Binance Wallet Eats MetaMask’s Lunch and Asks for Dessert: 3 Reasons Why

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Picture MetaMask, cool, confident, and perhaps slightly distracted, walking down the street with that “I-once-invented-the-future” swagger. Then, entirely uninvited, Binance Wallet jumps out from behind a nearby hedge, whips out the equivalent of a blockchain megaphone, and proceeds to turn the cryptoscape upside down—while everyone else is still rinsing the meme coins out of their hair.

“MetaMask Killer” or Just Hungry? Binance Wallet Goes Full Godzilla

Enter Dovey Wan of Primitive Ventures, who watched Binance Wallet do what only the rudest houseguests do: crash the party, eat MetaMask’s canapés, polish off OKX’s wine, and leave quietly with 80% of the DEX market share… per week. That’s 4.3 million new users every week—so many new crypto enthusiasts, you’d think someone was giving out free toasters. 🥳

Nobody on CT is talking about this, but Binance Wallet quietly became the global level MetaMask killer, ate the whole lunch of OKX wallet after its prolonged shutdown. Its market share just rips after launching of the alpha program, turned the wallet into a meme farming engine +…

— Dovey “Rug the fiat” Wan (hiring) (@DoveyWan) May 14, 2025

Let’s appreciate the poetry: while MetaMask was busy explaining blockchains at dinner parties and OKX was off napping, Binance Wallet basically staged a heist and added “global heavyweight champion” to its Twitter bio. (If it had one. Wallets are not people, sadly.)

Need a refresher? MetaMask was the gateway to self-custody, beloved by millions, ConsenSys’s pride and joy, famous as a sacred bridge to decentralized realms (and as something you accidentally closed while trying to stake DoodadCoin). That is, until Binance Wallet’s alpha program was rolled out, a near-mythical event that combined airdrops, activity points, and every meme coin addict’s wildest dreams. Suddenly, “self-custody” meant “maybe win some free stuff and make chart patterns out of frog emojis.” 🐸

Is This the Dawning of the Age of Web2.5, or Just a Very Bizarre Tuesday?

A built-in yield feature apparently sealed the deal, provoking the kind of FOMO not seen since someone suggested “buying avocado toast with Bitcoin.” Critics grumbled that this was hardly a fair contest. “KYC in my wallet? What is this, the apocalypse?” some wailed, as Binance Wallet calmly used TrustWallet’s gears to siphon liquidity like a thirsty hamster at a water bottle.

And so, as Wan cheekily observed, Binance Wallet managed to “do everything a great Web2.5 player should” (except, you know, maintain that sacred decentralized vibe crypto folks love to tweet about). It’s less “sticking to the ethos” and more, “sorry, ethos, you weren’t invited to this party.”

Net result? Binance Wallet proves there’s no party too exclusive to crash—especially if you bring the airdrops. 🪂🍕

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2025-05-14 20:34