With the continuous development of the cryptocurrency market, MetaMask, a leading self-custody Web3 wallet, is actively expanding its range of services. The latest news indicates that MetaMask plans to integrate Hyperliquid's perpetual contract trading feature into its wallet after launching its mUSD stablecoin. This move not only marks a significant expansion of MetaMask's functionality but could also have a profound impact on the entire Decentralized Finance (DeFi) ecosystem.

Hyperliquid, as a decentralized derivatives exchange, currently holds over 70% market share in the DeFi perpetual contract market. The choice of MetaMask to collaborate with such a powerful market participant will undoubtedly provide its users with richer trading options. This integration plan has been confirmed with code updates on MetaMask's GitHub and by ConsenSys CEO Joseph Lubin.

This cooperation may have various impacts on the DeFi market. Firstly, it may further enhance MetaMask's competitiveness and user stickiness in the Web3 wallet market. Secondly, by introducing perpetual contract trading to a broader user base, it may lead to a significant increase in trading volume within the DeFi sector. Finally, this initiative may also spark more attention and discussion in the industry regarding Hyperliquid's dominant position in the derivatives market.

As MetaMask continues to expand its functional boundaries, gradually evolving from a simple cryptocurrency wallet into a multifunctional DeFi platform, we can foresee that this will provide users with a more convenient and diversified experience in managing and trading crypto assets. At the same time, this also reflects that the DeFi ecosystem is developing towards a more mature and完善 direction.

However, we should also pay attention to the fact that with the increase in functionalities, users' security and privacy protection will face new challenges. How MetaMask ensures the security of user assets while providing rich features will be a key issue that needs to be focused on in its future development.

Overall, the collaboration between MetaMask and Hyperliquid is not only an important step in the strategic development of the two companies, but also a significant milestone in the development of the entire Decentralized Finance ecosystem. It signifies that the Decentralized Finance market may usher in a new wave of innovation, bringing users a more diversified and convenient financial service experience.