Metamask token ‘will come sooner,’ confirms Consensys founder
Key Takeaways
Why does Consensys plan to problem the MetaMask token?
Joseph Lubin, founding father of Consensys, confirmed that Metamask will problem a token to drive the pockets’s DeFi initiatives.
When will the MetaMask token go stay?
Lubin didn’t share extra particulars on the timeline and tokenomics
The Ethereum [ETH]-focused pockets, MetaMask, will problem a token, in accordance with Joseph Lubin, Founding father of Consensys, the agency behind the pockets.
In a latest interview, Lubin stated the token will assist the platform drive its DeFi technique. He said,
“The MASK token is coming. It might come before you’d anticipate proper now. It’s considerably associated to the decentralization of sure facets of the Metamask platform.”
MetaMask challenges and development
MetaMask has seen huge development regardless of authorized hiccups. In mid-2024, the earlier SEC charged Consensys with providing unregistered securities via the pockets.
Moreover, the regulator claimed MetaMask swaps and staking choices made the platform an unregistered dealer. However in 2025, the case was dismissed, permitting the platform to deal with constructing.
As of September, the platform has handled over $2 billion in Cumulative Quantity throughout Ethereum, Binance Coin [BNB] chain, and many of the L2s.
Moreover, its Cumulative Income has almost tripled since 2024 to almost $160 million.
Supply: DeFiLlama
Collectively, the expansion underscores its traction amid new choices, partly from its swaps and staking providers.
New merchandise drive enlargement
In September, the pockets launched its stablecoin, mUSD, redeemable 1:1 to the U.S. greenback for its customers. In simply three weeks, the mUSD market cap has grown to $60 million, in accordance with data from Coingecko.
The pockets additionally plans to assist perpetual markets pushed by Hyperliquid [HYPE], underscoring development and enlargement.
Nonetheless, when it comes to total crypto pockets buying and selling quantity, MetaMask ranked fifth, with Binance and OKX wallets main the section.
Supply: Dune
Curiously, MetaMask topped the checklist round Might however has since dropped amid intense competitors from Rabby, Phantom and others.
MASK launch odds shift
That stated, the extra particulars on the upcoming Metamask token and timeline weren’t but public as of press time.
Nonetheless, the market was pricing a 43% likelihood of the token being launched by 2025, per Polymarket data.
Polymarket
The chances surged almost to 65% after Lubin’s replace, however dropped beneath 50% afterward.
Value declaring that almost all platforms with upcoming tokens all the time have level farming to encourage neighborhood participation and reward early customers through airdrops.
On the time of writing, there was no public point-based system for MetaMask. The chances of the token launch will doubtless improve if such a system is introduced by the pockets.
In the meantime, Lubin, additionally a co-founder of Ethereum, expressed warning relating to the Base token. He warned that it might influence ETH, significantly if the Layer 2 community decides to diverge from the Ethereum mainnet.
