In this study, the volatility spillover between metaverse tokens is investigated to guide investors. In the research, price data of Decentraland, StarLink, Axie Infinity, Radio Caca, The Sandbox, Internet Computer, My Neighbor Alice and Enjin Token, for the period 12.14.2021-10.22.2023 analyzes with the time-varying parameter vector autoregressive (TVP-VAR) model developed by Antonakakis et al. (2019). As a result of the research, it determine that Radio Caca and Axie Infinity only receive volatility; My Neighbor Alice and Enjin Token only spread volatility; StarLink, Decentraland and Internet Computer are metaverse tokens that both receive and spread volatility.