MetaMask Launches $30M Linea Token Rewards Program with Perp DEX
MetaMask Rewards has launched its first-season program, offering over $30 million in Linea token incentives across a 90-day period. Available exclusively on the mobile app, the MetaMask Rewards program lets users earn points by linking historical addresses, executing token swaps, cross-chain transfers and perpetual contract trades. Every $1,250 in past swaps or cross-chain activity yields 250 points (capped at 50,000 per address). Additional rewards include 10 points per $800 swap on the Linea network (2× points), 10 points per $100 in perpetual trading volume, and bonus points for referrals. The tiered system unlocks extra multipliers and fee discounts for up to 40× leverage via Hyperliquid’s Perp DEX. Traders should note that these Linea token rewards could boost network activity and signal the launch of a future native MetaMask token.
Bullish
The launch of MetaMask Rewards is bullish for Linea token as it introduces significant incentives to boost on-chain activity and trading volumes. In the short term, the point-based system and airdrop mechanics will likely drive increased swap, cross-chain and perpetual contract transactions on the Linea network. Higher trading volumes can enhance liquidity and attract more traders to Linea’s Perp DEX powered by Hyperliquid. In the long-term, successful engagement may support the launch and valuation of a native MetaMask token, reinforcing MetaMask’s evolution from a wallet to a crypto finance hub. Historical evidence shows that token incentive programs often lead to sustained growth in user activity and network value, suggesting a positive outlook for the Linea token.