What is MATH (MATH)?

Quick Facts

  • Token type: ERC-20 utility and governance token
  • Founded: 2018; token launched in 2019
  • Core product: MathWallet — supports 150+ blockchains
  • Max supply: 200,000,000 MATH
  • Investors: Fenbushi Capital, Alameda Research, Binance Labs, Multicoin Capital
  • Co-founders: Ke Qiao (CEO) and Eric Yu (CTO)
  • Burn mechanism: Portion of protocol income used to repurchase and burn MATH

Introduction

MATH is the native utility and governance token of the MathWallet ecosystem — a multi-chain, cross-chain digital asset hub. It powers a suite of interconnected products designed to give users seamless access to DeFi, staking, NFTs, and decentralized applications across more than 150 blockchain networks.

The token acts as the economic backbone connecting all services within the MATH platform, from wallet management to decentralized exchange and identity solutions.

History & Background

MathWallet was founded in 2018 by Ke Qiao and Eric Yu, with headquarters registered in Singapore. The MATH token was introduced in 2019 as an ERC-20 asset on Ethereum, giving the platform a native instrument for incentives, governance, and ecosystem access.

The project attracted backing from prominent crypto investors including Fenbushi Capital, Binance Labs, Alameda Research, Multicoin Capital, and NGC Ventures, signaling early institutional confidence in the multi-chain wallet thesis.

How MATH Works

MATH is an ERC-20 token that also exists across BNB Chain, Arbitrum, Base, and Solana, making it natively multi-chain. Token holders can stake MATH to earn rewards via MathVault, participate in governance decisions, and access premium ecosystem features.

The platform's core component, MathWallet, is available on mobile (iOS and Android) and as a browser extension. It enables non-custodial storage, token transfers, and one-click access to a curated dApp store — all within a single interface.

Tokenomics

MATH has a hard cap of 200,000,000 tokens. A significant portion is already in circulation, reflecting a mature distribution profile. The protocol employs a buy-back-and-burn mechanism, using a share of platform revenues to reduce supply over time. Token stakers can earn a portion of newly issued MATH through the MathVault farm.

Circulating supply ? 145.31 million MATH
Reserved supply ? 54.69 million MATH
FOUNDATION
0x16De73a47C9D663B02e625315D3C03f7AA3b8d7B
39.64 million MATH
FOUNDATION
0xba834b31833fcf1B3e7824e823eF97c2B747530d
3.83 million MATH
MATH mining
0x4e74ebb0a340634a3eee3644f3fe80d5c6a52917
11.23 million MATH
Total supply ? 200.00 million MATH
Max supply ? -- MATH
Updated 2d ago

Ecosystem & Use Cases

The MATH ecosystem includes several interconnected products:

  • MathWallet — universal non-custodial wallet for 150+ chains
  • MathVault — staking and yield generation
  • MathDEX — AMM-based decentralized exchange integrated within the wallet
  • MathDAppStore — curated marketplace of vetted dApps
  • MathChain — an EVM-compatible blockchain layer
  • MathID — decentralized identity for compliant DeFi access
  • MathPay — cryptocurrency payment gateway

The MATH token can be used to redeem all MATH products and unlock fee discounts across the suite.

Team, Governance & Community

Ke Qiao serves as CEO and Eric Yu as CTO, with Frank Fu leading the Math Wallet Foundation. Governance rights are tied to MATH token staking, allowing holders to vote on ecosystem proposals and protocol direction.

The community operates across Telegram and Twitter, with development activity tracked on GitHub.

Advantages

  • Multi-chain reach: Supports 150+ blockchains within a single wallet interface
  • Integrated ecosystem: Wallet, DEX, staking, identity, and dApp store under one token
  • Deflationary pressure: Buy-back-and-burn mechanism helps reduce circulating supply
  • Strong backers: Investment from Binance Labs, Multicoin Capital, and other top-tier funds
  • Cross-platform availability: Mobile, browser extension, and hardware wallet support

Risks & Challenges

  • Market competition: Faces pressure from larger, more established wallet and DeFi protocols
  • Token price decline: MATH has experienced a significant drawdown from its all-time high
  • Dependency on adoption: Token utility is closely tied to continued growth of MathWallet user base
  • Smart contract risk: Multi-chain exposure increases the attack surface across bridges and contracts

Long-Term Vision

MATH aims to become the connective layer of a truly interoperable Web3 ecosystem — unifying wallets, DeFi, identity, and payments under a single token economy. By expanding MathChain's cross-chain capabilities and deepening integrations across Layer 2 networks, the project seeks to lower barriers for mainstream users entering decentralized finance at scale.

Frequently Asked Questions

MATH is used to redeem MATH ecosystem products, pay for fee discounts, stake for yield in MathVault, and participate in governance votes. It serves as the economic backbone across all platform services.

MATH is primarily an ERC-20 token on Ethereum, but it also exists on BNB Chain, Arbitrum, Base, and Solana, making it a truly multi-chain asset.

MathWallet is a non-custodial, multi-platform crypto wallet supporting 150+ blockchains. It is available on iOS, Android, and as a browser extension, and provides access to DeFi, staking, and a dApp store.

MathWallet was co-founded by Ke Qiao (CEO) and Eric Yu (CTO) in 2018, and is registered in Singapore. Frank Fu leads the Math Wallet Foundation.

The maximum supply of MATH is capped at 200,000,000 tokens. A buy-back-and-burn mechanism reduces circulating supply over time using a share of protocol revenues.

Notable investors include Fenbushi Capital, Alameda Research, Binance Labs, Multicoin Capital, FundamentalLabs, and NGC Ventures.

MathVault is MathWallet's staking and yield product. Users can stake MATH and other assets to earn rewards distributed transparently through smart contracts.

MathChain is an EVM-compatible blockchain developed by the MATH team. It aims to reduce transaction fees and lower barriers to blockchain access for mainstream users, with support for multiple Layer 2 integrations.