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MetaMask Rewards now runs mainly through time-limited campaigns, mostly trading competitions that need capital. MetaMask says Season 1 has ended with no plans for another season, and no plans for a $MASK token.
People who already use MetaMask for swaps, trading or the MetaMask Card and can accept the risks of a trading competition.
Opening leveraged positions or buying unfamiliar assets just for a campaign usually carries more risk than the reward is worth, and only a few participants win a trading competition.
You can lose principal
Trading competitions rank by results, and losses are not offset by rewards. In the June 2026 perpetual futures competition, entrants needed at least $25,000 of notional volume during the campaign, ranking used realized profit and loss, and only the top 20 shared the prize pool. Notional volume includes leverage: $1,000 of margin at 10x is $10,000 of notional value.
Every trade costs something
Swaps and trades incur platform fees, network gas and slippage. Trading back and forth to build volume makes these costs add up quickly.
Some campaigns require holding
The Ondo tokenized-asset challenge in May and June 2026, for example, required swapping from a stablecoin into eligible tokenized assets on Ethereum or BSC and holding for at least 10 days through the final snapshot, with tiers at $100, $5,000 and $20,000 deposited. Asset prices move while you hold.
MetaMask Mobile: joining Rewards and tracking progress require the mobile app. Trades made on the browser extension with the same account still count toward campaigns you have joined.A location that meets the eligibility rules of the specific campaign; these differ by campaign.The ability to bear the capital and price risk of a trading competition. Some campaigns set a minimum trading volume or deposit.Download the mobile app from MetaMask's website. Do not install apps forwarded in chats or ads.
Read step instructions
Open Rewards in the app, tap Join Rewards and accept the general terms. Joining Rewards does not enroll you in any campaign.
Campaigns lists active, past and upcoming campaigns. Each has its own timeline, eligibility, scoring and terms, and you must opt in to each one. Trades made before you join a campaign do not count.
The settings in the top corner of Rewards let you link several accounts and combine progress. How much a referral code earns depends on each campaign.
Progress is visible only in the mobile app. When a campaign ends, winners are notified on the Rewards tab or by in-app notification; follow its instructions to claim.
Each campaign publishes its own prize pool, eligibility and rules, and the campaign page in MetaMask Mobile is the official source. Trading competitions rank participants by profit or rate of return, and only those near the top win. Winners must provide tax information, and Consensys withholds tax where the law requires. MetaMask says there are no plans for a $MASK token; this page does not predict any airdrop.
MetaMask's Help Center says Season 1 has ended and there are no concrete plans for future seasons. The program focuses on campaigns instead, and several may run at once. Past participation in Season 1 or campaigns may or may not be considered for future incentives.
No. MetaMask says Rewards partners with sponsors to reward things you already do, and that there are no plans for a $MASK token. Predictions about a "MASK airdrop" online are not official information.
Yes, if they are made with the same account you have opted in to Rewards and to the campaign. Progress, however, can only be viewed in the mobile app.
MetaMask says campaigns are separate from each other, so skipping one does not affect your participation in others.
No. Season 1 ran from October 2025 to January 2026 and distributed more than $30 million in LINEA tokens along with other perks. Joining now does not count toward it.
