A selection of US stock and other equity markets are now reportedly available to go long or short on MetaMask mobile. Perps trading is currently said to be live on MetaMask mobile, and it is reportedly being powered by Hyperliquid. Their redesigned mobile experience is built for traders, so clients are now able to open a perps position in “seconds.”
MetaMask also stated that it is possible now to fund your perps account with any token on any EVM chain, and then choose to either “go long or short on 150+ tokens as well as a selection of US stock and other equity markets right from your mobile device.”
As clarified in the update from MetaMask, there is “no centralized exchanges or separate dapp connections needed.”
As explained in the announcement, perpetual futures contracts are a kind of derivative that “lets you take leveraged long or short exposure to an asset’s price, without expiry.”
The update further noted that these assets could “be crypto tokens, equities, or anything else that has a market.”
Investors and traders may now “open a long position if they think an asset’s price will go up, or a short position if they think it will go down.”
And unlike traditional futures, their positions can “be held open and don’t have an expiration date, offering flexibility for quick trades and longer-term holding strategies.”
With MetaMask Perps, clients can trade with “up to 40x leverage, and easily fund a perps account with any EVM token.”
It is possible now to go “long or short on 150+ tokens (like ETH, BTC, LINEA, XPL, and BONK) as well as a number of US stocks and other equities in just a few seconds.”
Currently supported stocks include the following: Nvidia (NVDA), Tesla (TSLA), Apple (AAPL), Microsoft (MSFT), Palantir Technologies (PLTR), Robinhood Markets (HOOD), Circle Internet Financial (CRCL), others.
According to the update from MetaMask, in perps trading, speed is everything and “prices move quickly.”
MetaMask’s redesigned trading experience reportedly means “trades settle in seconds, so you can act on opportunities as they happen.”
Traders are reportedly able to use any EVM-compatible token “to deposit funds into their perps account, and it will automatically be swapped to USDC so that clients can place their trade.”
As clarified in the update from MetaMask, perpetual trading is currently “not available to users in the following regions: US, UK, Ontario (Canada), Belgium and countries on the US sanctions list.”
