The legacy Ethereum wallet by Consensys is teaming up with the largest onchain prediction market.
The prediction market race and wallet wars are becoming intertwined, with Consensys’ crypto wallet, Metamask, partnering with Polymarket to integrate decentralized prediction market trading.
The integration was teased in Metamask’s blog post on Oct. 8, which unveiled in-app perpetual futures and an upcoming rewards program; however, the prediction market portion of the announcement is gaining traction today after Metamask posted about it on X.
The activation comes as leading wallet providers such as Metamask, Phantom, and Rabby have recently begun offering abstracted access to decentralized finance (DeFi) products such as perpetual futures via Hyperliquid. The movement marks a shift away from wallets being used strictly as self-custody apps toward all-in-one DeFi hubs.
Prediction markets are one of crypto’s hottest sectors heading into Q4, with cumulative prediction market volumes approaching their November 2024 highs, which were propelled by the U.S. presidential election.
Cumulative Prediction Market Volume – Dune AnalyticsThe increased volume is potentially due to increased speculation surrounding a Polymarket token, dubbed $POLY by the prediction market’s founder, Shayne Coplan.
Source: https://thedefiant.io/news/defi/metamask-to-integrate-polymarket
