Earlier last year, MetaMask announced that they crossed 264,000 active monthly users. Since then, the MetaMask userbase has increased 400 percent, reaching over a million active monthly users worldwide.
This increase in users is likely to have been powered by the recent DeFi craze, where USD has steadily been flown in for the past few months.
MetaMask and the DeFi Takeover
As DeFi continues to take over the crypto world, Metamask’s ease of use and integration with the many DApps available on Ethereum make it an easy fit for the rising needs of Ethereum users.
As such, MetaMask’s monthly users have risen exponentially since the DeFi craze took off in the middle of the year.
Worldwide Mobile Usage
MetaMask Mobile’s recent launch is likely to have been key in onboarding new users into the MetaMask network. The top four mobile-user countries, according to Metamask, are:
1. The United States
4. The Philippines