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RWA Blockchain Mavryk has announced that it'll launch its native mainnet token, $MVRK, via listing on MEXC exchange on September 18 2025 at 1 PM UTC. At launch, the blockchain company said the token will be priced initially at $0.10.
The token will serve as the backbone of the network used for gas fees, delegation, co-staking (liquid staking), and collateral in lending and borrowing protocols.
However, only 5.6% of the tokens will be in circulation, and over 45% will be allocated for ecosystem growth, staking incentives, and community engagement; FDV (fully diluted valuation) is targeted around $100 million.
Once the $MVRK is fully released, Mavryk Wallet Extension will now become useful. Currently, the wallet extension is limited to the Testnet. It'll relevant to mainnet when the Mavryk token is fully launched.
What Is the Mavryk Wallet Extension?
The Mavryk Wallet Extension is a non-custodial, browser-based crypto wallet built for the Mavryk blockchain. The wallet extension is currently available in Beta and compatible only with the Mavryk Network Testnet.
The wallet—designed as a user-friendly entry point into the Mavryk ecosystem, spanning DeFi, NFTs, real-world assets, and more—features asset management and dApp interaction, and versatile functionality (such as buy, spend, swap, and exchange of digital assets).
The Mavryk Wallet Extension also has Mavryk Pro Extension and advanced features such as multi-account management, flat integration, NFT gallery, staking, and keyless security that employs multi-party computation (MPC) and threshold signature schemes (TSS).
The Mavryk Pro Extension is available to users who upgraded their accounts. The Mavryk Pro Extension gives access to premium real-world asset (RWA) opportunities, including exposure to tokenized assets like real estate, mining operations, and government bonds.
While currently the wallet is limited to the Testnet (do not send real funds, as they won’t be recoverable), its upcoming relevance to the Mainnet lies in the following:
- Transition to Mainnet Compatibility: With the token launch imminent, the Wallet Extension is expected to upgrade and support the Mavryk Mainnet. It'll give users immediate access to hold and manage $MVRK tokens, stake them, or interact with live DeFi protocols.
- Onboarding and Engagement Gateway: The Extension Wallet will be the gateway through which users who’ve experimented on the Testnet have access and participate in the mainnet ecosystem.
- Feature Expansion: The roadmap is for the purpose of building out a DeFi toolkit: Maven Finance, a decentralized exchange (DEX), perpetual trading, Layer-2 integrations, mobile interfaces, NFT support—even a tokenized ETF minter and launchpad—all of which the Wallet will serve as the user interface hub.
In a nutshell, when $MVRK token is launched, users can seamlessly graduate to mainnet from Testnet, and the wallet extension will be their everyday access point to use $MVRK and interact with Mavryk’s DeFi and RWA-powered ecosystem.
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How to Download Mavryk Wallet Extension
The Mavryk Wallet Extension allows you to securely login to your Mavryk account, giving you access to Mavryk Blockchain and Mavryk Network. The Mavryk Wallet is available on Chrome Web Store. Once you're on the store, click on "Add to Desktop" to install the Chrome extension on your computer.
However, it's important to note that the Mavryk Wallet app is currently not available on Mobile app stores like Google Play store (for Android) and iOS app store for iPhone and iPad users. The Firefox extension is currently underway and you can access the wallet via web through mavryk.org/wallet.