MetaMask launched Agent Wallet on Thursday, introducing a self-custodial wallet designed to let AI agents carry out crypto trades on a user's behalf within preset boundaries. The tool supports activity such as swaps, perpetuals, prediction-market bets and staking across Ethereum-compatible chains and Hyperliquid.
The development matters because it brings autonomous trading tools closer to a mainstream crypto wallet audience. Decrypt noted that MetaMask is not the first company to move in this direction, citing Coinbase's agentic wallets and MoonPay's work in the category, but MetaMask's large wallet-market presence gives the launch added weight.
Agent Wallet is built around user controls. Before an AI agent can act, users can cap spending, allowlist protocols and choose a risk setting. The default Guard Mode requires pre-approval for protocols and addresses, while actions outside those rules or above spending limits pause for two-factor approval.
A second setting, Beast Mode, removes the allowlist and lets the agent trade more freely without approval prompts. Even in that mode, spending caps remain in place, and MetaMask says malicious-transaction two-factor checks still apply, alongside real-time threat scanning.
MetaMask also said transactions run through simulation, threat scanning and MEV protection, with eligible trades receiving up to $10,000 per month in loss coverage. The wallet plugs into developer tools including Claude Code, Codex, Cursor and OpenClaw, handles gas by settling fees in the token being moved, and does not have a token attached.
The launch came during a broader mixed crypto news cycle. Decrypt reported Bitcoin at about $65,000, BTC ETF net inflows of $138 million on Thursday, and the Clarity Act vote officially delayed until after the August recess, with the outlet citing odds of passage this year at 13%.