DeFi users can now execute futures long and short positions on Hyperliquid through their Metalmark wallets. This is courtesy of a recently announced Metalmark integration with Hyperliquid.
Hyerliquid recently confirmed that users can now execute perpetual trades directly through Metalmark. This was on account of the recent surge in crypto perps in the market.
The announcement means users can execute leveraged long and short positions on Hyperliquid directly through their Metamask wallets.
The announcement also reflected Hyperliquid’s deeper push into the decentralized Finance (DEFI) segment.
Hyperliquid’s decision to facilitate perps trades directly through Metalmark highlights the DEX’s push towards more access.
The move also emphasizes a safer approach for Metalmark users since they can access perps directly within the Metalmark ecosystem.
The move highlighted MetaMask’s push towards more accessibility in the segment. It also underscored Hyperliquid’s growing role in the crypto segment, especially in boosting access to perps within decentralized ecosystems. The announcement also highlighted a milestone moment for the parties involved.
Hyperliquid Liquidations Cross Yet Another Milestone
Hyperliquid’s push towards Metaplanet integration also highlighted the surging demand for perps in the decentralized crypto segment.
Cryptocurrencies such as Bitcoin have been pushing to new historic highs, but this has also triggered higher open interest.
Consequently, top coins such as Bitcoin were more prone to leverage-induced volatility.
This is because higher prices also invite more confidence, and depending on the level of profitability, this may either encourage more leveraged longs or short positions.
Liquidations are usually higher during the exciting periods of the market. This appeared to be the case recently as cryptocurrencies such as Bitcoin and BNB pushed to new historic highs.
According to the latest market data, total liquidations on Hyperliquid have so far exceeded $75 billion.
Interestingly, Hyperliquid has been around since 2023, meaning the liquidations occurred within the last 2 years. Interestingly, a significant amount of those liquidations occurred recently.
The data revealed that Bitcoin accounted for a higher percentage of liquidations, followed by Ethereum.
BTC accounted for about $11 million worth of liquidations on Monday, while Ethereum liquidations surged to slightly above $8 million during the same session.
Hyperliquid (HYPE) Achieves Key Milestone
The latest market data on liquidations and Hyperliquid’s expanded efforts in the perps segment highlighted its growing influence.
These developments also warranted a look at how Hyperliquid’s native cryptocurrency HYPE has been faring amid the rapidly expanding adoption of its native network.
As far as price action was concerned, Hyperliquid maintained a healthy 384% premium from its lowest price point in 2025.
However, it was worth noting that the cryptocurrency traded at a 21% discount from its year-to-date high at its $46 press time price tag.
The latest HYPE price action underscored a rather contrasting outcome compared to some top coins, including Bitcoin, which have been pushing into new highs.
Nevertheless, Hyperliquid has been gaining ranks among crypto protocols largely due to its growing popularity in the perps segment. This consequently cast the spotlight on the HYPE crypto.
An outcome that has also attracted mainstream attention to the network’s advantage. HYPE has been gaining visibility at the institutional level.
One of the biggest examples of this was the announcement that it was one of the 50 cryptocurrencies that made the cut in the recently announced S&P Digital Markets 50 Index.
HYPE crypto’s entry into the index marked a major milestone. It meant that the cryptocurrency was more likely to attract institutional investment through the index.
It also signaled the possibility of HYPE ETFs further down the road.
Source: https://www.thecoinrepublic.com/2025/10/09/hyperliquid-to-facilitate-futures-trading-through-metamask/
