{"id":438389,"date":"2025-09-20T11:12:11","date_gmt":"2025-09-20T11:12:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/438389\/"},"modified":"2025-09-20T11:12:11","modified_gmt":"2025-09-20T11:12:11","slug":"metamask-token-will-come-sooner-confirms-consensys-founder","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/438389\/","title":{"rendered":"Metamask token \u2018will come sooner,\u2019 confirms Consensys founder"},"content":{"rendered":"

\t\t\t\t\t\t\t\tKey Takeaways<\/strong>
\nWhy does Consensys plan to issue the MetaMask token?\u00a0<\/p>\n

Joseph Lubin, founder of Consensys, confirmed that Metamask will issue a token to drive the wallet\u2019s DeFi initiatives.\u00a0<\/p>\n

When will the MetaMask token go live?\u00a0<\/p>\n

Lubin didn\u2019t share more details on the timeline and tokenomics<\/p>\n

The Ethereum [ETH<\/a>]-focused wallet, MetaMask, will issue a token, according to Joseph Lubin, Founder of Consensys, the firm behind the wallet. <\/p>\n

In a recent interview, Lubin said the token will help the platform drive its DeFi strategy.\u00a0He said<\/a>,\u00a0<\/p>\n

\n

\u201cThe MASK token is coming. It may come sooner than you\u2019d expect right now. It\u2019s significantly related to the decentralization of certain aspects of the Metamask platform.\u201d<\/p>\n<\/blockquote>\n

MetaMask challenges and growth<\/strong><\/p>\n

MetaMask has seen massive growth despite legal hiccups. In mid-2024, the previous SEC charged Consensys with offering unregistered securities through the wallet.\u00a0<\/p>\n

Additionally, the regulator claimed MetaMask swaps and staking offerings made the platform an unregistered broker. But in 2025, the case was dismissed<\/a>, allowing the platform to focus on building.\u00a0<\/p>\n

As of September, the platform has handled<\/a> over $2 billion in Cumulative Volume across Ethereum, Binance Coin [BNB]<\/a>\u00a0chain, and most of the L2s.\u00a0<\/p>\n

Additionally, its Cumulative Revenue has nearly tripled since 2024 to nearly $160 million.<\/p>\n

\"Metamask<\/a><\/p>\n

Source: DeFiLlama<\/p>\n

Collectively, the growth underscores its traction amid new offerings, in part from its swaps and staking services.<\/p>\n

New products drive expansion<\/strong><\/p>\n

In September, the wallet launched its stablecoin, mUSD, redeemable 1:1 to the U.S. dollar for its users. In just three weeks, the mUSD market cap has grown to $60 million, according to data<\/a> from Coingecko.<\/p>\n

The wallet also plans<\/a> to support perpetual markets driven by Hyperliquid [HYPE]<\/a>, underscoring growth and expansion.<\/p>\n

However, in terms of overall crypto wallet trading volume, MetaMask ranked<\/a> fifth, with Binance and OKX wallets leading the segment.\u00a0<\/p>\n

\"Metamask<\/a><\/p>\n

Source: Dune<\/p>\n

Interestingly, MetaMask topped the list around May but has since dropped amid intense competition from Rabby, Phantom and others.<\/p>\n

MASK launch odds shift<\/strong><\/p>\n

That said, the more details on the upcoming Metamask token and timeline were not yet public as of press time.\u00a0<\/p>\n

However, the market was pricing a 43% chance of the token being launched by 2025, per Polymarket data<\/a>.<\/p>\n

\"Metamask<\/a><\/p>\n

Polymarket<\/p>\n

The odds surged nearly to 65% after Lubin\u2019s update, but dropped below 50% afterward.<\/p>\n

Worth pointing out that most platforms with upcoming tokens always have point farming to encourage community participation and reward early users via airdrops.<\/p>\n

At the time of writing, there was no public point-based system for MetaMask. The odds of the token launch will likely increase if such a system is announced by the wallet.<\/p>\n

Meanwhile, Lubin, also a co-founder of Ethereum, expressed caution regarding the Base token<\/a>. He warned that it could impact ETH, particularly if the Layer 2 network decides to diverge from the Ethereum mainnet.<\/p>\n

\t\t\t\t\t\t\t\t\t\t\tPrevious: Bitcoin\u2019s exchange outflows surge 347% \u2013 Will BTC prices react?<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n

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