MetaMask adds support for Sei

MetaMask has added native help for Sei in a strategic collaboration that may see customers profit from a brand new cross-chain swaps and asset bridge.

Self-custody web3 pockets MetaMask, which is developed by Consensys, says it has built-in layer-1 blockchain Sei (SEI) to convey cross-chain entry to decentralized purposes to its customers.

MetaMask‘s transfer permits its customers to simply faucet into Sei’s ecosystem, with entry to dApps and Sei-native belongings proper from inside the consumer’s pockets. This integration brings the variety of blockchains with the self-custody pockets’s help to 11.

“Increasing MetaMask to help rising networks like Sei is about fixing actual issues for customers,” stated Gal Eldar, world product lead at MetaMask. “Web3 is shifting towards a multi-chain actuality, and customers shouldn’t should wrestle with totally different wallets or complicated bridges to take part. By bringing Sei into MetaMask, we’re delivering a smoother and safer expertise that we consider will assist convey the subsequent wave of customers into Web3.”

You may additionally like: TAO Synergies ramps up Bittensor holdings, now holds over 42,000 TAO

MetaMask to help native swaps and bridging

MetaMask has added a devoted Sei web page on its platform and customers can entry options reminiscent of Sei-based decentralized purposes, video games, tokens and non-fungible tokens. Customers also can swap and bridge belongings to Sei, or buy SEI immediately from inside the MetaMask pockets.

The combination comes as Sei’s ecosystem data vital progress, together with in decentralized finance. On-chain exercise has exploded with every day transactions surging to over 4.2 million, whereas complete worth locked has surpassed $600 million. In the meantime, Sei’s month-to-month energetic customers, or MAUs, has surged to 11 million.

Per DeFiLlama, Sei’s stablecoin market cap has spiked greater than 30% up to now seven days to over $265 million.

MetaMask including help for the L1 blockchain will unlock the platform’s high-performance community infrastructure for greater than 100 million customers globally. Justin Barlow, govt director on the Sei Improvement Basis, added:

“This partnership offers Sei’s rising ecosystem with unprecedented attain whereas delivering a seamless onboarding expertise that customers already know and belief. It’s a milestone that takes Sei one step additional in constructing one of the best high-performance EVM ecosystem.”

You may additionally like: Right here’s why SEI may rally to $4 — and why this may be the final dip earlier than lift-off: analyst