MetaMask, Rabby, & Rainbow Tease Upcoming Tokens

Alpha Team
September 20, 2025

🪙 Crypto Wallets Announce Tokens

MASK Token Details: On September 18th, Consensys CEO Joe Lubin announced the $MASK token for MetaMask, tied to platform decentralization efforts. He also recently stated, "So if we notice, at some date in the future that you've held n LINEA tokens for m days, that just might lead to another token landing in your account. And if n and m are larger numbers your account might receive a larger reward." With over 30 million monthly active users, millions may be eligible through activities like swaps, staking, or MetaMask Portfolio use, though eligibility is not guaranteed.

RABBY Token Speculation: Following the $MASK news, Rabby Wallet posted a poll on September 19th about $RABBY’s potential market cap. Its points system, active from January to May (2024), then June (2024) for season two, is no longer active, but users can view earned points within Rabby. Since Rabby and DeBank share a team, a combined airdrop is speculated. No specific dates or amounts were shared.

RNBW Token Tease: Amid $MASK & $RABBY announcements, Rainbow Wallet hinted at $RNBW on September 19th with "whats rainbow without any vowels." On September 9th, they teased rewards phase 3, moving to real-time $████ distributions, pausing weekly ETH rewards. No dates or amounts were specified. As potential wallet airdrops near, all of these wallets also plan to integrate Hyperliquid perpetuals for in-app trading soon. Read More.

️ On today's Top Picks:

✨ $ETH to launch Fusaka mainnet upgrade on December 3rd.
🚀 Plasma $XPL to launch mainnet beta on September 25th.
🔎 US White House looking for other CFTC Chair candidates.
🛡️ Google releases Chrome security update patching zero-day.

Read time: ⏰ 6 minutes

Crypto News

• ⭐️ Ethereum $ETH to launch Fusaka mainnet upgrade on December 3rd; introduces PeerDAS, phased blob expansion, & more.

• FTX Recovery Trust to distribute ~$1.6B to creditors on September 30th; third distribution to holders of allowed claims in the Plan’s Convenience and Non-Convenience Classes.

• YZi Labs "deepens its holding" & to continue strategic support for Ethena $ENA Labs; YZi Labs support to advance Ethena's next phase of growth.

• Kraken partners with Legion to launch Kraken Launch, a new platform for exclusive token sales; to reveal first token sale soon.

• PayPal $PYPL partners with LayerZero $ZRO to launch $PYUSD0 on Abstract, Aptos $APT, Avalanche $AVAX, Ink, Sei $SEI, Stable, & Tron $TRX.

• Paxos acquires Nucleus team for an undisclosed amount; Jun Kim & Chunda McCain join Paxos Labs as co-founders.

Alpha

• ⭐️ Plasma $XPL to launch mainnet beta on September 25th; to airdrop 25M XPL to public sale participants & 2.5M XPL to various contributors.

• USDai to raise deposit caps to $500M on September 23rd; no plans to raise caps again in the near future; USDai Allo (points) program is ongoing.

• Nansen teases "Sep 25, 2025 - The future is yours" on X; to launch Nansen Points Season 2 & Nansen mobile app.

• Fogo teases Mainnet launch on X; to potentially launch TGE & airdrop soon.

• Camp launches Summit Series Season 2; complete quests to earn action points & yap to earn zaps; top 100 participants to share $25K reward pool.

• Makina to launch Pre-Launch Machines (vaults) & Season 0 on September 29th; earn points for $MAK & eligibility for future NFT drop.

• ICYMI USD (stablecoin) Farms by Olimpio.

Airdrops

• Airdrops, Checkers, & Points by Olimpio.

• ⭐️ MetaMask to launch $MASK soon; Joseph Lubin, CEO of Consensys, adds "...may arrive sooner than you would expect" in recent interview.

• ⭐️ Rabby posts "What’ll be the market cap for $RABBY?" on X; to potentially launch TGE & airdrop soon.

• ⭐️ Rainbow teases $RNBW, posts "whats rainbow without any vowels" on X; to potentially launch TGE & airdrop soon.

• Lombard launches $BARD airdrop claim; Lux (points) holders are eligible.

• Camp to close $CAMP Season 1 airdrop claim on September 26th; Summit Series participants & Camp TrailHeads NFT holders were eligible to register.

• ICYMI Aster launches $ASTER airdrop claim; Rh & Au points holders, Gems holders, & loyalty points holders are eligible.

Finance News

• ⭐️ US White House reportedly looking for other crypto-focused CFTC Chair candidates; Brian Quintenz confirmation has stalled following backlash from the Winklevoss twins & due to Kalshi espionage claims.

• Nvidia $NVDA to invest $5B in Intel $INTC; deal follows recent US government's $11B acquisition of a 10% Intel stake under the CHIPS Act

• xAI reportedly raising $10B at $200B valuation; fundraising follows recent raise of $10B in debt & equity at ~$150B valuation.

• Helius Medical Technologies $HSDT closes $500M PIPE led by Pantera Capital & Summer Capital; to launch a Solana $SOL treasury company.

• Brera Holdings $BREA (Solmate) announces $300M PIPE led by Pulsar Group & RockawayX; to launch a Solana $SOL treasury company.

• Ark Invest $ARKK $ARKW $ARKF buys ~$162M of Brera Holdings $BREA; also participated in Brera Holdings $300M PIPE.

Security and Exploits

• ⭐️ Google releases Chrome security update; patches four vulnerabilities, including one zero-day being actively exploited.

• X to take "strong action" against a bribery network targeting the platform; suspended accounts paid middlemen to attempt to bribe employees to reinstate their suspended accounts.

Token Unlocks

• Lista $LISTA / ~$9M / SEP 20th
• LayerZero $ZRO / ~$51M / SEP 20th
• Kaito $KAITO / ~$10M / SEP 20th
• Optimism $OP / ~$92M / SEP 21st
• Space ID $ID / ~$12M / SEP 22nd
Sourced from Tokenomist

Funding

• Finary raises €25M in Series B funding led by PayPal Ventures.

• Grvt raises $19M in Series A funding led by ZKsync, Further Ventures, EigenCloud, & 500 Global.

• Titan raises $7M in Seed funding led by Galaxy.

The Degen Farmer

Top stablecoin yield farms of the day, more than $3,000,000 in TVL. DYOR and step up your farming game!

PROTOCOL	ASSETS	APY
Aerodrome Slipstream (Base)	EURCUSDC	45.30%
PancakeSwap AMM V3 (Ethereum)	USDTUSDF	33.39%
Peapods Finance (Arbitrum)	USDC	29.09%
Uniswap V3 (Ethereum)	EUROCUSDC	28.63%
Merkl (Ethereum)	LVUSDTUSDT	25.76%
Tokemak (Ethereum)	USDC	24.13%
Pendle (Arbitrum)	USDAI	23.42%

. . .

🌿 OpenEden: Tokenized Real-World Assets

🌿 What is OpenEden: OpenEden is a leading real-world asset (RWA) tokenization platform that brings US Treasury Bill yields on-chain. Through products like TBILL (tokenized T-Bills) and USDO (yield-bearing stablecoin), it provides compliant, secure access to traditional finance yields in DeFi. Trusted by over 200 institutions, backed by Binance Labs, and holding an "A" investment-grade rating from Moody's, OpenEden bridges TradFi and crypto with a TVL exceeding $331M.

💼 From Bills to OpenSeason: The Bills Points Campaign concluded with a snapshot on September 15, 2025, recording participants' points earned through DeFi activities. Eligible wallets with at least 100,000 points can view their totals on the portal and will receive the EDEN airdrop under the adjusted EDEN HODLers Bonus Mechanism, with the "Starting Portion" increased to 80% for those with less than 10 million points. OpenSeason has now begun, introducing Curve Stability Vault and Pendle YT cUSDO Stability Vault, where users can pre-farm EDEN tokens ahead of the Token Generation Event (TGE) and airdrop at the end of September.

⚡ The EDEN Token: EDEN is the native token of the OpenEden ecosystem, designed to drive growth, governance, staking, incentives, and utility. With a total supply of 1B tokens, 7.5% (75M EDEN) is allocated to the Bills airdrop, fully unlocked but with an EDEN HODLers Bonus Mechanism to reward long-term holders. The Token Generation Event (TGE) and airdrop is scheduled for the end of September. Join the community to stay updated.

👉 Explore OpenSeason Vaults and start pre-farming EDEN today!

. . .

That’s it for today’s edition! See you soon.

Reply

or to participate.