Total Metamask Users

    How many total Metamask wallet holders are there? What’s the average value of ETH held in wallets? What percentage of wallets are engaging in a higher order activity, like staking?

    Intoduction

    What is a crypto wallet?

    A cryptocurrency wallet is a device, physical medium, program or a service which stores the public and/or private keys for cryptocurrency transactions. In addition to this basic function of storing the keys, a cryptocurrency wallet more often also offers the functionality of encrypting and/or signing information.

    What is Metamask?

    MetaMask is a software cryptocurrency wallet used to interact with the EVM compatible blockchains . It allows users to access their Ethereum wallet through a browser extension or mobile app, which can then be used to interact with decentralized applications.

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    Methodology

    • In this dashboard we will define metamask users was wallets that have interacted with (0x881D40237659C251811CEC9c364ef91dC08D300C), the Metamask swap contract.

    • We are looking to see how popular metamask is as a proportion of etherum users.

    Metamask User Metrics

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    Conclusion

    • The average Metamask user is holding a little over 2 ETH witch is currently worth over $2,000

    • Metamas has been very successful with gaining users and now has significantly over 1 million users .

    • The smart contract the Metamask users are interacting with the most are mostly erc20 tokens, so these users seem to be sending erc20 tokens to other users very often. it seems like 25% - 50% of metamask users are actively using smart contracts.