Kwenta vs MetaMask Comparison
| 0.25% - 0.3% | Fees | Depends on integrated perp provider (avg 0.02–0.06%) |
Kwenta
vs
MetaMaskWinner
Pros & Cons
Pros
- Access to synthetic perpetuals from the Synthetix ecosystem
- More than 40 tracked assets
- Existing trading functionality retained during the transition
- Low network fees on Optimism
Cons
- No longer a standalone project — acquired by Synthetix
- The native token is set to cease to exist
- Fees of 0.25% to 0.3% per trade, far above the segment norm
- Not a sensible candidate for a fresh start
- No EU authorisation
Pros
- Perpetual trading without leaving the MetaMask wallet
- Execution through the Hyperliquid order book
- Fee openly disclosed, no hidden spread
- One-click funding from various EVM chains
- Self-custody, no KYC
Cons
- 0.1% builder fee on top of the executing order book's own fee
- Trading directly on Hyperliquid is noticeably cheaper
- No EU authorisation
- Blocked in several countries including the US and the UK
Score Comparison
3.8Usability4.4
3.5Features4.0
3.0Fees3.8
3.6Stability4.5
3.2Support3.6
Features
- Acquisition by Synthetix
- Token wind-down announced
- Synthetic perpetuals on Optimism
- Trading still possible during the transition
- Out of beta since April 2026
- One-click funding from any EVM chain
- Transparently disclosed additional fee
- Leverage up to 50x
Details
KwentaMetaMask
| Synthetix (acquired Kwenta) | Company | Consensys + integrated partners |
| Decentralised, no registered office | Headquarters | United States |