Rainbow vs MetaMask
short answerBoth are web3-native neobanks. MetaMask pays yield on balances. Compare custody, license, FX markup and fees field by field below.
Rainbow: Open-source EVM wallet; Ledger/Trezor.
MetaMask: Default self-custodial wallet; Agent Wallet: Blockaid scanning, tx simulation, MEV protection.
Side by side
| Rainbow | MetaMask | |
|---|---|---|
| Category | web3-native | web3-native |
| Audience | general | general |
| HQ | New York, US | Consensys (global) |
| Founded | 2019 | 2016 |
| Custody | Self-custodial | Self-custodial |
| Regulation | Self-custodial software | Self-custodial software |
| License detail | — | Self-custodial software — no banking license needed; card via licensed issuer partners |
| Card | No card | MC · Virtual + physical |
| Cashback | Points | Card rewards (region) |
| Yield | — | mUSD ~4% (Monad); DeFi-wide |
| FX markup | — | — |
| Services | — | crypto on-ramp, crypto off-ramp, crypto-settled card, virtual cards |
| Stablecoins | Yes | Yes |
| KYC | No | Card only |
| Regions | North America, Europe, Latin America, Africa, MENA, Asia, Oceania | North America, Europe, Latin America, Africa, MENA, Asia, Oceania |
| Reported users | — | — |
go deeperFull profiles: Rainbow · MetaMask — or run your own comparison of up to four in the directory.
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.