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MetaMask

MetaMask, developed by ConsenSys, is the world's leading self-custodial wallet and Web3 gateway for Ethereum and EVM-compatible blockchains.

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What you should know about MetaMask

  • Non-Custodial: You hold full control over your funds and private keys via a Secret Recovery Phrase.
  • Multi-Chain Support: Beyond Ethereum, it natively supports various EVM-compatible networks like Polygon, Arbitrum, BNB Chain, and Avalanche.
  • Web3 Gateway: Facilitates direct interaction with decentralized applications (dApps), DeFi platforms, and NFT marketplaces.
  • Security Focus: Users are solely responsible for protecting their Secret Recovery Phrase; MetaMask features built-in security alerts and phishing protection.

Pros & Cons

Strengths

  • + Industry standard for Web3
  • + Huge dApp ecosystem
  • + Custom RPC support

Weaknesses

  • - No native Bitcoin support
  • - Frequent target for phishing

AI-Verified Data

founded
2016
MetaMask was created by ConsenSys in 2016.
swap fees
0.875%
MetaMask Swaps charges a built-in service fee of 0.875% on every transaction.
supported networks
EVM compatible
Supports Ethereum, Binance Smart Chain, Polygon, Avalanche, and other EVM-compatible networks.
native bitcoin support
No
MetaMask does not natively support Bitcoin; users must bridge assets or use wrapped tokens.
parent company
Consensys
MetaMask is a product developed and maintained by Consensys.
hardware wallet support
Yes
Integrates with Ledger, Trezor, Lattice, and Keystone for enhanced security.

MetaMask Ecosystem

MetaMask Wallet

software wallet

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Why use MetaMask

MetaMask's primary edge versus multi-chain wallets like Trust Wallet or Coinbase Wallet remains its role as the default self-custodial gateway for EVM dApps—browser extension and mobile, 100M+ downloads across app and Chrome stores, and a Consensys-backed stack that most Web3 apps still expect users to connect with first.

Where peers ship fixed multi-chain feature sets, MetaMask differentiates with Snaps (community plugins for transaction insights, phishing alerts, human-readable names, and extended network support), plus security depth (Coinspect #1 ranking, LavaMoat, hardware-wallet pairings with Ledger/Trezor/Keystone and others, optional Transaction Shield) and an expanding in-wallet surface for swaps, perps, RWAs, and prediction markets—making it the most extensible mainstream self-custodial wallet rather than a single-purpose app.

MetaMask Review - Features, Pros & Cons in the Crypto Ecosystem | BlockchainCenter