MetaMask launched Agent Wallet, a self-custodial wallet that lets AI agents trade crypto within limits the user sets in advance. The product adds spending caps, protocol allowlists, and two automation modes, following a June rollout to about 200 early access users. It arrives as Coinbase and MoonPay push their own AI-agent wallet tools.
MetaMask launched Agent Wallet on Thursday, a self-custodial wallet that lets AI agents execute on-chain transactions within limits users define beforehand. The launch expands MetaMask's push into AI-powered crypto trading.
Spending caps replace unrestricted access
Rather than giving an AI agent unrestricted wallet access, users can set spending caps, approve specific protocols, and choose risk settings before agents act. They can also pick between "Guard Mode" and "Beast Mode," which offer different levels of automation, according to MetaMask.
Agent Wallet supports Claude Code, Codex, Cursor, OpenClaw, Hermes, and OpenCode, along with Hyperliquid and Ethereum Virtual Machine-compatible networks. The wallet also offers gas abstraction, letting users pay network fees with the asset being transferred instead of holding a network's native token.
A rules-based model, not blind delegation
According to MetaMask: "This security-first model is why Agent Wallet is built around rules, not blind delegation." Supported transactions pass through transaction simulation, threat scanning, and smart transactions MEV protection before they execute, MetaMask said.
MetaMask also offers Transaction Protection coverage of up to $10,000 per month for eligible transactions that pass its security checks but still result in losses.
Wallet providers race for AI-agent users
The launch follows MetaMask's June rollout of Agent Wallet to about 200 early access users. Coinbase introduced Agentic Wallets in February, while MoonPay expanded its AI-agent strategy in March and extended its MoonAgents platform to Telegram in July.
Source: MetaMask
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