Is MetaMask custodial? Who holds your funds?
No. MetaMask is listed as non-custodial: your funds stay in a wallet you control, not with the venue.
Checked 2026-10-17 · 2 sources- Self-custodial wallet. For swaps, MetaMask describes itself as an 'information aggregator': it pulls quotes but does not provide liquidity or execute the trade.
- Non-custodial does not mean risk-free. Smart-contract bugs, phishing and malicious approvals can still lose funds.
Sources: MetaMask Rewards terms and disclosures (Consensys) · How to send tokens from your MetaMask wallet. The venue's own page wins if it disagrees with ours.
MetaMask
Wallet · 1.75% round trip. 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.
Full MetaMask sheet: fees, custody, incidents →