MetaMask Token ‘Will Arrive Sooner Than You Think,’ Says Consensys Founder

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Key Takeaways

Why is Consensys finally going to issue a MetaMask token?

Joseph Lubin, the so-called ‘visionary’ behind Consensys, has confirmed that MetaMask will be rolling out a token to fuel its DeFi initiatives. Because, apparently, the world needed another token.

When is the MetaMask token going to launch?

Well, Lubin didn’t bother to drop any juicy details about when or how, but let’s be real-he hinted it’ll be sooner than you think. Can’t say we weren’t warned!

Yes, you heard that right. The Ethereum-centric MetaMask wallet is about to launch a token, according to Joseph Lubin, the mastermind at Consensys. In an interview that could barely contain the excitement, Lubin said:

“The MASK token is coming. It may come sooner than you’d expect right now. It’s significantly related to the decentralization of certain aspects of the MetaMask platform.”

MetaMask’s Struggles and Stunning Growth

Despite a few legal hiccups (okay, a bit more than a few), MetaMask is still cruising forward. In 2024, the SEC had a little tantrum, charging Consensys for allegedly offering unregistered securities through MetaMask. Imagine that!

But, as the universe tends to do, it all turned out just fine. In 2025, the case was dismissed, giving MetaMask the green light to continue building and innovating-or just keeping up with the competition. But let’s give credit where it’s due: since then, MetaMask has handled over $2 billion in cumulative volume across Ethereum, Binance Coin (BNB), and most Layer 2s.

Oh, and their revenue? It’s nearly tripled since 2024. So, clearly, the haters are eating their words now. Almost $160 million, thank you very much!

So, yeah. Big numbers, big moves. Guess the swaps and staking are working. But who’s counting?

New Products Fuel MetaMask’s Expansion

In a move that’s somehow both bold and completely expected, MetaMask launched its very own stablecoin, mUSD, in September. Because why not add one more thing to the mix? It’s redeemable 1:1 to the U.S. dollar (so, pretty much what every other stablecoin does), and, surprise surprise, it’s already hit a market cap of $60 million in just three weeks, according to Coingecko.

As if that wasn’t enough, MetaMask also plans to support perpetual markets via Hyperliquid (HYPE). So if you’re not feeling overwhelmed yet, just wait till the token drops.

Oh, but here’s a little spoiler: Despite the hype, MetaMask isn’t the number one crypto wallet by trading volume. That honor still belongs to Binance and OKX. But hey, MetaMask did lead for a hot second back in May, before being overtaken by newcomers like Rabby and Phantom.

For now, it’s holding on to that fifth-place spot, with a solid performance considering the competition. Not bad, not bad at all.

The MASK Token Launch Odds Are Shifting

So, when exactly will we see the fabled MetaMask token? Well, the market’s got its own thoughts on that. According to Polymarket data, there’s a 43% chance that it will launch by 2025. Yes, 43%. Real cutting-edge analysis here, folks.

Polymarket

After Lubin’s cheeky hint, the odds shot up to 65%, but, unsurprisingly, they tumbled back down below 50% once the dust settled. If there’s one thing we know, it’s that everyone loves a good speculative bubble.

Oh, and don’t forget, most platforms that are preparing to launch tokens usually try to drum up excitement with point farming to get the community to show up and maybe even reward some early users. But as of now, there’s no word from MetaMask about any such scheme. Imagine that.

Still, the odds will likely rise if a point-based system is announced. But for now, it’s all just…waiting. Exciting, right?

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2025-09-20 11:46