MetaMask denies MASK token as Coinbase-backed DEX lists speculative pre-markets

Key Takeaways

MetaMask denied the existence of a MASK token after it was listed as a speculative pre-market on LogX.
ConsenSys has deliberate for a future token, however no timeline has been confirmed regardless of previous bulletins.

MetaMask, the favored crypto pockets for the Ethereum community, right this moment denied the existence of a MASK token after Coinbase-backed decentralized trade LogX listed speculative pre-market buying and selling for the purported asset.

Please remember that tasks indicating buying and selling, or pre-market buying and selling, of a MetaMask token are unaffiliated with Consensys.

There is no such thing as a MetaMask token.

These ads and promotions are for speculative platforms unrelated to Consensys and with out our involvement or…

— MetaMask.eth 🦊 (@MetaMask) March 3, 2025

The denial got here after LogX introduced the launch of MASK pre-markets on its platform.

$MASK ( @MetaMask ) Pre-Markets are LIVE on LogX 🦊

Degens should speculate. Learn Disclaimer👇🏻 pic.twitter.com/YYx8jWTeJm

— LogX 🪵 (@LogX_trade) March 3, 2025

LogX, which gives perpetual futures, choices and spot buying and selling, acknowledged in its disclaimer that “markets on LogX are usually not formally endorsed by challenge groups and will not replicate the market’s expectations of a token’s launch worth.”

The event follows final week’s settlement by the SEC to drop its enforcement case in opposition to ConsenSys’s MetaMask pockets software, pending commissioner approval.

“No firm desires to be the goal of company enforcement, however on the similar time, it was our responsibility and honor to face up for blockchain software program builders within the hour it was most wanted,” mentioned Joe Lubin, CEO of ConsenSys.

Whereas MetaMask’s dad or mum firm ConsenSys had beforehand confirmed plans for a token in March 2022, with CEO Joseph Lubin saying intentions for “progressive decentralization” by means of a token and DAO construction, no particular timeline was offered.