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MetaMask

MetaMask is a self-custodial wallet developed by Consensys, available as a browser extension and mobile app. It has built-in Swaps and Bridge (a quote aggregator across EVM chains plus Solana, Bitcoin and Tron), Hyperliquid-powered perps, prediction markets, tokenized stocks and the mUSD stablecoin.

Cost: MetaMask fee of 0.875% per swap, built into the quote, plus network gas. The English swaps guide no longer prints the rate, but the localized help guides still list it, and no stablecoin exemption is documented. Perps fees depend on MetaMask Rewards level: 0.1432% taker / 0.1144% maker at Levels 1-3 or without Rewards, falling to 0.0782% / 0.0494% at Levels 6-7. Hyperliquid also charges a flat $1 perps withdrawal fee. A $1,000 buy-and-sell costs about $17.50 in MetaMask fees.

Referral: Set by each Rewards campaign's rules; no standing referee benefit is published.

Checked 2026-10-16 · sources below
Open MetaMaskGoes to MetaMask's site. DexSheet has no referral deal with MetaMask yet. How we earn.

More on MetaMask: Fees · Alternatives

Status
live
Custody
non-custodial
KYC
none
Platforms
extension, ios, android
Round trip fee
1.75%
Launched
—
Fees paid, 30d
$4.0M

Users paid MetaMask about $4.0M in fees in the 30 days to 2026-10-16 (DefiLlama) — a rough measure of how much it is actually used.

Best for: Users who want one self-custodial wallet across EVM chains, Solana and Bitcoin, with built-in swaps, bridging and (outside the US/UK) perps.

MetaMask fees

FeeTypeRateApplies toNote
MetaMask swap fee platform 0.875% Buy and sell Listed as 'MetaMask fee: 0.875%' in the help-center swaps guide (Spanish and other localized versions). The English version lists no rate. Applies to swaps and to bridging done through Swaps.
Network fee (gas) network — Buy and sell Varies with network activity. Gasless swaps let you pay gas in the swapped token on Ethereum, BNB Chain, Linea, Arbitrum and Base (Base on extension only).
Quote rate / slippage lp — Buy and sell The exchange rate comes from third-party liquidity providers. Slippage tolerance can be set in Advanced Options.
Perps deposit swap platform 0% buy MetaMask charges no fee on perps deposits or on the swaps used to fund them.
Perps withdrawal protocol $1.00 sell Flat $1 fee charged by provider Hyperliquid.
Trade sizeMetaMask fee, buy + sell
$100 $1.75
$1,000 $17.50
$10,000 $175.00

Perps: taker 0.143%, maker 0.114% — Total perps trading fees by MetaMask Rewards level: Levels 1-3 (and users not in Rewards) 0.1432% taker / 0.1144% maker. Levels 4-5: 0.0932% / 0.0644%. Levels 6-7: 0.0782% / 0.0494%. Fees are charged on open and close. Powered by Hyperliquid, with up to 50x leverage. metamask.io/perps says 'MetaMask doesn't take any fees on perps transactions', which conflicts with this help-center table of total fees.

Platform fees only. On-chain network/priority fees, pool (LP) fees and price impact are extra and vary by trade.

Full MetaMask fee breakdown →

Is MetaMask legit?

Self-custodial wallet. For swaps, MetaMask describes itself as an 'information aggregator': it pulls quotes but does not provide liquidity or execute the trade.

We found no reported hacks or fund losses in the sources we checked. That is not a guarantee.

Where MetaMask is available

RegionStatus
United StatesPartly available
United KingdomPartly available
European UnionPartly available

Perps are not available to users in the USA, UK, Ontario (Canada), Belgium or US-sanctioned countries, and are 'not intended for UK persons'. The sources checked list no country restriction for the wallet or Swaps. (source)

We report what the venue's own terms say. Don't use a VPN to get around restrictions; venues can freeze accounts that do.

Pros and cons

Pros

  • Swaps and bridging in one flow across 19 listed networks, including Ethereum, Solana, Bitcoin, Tron and Robinhood Chain
  • Gasless swaps let you pay gas in the token you are swapping on Ethereum, BNB Chain, Linea, Arbitrum and Base
  • Perps fees drop from 0.1432% to 0.0782% taker at higher MetaMask Rewards levels
  • Built-in tokenized stocks/ETFs, prediction markets and the mUSD stablecoin (issued by Bridge on M0)

Cons

  • The 0.875% swap fee (1.75% round trip) is higher than many standalone aggregators that charge no interface fee
  • Perps are not available in the USA, UK, Ontario or Belgium
  • Fee disclosure is inconsistent: the English swap guide omits the rate, and the perps marketing page says 'no fees' while the help center lists them

Features

swapscross-chain bridgegasless swapsbatch sellperpsprediction marketstokenized stocksstablecoin (mUSD)rewards programfollow top tradersprice alertsdebit cardmobile appbrowser extension

MetaMask referral code

What you get: Set by each Rewards campaign's rules; no standing referee benefit is published.

What the referrer gets: Bonuses in MetaMask Rewards campaigns; the amount varies by campaign

Open MetaMaskGoes to MetaMask's site. DexSheet has no referral deal with MetaMask yet. How we earn.

Alternatives to MetaMask

Rabby

EVM users who want pre-signing transaction simulation and approval controls, with low-fee in-wallet swaps across many chains.

Round trip: 0.5%

Trust Wallet

Mobile-first users who hold assets across many chains (100+) and want in-app swaps, staking and perps in one self-custodial wallet.

Round trip: 1.4%

Phantom

Solana-first users who want one self-custodial app for swaps, cross-chain swaps, Hyperliquid perps and predictions.

Round trip: 1.7%

Backpack

Solana and EVM users who want a self-custodial wallet tied to the Backpack/Mad Lads ecosystem and an optional regulated exchange.

Round trip: 1.7%

All MetaMask alternatives compared →

Head to head

Where MetaMask ranks

MetaMask FAQ

Is MetaMask legit?

MetaMask is a self-custodial wallet developed by Consensys. It launched in 2016 as open-source software and added Swaps on desktop in October 2020. As of early 2026, MetaMask reports over 100 million users. In Swaps it acts as a quote aggregator and does not execute trades or provide liquidity itself.

What is MetaMask's swap fee?

MetaMask's help center lists a 0.875% MetaMask fee on swaps, built into the quote. Network gas comes on top. Bridging through MetaMask Swaps uses the same flow. No reduced stablecoin rate is documented.

Does MetaMask support Solana and Bitcoin?

Yes. MetaMask Swaps lists Bitcoin, Solana and Tron alongside EVM networks such as Ethereum, Linea, Base, BNB Chain, Arbitrum, Polygon, Monad, Robinhood Chain and others, and cross-chain swaps are supported (for example ETH on Ethereum to SOL on Solana).

What are MetaMask perps fees?

Perps run on Hyperliquid. Total fees are 0.1432% taker and 0.1144% maker at MetaMask Rewards Levels 1-3, falling to 0.0782% / 0.0494% at Levels 6-7. Hyperliquid charges a $1 withdrawal fee. Perps are not offered in the USA, UK, Ontario or Belgium.

What is MetaMask Rewards?

MetaMask Rewards is MetaMask's loyalty program, opted into from the Rewards tab on mobile. It runs mainly through time-limited campaigns, plus ongoing items such as 3% money back on the Metal Card and a 3% bonus for converting stablecoins into mUSD. Each user gets a referral code that earns campaign bonuses.

What is mUSD?

mUSD (MetaMask USD) is a dollar stablecoin issued by Bridge and powered by M0, backed by short-term US Treasury bills. It launched in September 2025 on Ethereum and Linea.

Sources

Last checked . Fees and terms change often; the venue's own page wins if it disagrees with ours.

  1. MetaMask Help: User guide: swaps (Spanish) - lists MetaMask fee 0.875% — checked 2026-10-16
  2. MetaMask Help: User guide: swaps (English) - supported networks, gasless swaps — checked 2026-10-16
  3. MetaMask Help: How to trade perps (fee table by Rewards level) — checked 2026-10-16
  4. MetaMask Help: What is perp trading (regional restrictions) — checked 2026-10-16
  5. MetaMask Perps (Hyperliquid, up to 50x) — checked 2026-10-16
  6. MetaMask Help: What is MetaMask Rewards — checked 2026-10-16
  7. MetaMask USD (mUSD) — checked 2026-10-16
  8. Wikipedia: MetaMask (launch 2016, Swaps 2020, user count) — checked 2026-10-16
  9. MetaMask Rewards terms and disclosures (Consensys) — checked 2026-10-16