position if you think a token's price will go down. Unlike traditional futures, your positions can be held open and don’t have an expiration date, offering flexibility for both quick trades and longer-term holding strategies.
With MetaMask Perps, you can trade with up to 40x leverage, and easily fund a perps account with any EVM token. Go long or short on 150+ tokens (like ETH, BTC, LINEA, XPL, and BONK) in just a few seconds. Open your position, confirm, done. 

Why trade perps on MetaMask

1. Lightning-fast trading
In perps trading, speed is everything and prices move quickly. MetaMask’s redesigned trading experience means trades settle in seconds, so you can act on opportunities as they happen.
2. Total control over your funds
Instant access to your funds matters as much as speed. With MetaMask, you’re always in full control of your assets. Easily set-up limit orders, stop losses, and take-profit levels. There are no custodial risks. Your wallet, your control, your trades.
3. Easy funding with any EVM token
Use any EVM-compatible token to deposit funds into your perps account, and it will automatically be swapped to USDC in seconds so you can place your trade. No complicated steps, no bridges, no extra apps, no additional fees.
4. Real-time market intel
Always stay in the know with market moves via live trading charts, and take profit/stop loss push notifications. 

How to trade perps on MetaMask

You can trade perps on MetaMask mobile in the Perps tab, via the homescreen. Tap the Perps tab. Then, tap Start trading
1. Add funds to your perps account
Choose any EVM token (ETH, mUSD, BNB, USDC, USDT, etc) on any chain to fund your perps account, and it will automatically be swapped to USDC, with no MetaMask swap fees.
2. Open a position
Select a token, choose long or short, and adjust settings like leverage, funding source, take profit, and stop loss. Tap Confirm to execute your trade.
3. Track your position
Monitor performance with live charts, plus real-time push notification updates, so you can stay ahead of market moves.
4. Close anytime
Tap on your position in the Perps tab in the home screen. Then, tap Close position. Your margin, which includes profits or losses, is settled back into your account.
Ready to get started? Update MetaMask mobile app to version 7.56 or later on iOS or Android, and open your first perps trade in seconds. 
Looking for more help? We got you. Head to our MetaMask Perps Support hub. 

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