MetaMask hits 1M monthly users thanks to DeFi boom

Cointelegraph

Published Oct 05, 2020 09:47PM ET

Updated Oct 05, 2020 11:20PM ET

MetaMask, the Ethereum (ETH) browser wallet developed by ConsenSys, has surpassed one million monthly active users for the first time.

The milestone comes roughly seven months after the wallet first surpassed one million users in total, suggesting the parabolic rise of decentralized finance (DeFi) in 2020 has driven the surge in MetaMask’s user base.

Total value locked in DeFi sector over past 12 months: DeFi Pulse

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