Polymarket announced the rollout of deposits and withdrawals via Hyperliquid, a decentralized perpetuals exchange. This integration allows users to seamlessly transfer funds between the two platforms, enabling faster liquidity access for prediction market trading.
Hyperliquid’s high-speed infrastructure handling up to 100,000 orders per second complements Polymarket’s on-chain betting on events like elections, sports, and economic outcomes.
Instant transfers: No bridging delays; users can deposit/withdraw USDC directly. Leverages Hyperliquid’s efficient fee structure, avoiding high Polygon or Ethereum gas fees.
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Traders can move capital quickly from perps trading on Hyperliquid to Polymarket’s markets, where September 2025 volumes hit $1.43 billion. This move aligns with Polymarket’s push into traditional finance, including a new “Finance” tab for trading equities, earnings, indices, commodities, IPOs, rates, and treasuries—resolved via sources like The Wall Street Journal and Nasdaq.
Recent X discussions highlight its potential for “pricing narratives before headlines,” with markets like a 93% odds on a 25bps Fed rate cut in October or 45% on a Ukraine-Russia ceasefire by end-2026.
MetaMask Announces Exclusive Polymarket Integration
Just one day prior, on October 13, 2025, MetaMask revealed an exclusive partnership to embed Polymarket directly into its wallet app, launching later in 2025. This allows users to buy/sell “shares” in prediction markets—betting on real-world events—without leaving the self-custodial interface.
Trade politics, sports, crypto prices, or corporate earnings on-chain, fully decentralized. Integrates with MetaMask’s new seasonal points system, where users earn rewards for swaps, perps trades, referrals, and soon, Polymarket activity—redeemable for Linea tokens or other incentives.
Available in most regions, excluding the US, UK, France, Singapore, Poland, Thailand, Australia, Belgium, Taiwan, and Ontario, Canada, due to regulatory hurdles.
This follows MetaMask’s Hyperliquid perps launch on the same day, positioning the wallet as a one-stop DeFi hub. Polymarket’s $9 billion valuation post-$2B investment from Intercontinental Exchange, NYSE’s parent underscores the hype, with X users calling it a “default wallet feature for degen bets.”
These developments supercharge Polymarket’s ecosystem: Hyperliquid boosts on-ramp speed, while MetaMask with 30M+ monthly users drives mainstream adoption. Hyperliquid’s order speed refers to its ability to process up to 100,000 orders per second on its decentralized perpetual futures exchange.
This high throughput is driven by its layer-1 blockchain, optimized for low-latency trading. Unlike traditional exchanges or slower blockchains like Ethereum mainnet at ~15 transactions per second, Hyperliquid uses a custom architecture with off-chain order matching and on-chain settlement.
This allows rapid execution of trades, such as opening/closing perpetual contracts or transferring funds. Centralized order book in a decentralized framework: Off-chain matching engine processes orders instantly, with blockchain finality for security.
Built for high-frequency trading, minimizing delays even during volatile market conditions. Handles thousands of users simultaneously, critical for liquid markets like perps or Polymarket’s prediction contracts.
For context, centralized exchanges like Binance peak at ~1.4M orders per second, but Hyperliquid’s 100,000 orders/sec is unmatched in DeFi, making it ideal for fast fund transfers and high-volume trading.
This speed ensures users can capitalize on fleeting market opportunities, like Polymarket’s real-time odds shifts. Expect surged volumes—Polymarket already rivals centralized platforms like Kalshi $2.74B monthly. For traders, it’s a signal aggregator: Odds often lead news like election forecasts in 2024 proved prescient.
Crypto Market Rebound and Goes Down, Whale Shorts Unwind Amid Fed’s Dovish Tilt
The cryptocurrency market is showing signs of recovery today, with Bitcoin (BTC) climbing back above $112,000—a roughly 0.5% gain in the last 24 hours—following a volatile week sparked by U.S.-China trade tensions.
Ethereum (ETH) and Solana (SOL) are outperforming, up 3.3% and 3.7% respectively, as broader risk appetite returns. Total crypto market cap has edged up 2.1% to $3.87 trillion, per CoinMarketCap data, driven by two key developments.
A major Bitcoin whale unwinding its bearish bets and Federal Reserve Chair Jerome Powell signaling a potential pause in monetary tightening.
From Short Profits to Potential Longs A notorious Satoshi-era Bitcoin whale—known on-chain as “1011short” or the “Trump Insider Whale”—has fully closed a massive short position on BTC, locking in approximately $197 million in profits.
This move comes just days after the same entity reportedly netted $192 million by shorting BTC and ETH minutes before President Trump’s October 10 announcement of 100% tariffs on Chinese imports, which triggered a 17% BTC crash and $19.5 billion in liquidations.
The whale executed the original $1.1 billion short leveraged 10x on Hyperliquid, a decentralized perpetuals exchange on ~1,300 BTC equivalent at ~$123,000 per BTC. Post-crash, it closed 90% of the BTC leg and the full ETH position for the $192M haul.
Today’s full unwind of remaining shorts adds another ~$5M in gains, per Arkham Intelligence and Lookonchain trackers. Immediately after, the whale transferred $89 million in USDC to Binance, boosting BTC open interest there by $510 million.
This has sparked speculation of a shift to long positions or hedging, as the whale still holds ~49,634 BTC worth $5.43 billion. Whale short-covering has alleviated immediate downside pressure, with BTC’s long/short ratio flipping to 1.01 longs now dominate at 50.1%.
Historically, this trader’s timing—linked to macro events like tariffs—has amplified volatility, but the close aligns with easing U.S.-China rhetoric, Treasury Secretary Scott Bessent noting tariffs “don’t have to happen” and a scheduled Trump-Xi meeting.
On X, traders are buzzing: “We’re back, send it ” echoed posts from @BTC_Archive tying the unwind to de-escalating trade fears. This has fueled a short-term bounce, though some warn of renewed shorts if talks falter.
Powell indicated the Fed’s quantitative tightening (QT) program—ongoing since mid-2022 to shrink its $6+ trillion balance sheet—may conclude “in coming months.” QT has drained ~$1.7 trillion in liquidity by letting bonds mature without reinvestment, pressuring risk assets like crypto.
We may approach that point… when reserves are somewhat above the level we judge consistent with ample reserve conditions.” Powell cited emerging liquidity strains but emphasized a “deliberately cautious approach” to avoid 2019-style market stress.
He also noted U.S. growth is “on a somewhat firmer trajectory” than expected, despite a softening labor market, leaving room for further rate cuts if inflation cools.
Ending QT halts liquidity shrinkage, effectively mimicking quantitative easing (QE) by stabilizing dollar supply. Analysts like YT Jia call it a “macro turning point,” potentially boosting BTC as a liquidity proxy—similar to 2021’s QE-fueled rally.
With the Fed eyeing a 25 bps cut at the October 28-29 FOMC 99% probability per CME FedWatch, this dovish pivot could amplify ETF inflows BlackRock’s IBIT just hit $100B AUM. Powell’s comments coincide with gold hitting an ATH above $4,200, underscoring a flight to “hard money” assets amid policy shifts.
These tailwinds—whale deleveraging, Fed liquidity hints, and trade thaw—point to a “parabolic Q4” for crypto, as one Fortune analyst put it. BTC could test $120K short-term if Oct 24 CPI shows cooling inflation (forecast: 2.3% YoY).
However, leverage remains high futures OI at $74B, and any tariff escalation could reverse gains. Altcoins like ETH and SOL may lead on improved liquidity, while DeFi and memecoins lag until sentiment fully flips.
Upcoming FOMC and PCE data (Oct 31) will clarify the easing path. For now, the market’s breathing easier—whales included.