MetaMask’s $30 Million Reward Program Faces Off Against Bittam’s Bold Incentive Offers

MetaMask, a prominent

wallet, has unveiled an extensive rewards initiative and broadened its multichain features, marking a deliberate effort to boost user participation and diversify its platform. This new program, known as , motivates users to trade, swap, and invite others by providing tiered incentives such as reduced fees, token rewards, and special privileges, as reported by . At the same time, the company introduced a $30 million token fund as part of the rewards, with distributions set over a 90-day timeframe. These initiatives come as MetaMask faces heightened rivalry from competitors like Bittam, which has rolled out a $3,000 welcome bonus and 200× leverage trading, according to a .

The rewards platform is structured around a points system, where users accumulate points through actions such as token swaps, perpetual futures trading, and referring friends. These points determine placement within seven reward levels, from "Origin" (no benefits) up to "Utopia," which grants top users a complimentary MetaMask Metal Card, as detailed by TradingView. For example, participants receive 8 points for every $10 swapped and 1 point per $10 in perpetual futures trades, as per the same source. Past activities, including previous swaps and bridging, also add to the total, with a maximum of 50,000 points per account. The program is designed for ease of use, enabling users to connect several accounts to speed up their progress.

MetaMask’s move to support multiple chains further enhances its attractiveness. With the release of MetaMask Mobile 7.57, users are now able to manage Ethereum Virtual Machine (EVM),

, and wallets all within a single profile, making cross-chain operations more convenient. This update fits into MetaMask’s larger goal of making decentralized finance (DeFi) more accessible, especially as rumors grow about a possible "MASK" token. Recent signs, such as a password-protected token claim page and remarks from Consensys CEO Joe Lubin, have pushed the likelihood of a 2025 launch to 35% on Polymarket, according to TradingView.

The rewards initiative is also linked to MetaMask’s latest collaboration with Linea, a Layer 2 scaling network. Users can exchange points for Linea tokens, reduced transaction fees, and priority support, strengthening the relationship between the two platforms, TradingView notes. Meanwhile, Bittam’s $3,000 deposit incentive and zero-fee policy underscore the fierce competition in the crypto trading sector. Bittam’s 200× leverage allows traders to maximize positions with limited funds, though MetaMask’s strategy is centered on user rewards and retention rather than high-risk leverage, as highlighted in the earlier Bittam press release.

MetaMask’s recent enhancements highlight its significance in the DeFi ecosystem. By integrating multichain functionality, gamified incentives, and the potential for tokenization, MetaMask is positioning itself as a user-focused entry point to Web3. As the digital asset landscape shifts, MetaMask’s commitment to innovation and user accessibility will be key to maintaining and growing its community.